Oil prices tumbled over 5% on Monday, falling below the $100 per barrel mark, buoyed by…
Tag: oil supply crisis
Windfall gains tax cut: Excise duty on diesel exports down to Rs 23/litre, ATF exports to Rs 33/litre
The windfall tax was introduced to ensure that adequate domestic supplies of petroleum products remain available.…
Strait of Hormuz blockade: India, China’s alternate oil supply cushion fades as Russian crude on water runs low
India faces greater exposure. It depends heavily on the Gulf region not just for crude oil…
A passage through Hormuz: US and Iran signal end to crisis
TOI correspondent from Washington: The Hormuz horror that was choking energy supplies to much of the…