India has found a way... No longer dependent on Hormuz, oil reserves are coming from here
India is diversifying its oil imports away from the Middle East due to rising prices and supply disruptions caused by conflict in the region.
Iran is ready to help Japanese ships in the Strait of Hormuz, says Kyodo
Iran has stated its willingness to ensure the safe passage of Japanese ships through the Strait of Hormuz amidst tensions over US and Israeli attacks.
Iranian Oil Returns – India and Others Rush to Secure Shipments After US Sanctions Lifted
India is preparing to resume imports of Iranian oil following the temporary lifting of US sanctions, prompting a rush among Asian refiners to secure shipments.
Iraq's Deputy Foreign Minister Reveals Iran's Conditions to Open the Strait of Hormuz
Iran's Deputy Foreign Minister Abbas Araghchi has outlined conditions for allowing Japanese vessels to pass through the vital Strait of Hormuz amid ongoing tensions in the region.
China’s Russian oil imports spike in early 2026, but Iran war changes outlook
China significantly increased its Russian oil imports in early 2026 amid rising geopolitical tensions, but the ongoing Iran conflict threatens to alter the positive trend.
Russia does not know what to do with the money from oil. 39 billion dollars trapped in India
After the Russian aggression against Ukraine in 2022, India significantly increased its imports of Russian oil, leading to a large accumulation of Indian rupees that cannot be utilized outside of India due to currency restrictions.
Record Low for Rupee... Crosses 93 Level, Here are Things That Will Become Cheaper or Expensive
The Indian rupee has dropped to an all-time low of 93 against the US dollar amid rising oil prices due to conflicts in the Middle East, impacting the costs of imports and exports.
European Union countries must be involved in the unblocking of the Strait of Hormuz, believes Ijabs
Ivars Ijabs, a Member of the European Parliament, emphasizes the need for EU countries to participate in unblocking the Strait of Hormuz, highlighting Europe's significant dependence on oil and gas imports through this route.
Russian oil supplies to India surge – media
India has significantly increased its crude oil imports from Russia, reaching 1.4 million barrels per day in March, amid a U.S. waiver allowing for continued imports.
It Affects More Than Just the Oil Sector: Blockade in the Strait of Hormuz Threatens Food and Fertilizer Imports
The blockade in the Strait of Hormuz is significantly disrupting global fertilizer and food imports, impacting agricultural producers and vulnerable regions.
South Korea Joins East Asian Countries Weighing Russian Oil Purchases
South Korea is contemplating the purchase of Russian oil and naphtha for the first time in over three years amid regional supply challenges due to the ongoing Middle East conflict.
China is weathering the Iran war oil shock better than others in Asia
China is better positioned than other Asian nations to withstand the economic impact of disruptions in oil supplies due to the Iran war.
South Korea considers buying Russian oil again
South Korea is considering resuming imports of Russian oil to secure its energy supplies amid a tense situation in the Middle East.
South Korea considers importing Russian oil
South Korea is contemplating the import of Russian crude oil and industrial gasoline, with the government currently in discussions with companies.
India's Dependence on Russian Oil in the Context of American Sanctions and War
The U.S. has granted India a temporary exemption that permits the continued import of Russian oil amid ongoing conflicts in the Middle East, impacting global energy markets.
India increases liquefied petroleum gas production amid Middle East crisis
India has ramped up its liquefied petroleum gas production following supply disruptions caused by the ongoing Middle East crisis.
Seven Ships Carrying Russian Oil Turned Back to India Instead of China
Seven oil tankers carrying Russian oil have changed course from China to India amid a surge in India's imports of Russian oil.
Countries Struggling with Oil Shortages Turn to Russia for Imports, Negotiating with Iran for Passage
Countries facing severe oil shortages are exploring import options from Russia and negotiating with Iran for passage through the Strait of Hormuz.
UAE and South Korea Become Number One in Crude Oil Supply… Government Urgently Imports 24 Million Barrels
The South Korean government has arranged for an emergency import of 24 million barrels of crude oil from the UAE amidst rising tensions in the Middle East.
Electric vehicles saved 1.7 million barrels per day in 2025
Electric vehicles contributed to a daily savings of 1.7 million barrels of oil in 2025, significantly impacting global oil consumption and imports.
Indonesia plans to buy Russian oil, says Reuters
Indonesia is looking to purchase Russian oil owing to a global fuel crisis and a temporary waiver from the U.S. that allows for the import of sanctioned Russian oil.
“Few Middle East Experts and Overloaded Diplomacy”: What Lies Behind China’s Flop on Iran
China has taken a cautious diplomatic role in Iran, promoting peace while keeping its interventions largely symbolic and focused on the strategic significance of the Strait of Hormuz for its oil imports.
The War in the Middle East: The Consequences of the Clash Reach Tunisia Through Oil Shipments
The conflict in the Middle East impacts Tunisia's energy imports as the country grapples with rising oil prices and dependence on foreign energy supplies.
Cuba has sunk into darkness. Donald Trump says he will take over this country. Russia's reaction
The article discusses Cuba's worsening energy crisis, exacerbated by the US administration's sanctions under Donald Trump and the island's reliance on oil imports, particularly from Venezuela.
Trump calls for Korea's participation in Hormuz escort operations, citing the number of US troops stationed in Korea
President Trump urged South Korea and other allied nations to participate in escort operations for ships passing through the Strait of Hormuz, highlighting their reliance on oil imports from the region.
