What do rising crude oil prices spell for India’s GDP growth, inflation, current account deficit, rupee, and fiscal deficit? Economists say that the answer lies in the length of the war.

U.S. has given India a waiver to buy Russian oil for 30 days as conflict in Middle East impacts global energy supply.

After dominating India’s crude imports since 2023, Russian supplies slowed amid US sanctions, but a 30-day ‘waiver’ amid West Asia tensions could now push flows back towards 2 mbpd.

NEW DELHI, March 12 (Reuters) - India's sourcing of non-Hormuz crude has increased to 70% of its total imports and the country's current crude supply position is secure, Oil Minister Hardeep Singh Puri told parliament on Thursday.

The maritime security arrangement was the focal point of a discussion between the two leaders late on March 10, marking their third high-level conversation since the outbreak of the Iran war. During the call,

On any given morning in India, a quiet choreography of energy unfolds. In a Delhi kitchen, a blue LPG flame hisses beneath a pressure cooker. Hundreds.

India's inflation for February is within central bank's comfort level range but policy action is unlikely due to rising global energy prices