Russian oil inflows to India rise 50% as Middle East conflict stalls Hormuz shipments

India’s purchases of Russian crude have surged about 50% in March as refiners move to secure alternative supplies amid disruptions to shipments from the Middle East due to the widening military conflict. Ship-tracking data showed imports rising to around 1.5 million barrels per day this month from 1.04 million bpd in February. India–the world’s third-largest…

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Energy shock response gathers pace as IEA agrees record 400 million-barrel oil release amid US-Iran war

A coordinated global effort to stabilise volatile energy markets gathered pace on Wednesday after the International Energy Agency (IEA) agreed to release the largest volume of emergency oil reserves in its history amid escalating tensions in the Middle East.According to an AP report, the Paris-based agency will make 400 million barrels available from members’ strategic…

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Govt says crude oil supplies secure, LPG distribution prioritised for households

The government on Wednesday said India’s crude oil supplies remain secure and urged consumers not to panic over LPG availability, noting that steps have been taken to ensure fair distribution amid geopolitical disruptions.Sujata Sharma, Joint Secretary (Marketing & Oil Refinery) in the Ministry of Petroleum and Natural Gas, said domestic LPG supplies are currently being…

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Stock market today (March 11, 2026): Which are the top gainers and losers in Nifty50 and BSE Sensex? Check list

Benchmark equity indices Sensex and Nifty ended nearly 2 per cent lower on Wednesday after a brief respite in the previous session, as a fresh surge in crude oil prices amid escalating tensions in West Asia weighed on investor sentiment. Continued foreign fund outflows and selling pressure in blue-chip banking stocks also pulled markets down,…

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