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June 12, 2026
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Petronet LNG Expects Full Qatar Supply After Middle East Tensions Ease

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India’s leading gas importer, Petronet LNG, has expressed confidence that it will receive its full contracted supply of liquefied natural gas (LNG) from Qatar once geopolitical tensions in the Middle East stabilise. Speaking on Monday, Chief Executive A.K. Singh stated that the company remains optimistic despite recent disruptions. Qatar, India’s largest LNG supplier, is Continue Reading
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India’s Oil Imports Shift as Hormuz Disruption Cuts Middle East Supply

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India’s crude oil imports dropped 13% in March compared to February, as escalating tensions involving the United States, Israel, and Iran disrupted shipments through the critical Strait of Hormuz. According to industry shipping data, the country—one of the world’s largest oil consumers—imported about 4.5 million barrels per day (bpd) during the month. The disruption Continue Reading
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Indian Refiners Settle Iranian Oil Payments in Yuan via ICICI Amid U.S. Waiver Window

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Indian refiners have begun settling payments for rare imports of Iranian crude oil in Chinese yuan through ICICI Bank, leveraging a temporary U.S. sanctions waiver that briefly allowed such transactions. The move follows Washington’s 30-day exemption on sanctions for Russian and Iranian oil purchases at sea, introduced to stabilize global energy prices amid tensions linked Continue Reading

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