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Friday13 Mar 2026

Economy

India Diversifies Crude Oil Imports to About 40 Countries amid Strait of Hormuz Disruption

With shipping through the Strait of Hormuz disrupted by the Iran-Israel conflict, India is diversifying its energy basket and now sources crude oil from about 40 countries. Around 60% of India's crude imports arrive thro...

1 min read

Tuesday10 Mar 2026

Economy

Centre invokes Essential Commodities Act, 1955 to secure LPG supply amid global energy crisis

In March 2026 the Union government invoked the Essential Commodities Act, 1955 to keep Liquefied Petroleum Gas (LPG) adequately available during a global energy crisis. On 5 March 2026, oil refining companies were direct...

1 min read