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Oil prices jump 2% after US strikes Iran, India monitors evolving situation

New Delhi, June 23 -- International crude oil prices increased over 2% on Monday morning due heightened concerns of global supply disruption after the US on Saturday attacked three nuclear facilities ... Read More


India doubles its petroleum exports to Europe in 3 years backed by oil imports from Russia: Rosneft CEO

New Delhi, June 22 -- India has doubled its petroleum product exports to Europe in the past three years, backed by higher imports of cheaper oil from Russia, said the chief executive officer (CEO) of ... Read More


PM Modi calls for de-escalation after US strikes Iranian nuclear sites

New Delhi, June 22 -- After the US attacked three nuclear sites in Iran, Prime Minister Narendra Modi spoke to Iranian President Masoud Pezeshkian and expressed deep concern over the escalation in the... Read More


US attack on Iranian nuclear sites roils oil market, India braces for possible price surge

New Delhi, June 22 -- Global crude oil prices may face sharp upward pressure when markets open for trade Monday, after the US launched air strikes on three Iranian nuclear facilities - Natanz, Fordo a... Read More


India's power grid gets a summer scare

New Delhi, June 21 -- India faced a power grid scare last week as electricity withdrawn from the transmission network exceeded the available capacity, raising fears about the grid's stability. The av... Read More


Summer demand spike triggers power grid scare

new delhi, June 21 -- India faced a power grid scare last week as electricity withdrawn from the transmission network exceeded the available capacity, triggering fears about the grid's stability. The ... Read More


Brent down 2% on uncertainty over US participation in Israel-Iran conflict

New Delhi, June 20 -- Oil prices eased on Friday morning as traders awaited the decision of the US over its participation in the Israel-Iran conflict. The Brent August contract on the Intercontinenta... Read More


Oil prices tad down amid uncertainty over US involvement in Israel-Iran conflict, stronger dollar

New Delhi, June 19 -- Global crude prices were trading marginally lower on Thursday morning amid a stronger dollar and uncertainty over the involvement of the US in the Israel-Iran conflict. At 10.55... Read More


Crude beyond current levels to impact India's GDP estimates, says Icra

New Delhi, June 19 -- Oil is likely to average around $70-80 a barrel in FY26, and a sustained rise from the current levels risks a reduction in India's growth forecasts, according to Icra Ratings Ltd... Read More


NHPC shelves plan for co-promoter stake buy in PTC India

New Delhi, June 17 -- NHPC Ltd has shelved its plan to buy out its PSU peers in power trading company PTC India Ltd, two people aware of the matter said. Earlier this year, NHPC had informed the powe... Read More