Amid Druzhba pipeline dispute, EU says it has no plans to return to Russian oil
The EU, as stated by Commissioner Dan Jørgensen, is committed to phasing out Russian oil imports despite the Druzhba pipeline dispute.
All of Cuba without power again, according to the authorities
Cuba is facing nationwide power outages once again, exacerbated by a lack of oil imports due to U.S. sanctions and internal issues within its energy infrastructure.
Experts say that only the United States can increase production: challenges in crude oil procurement from outside the Middle East
The Japanese government has begun releasing oil reserves to ensure a stable supply amid potential disruptions in crude oil imports from the Middle East.
Rationing, rising fuel prices, import restrictions... The war in Iran hits Asia hard
The ongoing war in Iran is causing significant economic strain on Asian countries reliant on oil and gas imports, particularly Japan and South Korea.
US provides exemption... India is buying Russian oil, will it always import? Expert explains strategy
India is resuming its oil imports from Russia, aided by a temporary exemption granted by the US amid ongoing geopolitical tensions.
"Extremely Concerned" - Europe Criticizes Temporary Easing of U.S. Sanctions on Russia
European countries are increasingly cautious and critical of the U.S. decision to temporarily ease sanctions on Russian oil imports amid rising crude prices.
Middle East Crisis Leads United States to Ease Russian Oil Sanctions
The United States has announced a temporary easing of sanctions on Russian oil imports in response to the escalating crisis in the Middle East, drawing criticism from European allies.
A European regulation threatens more than 40% of gas imported by the EU and nearly 90% of oil amid a global energy shock
A new European regulation on methane emissions threatens significantly to affect gas and oil imports amidst a global energy crisis.
East Asian Countries Eye Russian Oil Imports Amid Global Energy Shock
Increasingly, East Asian countries are contemplating the purchase of Russian oil in response to the global energy crisis exacerbated by the conflict in the Middle East.
Key points on the easing of the Russian oil ban: how much oil will reach the market and how will it affect prices?
The U.S. is temporarily lifting its ban on Russian oil imports to alleviate the energy crisis exacerbated by the Middle Eastern conflict, aiming to introduce about 19 million barrels of oil into the market and coordinate the release of 400 million barrels from strategic reserves globally.
Oil surpasses US$ 100 even after the US allows the purchase of Russian oil
Oil prices have exceeded US$ 100 per barrel due to Middle East tensions and global energy supply risks, despite the US temporarily allowing imports of Russian oil.
Why only China has the ‘weapon’ to reduce oil prices
The article discusses how China's continuous oil imports from Iran amidst geopolitical tensions play a crucial role in influencing global oil prices.
'These countries do not want India to produce its own oil and gas, but...' Anil Agarwal makes a big revelation
Anil Agarwal, chairman of Vedanta, emphasizes India's potential to become a major economic power and the need to reduce dependence on oil and gas imports during a recent conference.
Gasoline has two prices in Hungary. Foreigners pay 20% more
In Hungary, foreigners are charged 20% more for gasoline due to a government-imposed price cap and supply issues after a disruption in Russian oil imports.
End of the oil and gas crisis? India’s 20 tankers to pass through the Strait of Hormuz, talks ongoing with Iran
India and Iran are in talks regarding the transit of 20 tankers through the Strait of Hormuz to secure oil imports from Gulf countries.
Temporarily lift the ban on Russian oil purchases
Iceland is considering a temporary lift on its ban on Russian oil imports amidst ongoing discussions about energy needs and sanctions.
India Changes Oil Strategy Amid Hormuz Tension
India has altered its oil supply strategy to enhance security, now sourcing approximately 70% of its crude imports from routes other than the Strait of Hormuz, up from 55%.
Tension over Hormuz, India changes the game! 70% oil from other routes, major plan for CNG
India is significantly altering its energy strategy by sourcing 70% of its crude oil imports from routes other than the Strait of Hormuz due to ongoing tensions in the region.
'There is no crisis for India, now 75% oil is coming from several sources'
India has diversified its energy supply amid the global energy crisis exacerbated by the war.
China Prepares Intensively for Iran's Oil Crisis
China is actively working to reduce its dependence on oil imports, particularly from conflict-prone regions like the Middle East, while simultaneously ramping up internal oil production and stockpiling significant reserves.
Confusion Over Iran Allowing Indian Oil Tankers to Pass Through the Strait of Hormuz
Confusion surrounds whether Iran will permit Indian oil tankers to transit the Strait of Hormuz, crucial for India's oil imports.
War or Blockage... No Crisis for India, Now 75% Oil Coming from Multiple Routes
India has diversified its energy imports significantly, relying less on the Strait of Hormuz amid global energy crises caused by wars.
Rush to Buy Russian Oil! Despite High Prices, India Purchased All the Oil
Following a temporary exemption from the U.S., Indian companies have bought nearly all available Russian crude oil in the market, totaling around 30 million barrels in a single week.
South Africa: 'No Immediate Risk' of Fuel Shortages in South Africa, Most Oil Imports From Nigeria
The South African government assures citizens there is no immediate risk of fuel shortages, despite geopolitical tensions affecting oil prices and domestic refinery closures.
Impact of the LPG Crisis, Inflation has Increased
The ongoing conflict in the Middle East involving the US, Israel, and Iran is causing disruptions in oil and gas imports, leading to rising inflation in India, particularly affecting LPG availability.