India petroleum imports

Is Iran Imposing Tolls on Indian Ships in Strait of Hormuz? Govt Issues Clarification

News Desk2 days ago2 days ago03 mins

India has officially dismissed speculation that Iran is imposing tolls on Indian ships transiting the Strait of Hormuz. The Ministry of External Affairs (MEA) clarified that no such charges have been levied, and no discussions have taken place with Tehran regarding tolls on Indian-flagged or operated vessels. The clarification comes amid heightened tensions in West…

India’s Russian Crude Imports Jump 90% in March as Hormuz Block Reshapes Oil Basket: Report

News Desk2 days ago2 days ago03 mins

India’s energy landscape witnessed a dramatic shift in March 2026 as Russian crude oil imports surged by 90%, reshaping the country’s oil basket amid disruptions in the Strait of Hormuz. The blockade of this critical maritime chokepoint has forced India to diversify its energy sources, with Russia emerging as a major supplier. This development underscores…