The change to India’s oil-buying strategy would mark one of the biggest shifts in years, and will require balancing energy security needs while keeping crude-purchasing costs in check

Every major crisis India has faced in recent years, from devastating floods and the Covid-19 pandemic to the latest conflict in Middle East that disrupted global oil markets, has…

The average price of the Indian basket of crude fell to $68.86 a barrel, down more than 56% from a peak of $157.04 on March 23 after the outbreak of the war. | India News

India's crude imports recover as refiners diversify sources amid Gulf disruptions, reducing reliance on West Asian supplies, says HSBC.

India is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming to prevent supply disruptions like those…