All content tagged with “Energy trading” - 12 items
Petronet LNG has invoked force majeure on LNG supplies from QatarEnergy after security concerns linked to the Iran–Israel conflict disrupted tanker movement through the Strait of Hormuz.
Oil prices edged higher after renewed US-Iran strikes slowed energy shipments through the Strait of Hormuz, raising concerns over global crude supply. However, gains remained limited following reports that both countries have agreed to resume talks in Qatar.
The US has granted India a 30-day waiver to continue purchasing Russian oil cargoes already at sea, as tensions in West Asia raise concerns over global energy supply disruptions.
India has sufficient crude and gas stocks and is exploring alternative LNG suppliers as part of efforts to ensure stable energy supplies amid global market uncertainty, government sources has said.
Russia is prepared to divert around 9.5 million barrels of crude to India as tensions in West Asia threaten oil flows through the Strait of Hormuz, raising concerns over supply security.
India and Canada have launched CEPA negotiations, with potential implications for coal, crude oil and fertiliser trade as New Delhi looks to diversify strategic commodity imports.
Moody’s Analytics warns that escalating conflict in West Asia and disruptions around the Strait of Hormuz could expose India to renewed oil price spikes and inflationary pressures.
The United States is set to remove the 25 percent additional tariff imposed on India for importing Russian crude oil, according to a Bloomberg report.
Prime Minister Narendra Modi will inaugurate India Energy Week 2026 in Goa virtually, with global ministers and industry leaders gathering to discuss energy security, investment and decarbonisation pathways.
India and the UAE signed a 10-year LNG supply agreement and agreed to expand nuclear energy cooperation during President Sheikh Mohamed’s visit to New Delhi.
India’s imports of Russian hydrocarbons fell to €2.3 billion in December from €3.3 billion in November, reflecting softer prices, inventory adjustments and logistical constraints, data showed.
The US has indicated it may allow India to resume purchases of Venezuelan crude under a Washington-controlled framework, even as pressure continues on New Delhi over Russian oil imports.