Crude Oil Prices
Lockdown Rumours Completely False, India Holds 60-Day Crude Reserve, Zero Fuel Shortage: Hardeep Puri
Union Petroleum Minister dismisses hoarding panic, confirms ramped-up LPG production to 54,000 tonnes daily, and states high crude prices are causing OMC losses but supply remains uninterrupted.
US-Iran War Impact: ADB Warns India May Face Inflation Shock Soon
ADB says prolonged Middle East tensions could push crude oil prices higher, reduce India’s GDP growth, and sharply increase inflation in the coming financial year.
RBI Holds Rates Steady as West Asia Tensions Trigger Inflation Concerns
Minutes from the Reserve Bank of India’s April policy meeting reveal growing worries over rising crude oil prices, supply disruptions, and geopolitical tensions in West Asia, prompting policymakers to maintain a cautious stance despite strong domestic demand.
Escalating Iran-Israel Tensions May Drive Future FD Rate Hikes
As the RBI MPC meeting begins, escalating Middle East tensions and rising crude oil prices fuel inflation fears. While analysts expect a status quo, persistent geopolitical instability may soon force the central bank to hike repo rates and bank FD interest.
No Fuel Crisis: Government Assures Steady Petrol, Diesel, and LPG Supply Amid West Asia Tensions
India’s Petroleum Ministry confirms ample fuel reserves and stable retail prices despite global volatility. With refineries at peak capacity and 90% secure LPG deliveries, citizens are urged to ignore rumors, avoid panic buying, and embrace digital booking for energy security.
No Payment Hurdles for Iranian Oil, Supply Fully Secured: Govt Dismisses Rerouting Rumours
India Iran Oil Imports: Is India facing hurdles with Iranian oil? The Ministry of Petroleum clears the air on the Ping Shun tanker diversion and payment rumors. Learn how Indian refiners are utilizing the 30-day US sanctions waiver to secure crude oil imports and maintain a steady energy supply
RBI MPC Faces High-Stakes Balancing Act Amid Surging Oil Prices and Geopolitical Tensions
RBI Monetary Policy April 2026: As the MPC convenes for the first review of FY27, all eyes are on Governor Sanjay Malhotra. With Brent crude soaring 48% and geopolitical tensions rising, find out if the RBI will hold the repo rate at 5.25% or take aggressive action to curb mounting
