October 4, 2026 5:18 PM

Iran says Strait of Hormuz will not reopen until conditions are met

The Strait of Hormuz will not reopen until seven Iranian conditions set out in a June interim agreement with the US are met, state media reported Iran's parliament speaker Mohammad Baqer Qalibaf as saying on Sunday. Iran presented a proposal during the UN General Assembly under which the Strait of Hormuz waterway could be reopened and normal maritime passage restored within seven days if the conditions were met, with the US replying to this proposal last week via Qatari intermediaries. "The po...

October 4, 2026 5:06 PM

Iraq says it transported 2 million barrels of crude through Strait of Hormuz

Iraq's state-owned Oil Tanker Company transported 2 million barrels of Iraqi crude aboard a very large crude carrier (VLCC) through the Strait of Hormuz, in what its director general described on Saturday as the company's first such operation in decades. The announcement means the company is transporting the crude through the strait rather than delivering it at the port of Basra, giving state oil marketer SOMO greater flexibility in how and where it sells the crude. The company's director gene...

September 6, 2026 9:36 AM

US Strikes three Iranian Oil Tankers, including one near Kharg Island

US forces have said that they struck three Iranian crude oil tankers after IRGC launched ballistic missiles at two US Navy warships in regional waters. A statement by US CENTCOM said they disabled tanker Downy near Kharg Island, tanker Stark 1 near Jask and destroyed unladen tanker Kylo (also known as the Noxen), in the Gulf of Oman after directing its crew to abandon ship. The CENTCOM called the three Iranian crude oil tankers a part of a shadow network that funds the IRGC and its regional prox...

July 24, 2026 4:12 PM

Government rules out immediate move beyond E20, reaffirms safety and benefits of ethanol-blended petrol

The government on Thursday clarified that it has taken no decision to increase ethanol blending in petrol beyond 20 per cent, while reaffirming that E20 fuel is scientifically validated, safe for vehicles and has delivered substantial economic, environmental and energy security benefits. In a written reply in the Lok Sabha, Minister of State for Petroleum and Natural Gas Suresh Gopi said any future decision on introducing higher ethanol blends would be taken only after detailed scientific and t...

June 29, 2026 11:00 PM

Government Withdraws Temporary Curbs on Petrol, Diesel Sales from July 1

The Ministry of Petroleum and Natural Gas has withdrawn the temporary regulatory measures governing the sale and distribution of petrol (Motor Spirit) and high-speed diesel (HSD) through retail outlets of Public Sector Oil Marketing Companies. The decision will come into effect from July 1, 2026. The restrictions were introduced on June 12 following disruptions in global energy supplies arising from the West Asia crisis. During that period, the government maintained stable retail prices of petr...

June 24, 2026 2:54 PM

Government debunks misinformation on ethanol-blended petrol, says E20 fuel is safe and scientifically validated

The Centre has dismissed a series of misleading claims circulating on social media regarding ethanol-blended petrol, asserting that the Ethanol Blending Programme (EBP) is scientifically validated, rigorously tested and continuously monitored to ensure consumer safety and vehicle compatibility. The Ministry of Petroleum and Natural Gas on Tuesday said that certain individuals were spreading unsubstantiated claims and recirculating old images and videos to create unnecessary alarm among the publ...

June 12, 2026 5:13 PM

Government restricts bulk sale of petrol, diesel at retail outlets for 90 days to curb hoarding, black marketing

The Centre has imposed temporary restrictions on the bulk sale of diesel through retail fuel outlets to curb black marketing, hoarding and the diversion of subsidised fuel, amid rising demand pressures and disruptions in global energy markets. The Ministry of Petroleum and Natural Gas (MoPNG) on Thursday notified the Motor Spirit and High-Speed Diesel (Temporary Regulation of Supply through Retail Outlets) Order, 2026, which will remain in force for an initial period of 90 days. The order aims ...

May 18, 2026 7:05 PM

Fuel supplies remain stable, over 3,200 Indian seafarers repatriated amid West Asia crisis

The Centre on Monday said that fuel supplies across the country remain stable despite the evolving crisis in West Asia, with more than 1.72 crore LPG cylinders delivered in the last four days and over 3,217 Indian seafarers safely repatriated from the Gulf region so far. At an inter-ministerial media briefing held at the National Media Centre in New Delhi, officials from the Ministries of Petroleum and Natural Gas, Ports, Shipping and Waterways, External Affairs, and Chemicals and Fertilizers o...

April 30, 2026 7:26 PM

All Indian seafarers safe, no incidents reported in past 24 hours; Govt assures stable fuel, fertiliser supply

The Centre on Thursday said all Indian seafarers in the West Asia region are safe and no incident involving Indian-flagged vessels has been reported in the past 24 hours, even as authorities continue to closely monitor the evolving geopolitical situation. At an inter-ministerial media briefing held at the National Media Centre, officials highlighted that ensuring the safety of Indian nationals and maintaining stability in critical sectors remain top priorities amid ongoing tensions in West Asia...

April 29, 2026 6:34 PM

Over 50.8 lakh LPG cylinders delivered in 24 hours as Government assures fuel stability amid West Asia crisis

Amid the evolving situation in West Asia, the Centre on Wednesday said more than 50.8 lakh domestic LPG cylinders and over 73,000 5-kg Free Trade LPG (FTL) cylinders were delivered in the last 24 hours, underscoring efforts to maintain uninterrupted energy supply and prevent panic buying. At an inter-ministerial media briefing held at the National Media Centre, officials from the Ministries of Petroleum and Natural Gas, External Affairs, and Ports, Shipping and Waterways outlined coordinated me...