Oil Trade

File photo : Import volumes have climbed from nearly 190 million tonnes in FY14 to exceed 300 million tonnes in FY26, yet exports of refined petroleum products have remained largely flat, aside from a temporary post-pandemic spike.

India's Oil Trade Deficit Set To Balloon To New High In FY27: Crisil

BY Outlook News Desk

IMAGO / Anadolu Agency : Commercial vessels divert to UAE coasts amid navigation issues DUBAI, UNITED ARAB EMIRATES - MARCH 2: Commercial ships anchor off the coast of the United Arab Emirates due to navigation disruptions in the Strait of Hormuz, Dubai on March 2, 2026. Increased maritime traffic led to a buildup of vessels waiting near Dubai, highlighting the strategic importance of the strait, which handles 20 percent of global energy trade.

Oil Trade In Crisis, Markets Anxious As Attacks Escalate At Strategically Crucial Strait Of Hormuz

BY Jinit Parmar

File photo : United States is taking action on Iran to stem the flow of revenue the regime uses to fund these destabilizing activities

Four Indian Firms Sanctioned By The US Over Alleged Involvement In Iran's Oil Trade

BY Outlook News Desk

Since 2021, Iran has attacked or seized at least 20 internationally-flagged ships in the Persian Gulf region

US Military Prepares For Deployment On Commercial Ships In Strait of Hormuz To Deter Iranian Harassment, Capture: Report

BY Outlook News Desk

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