Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
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LPG supply shut in Delhi High Court, canteen to only serve cold snacks #Policy
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Country Ready for any Unprecedented Demand for Coal : Government of India

This year the coal production and supply continue to be higher than consumption, resulting in record high coal stocks at thermal power plants and coal mines. Further, the supply to the Non-Regulated Sector has been higher than the previous year by almost 14%

#Energy
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Thai Flagged Cargo Ship coming from UAE to India hit in Strait of Hormuz
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๐Ÿ‡ฎ๐Ÿ‡ท Iran pulls out of FIFA WC 2026 to be hosted by US,Canada & Mexico #Sports
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Ship transit from Strait of Hormuz almost Nil #InternationalNews
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EAM S. Jaishankar spoke with his counterpart from Iran,EU,France & Russia on West Asia War #ForeignAffairs
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
Saudi ๐Ÿ‡ธ๐Ÿ‡ฆ is pushing for maximum output of 7 Million bpd of Crude #Oil Export through it's Petroline Pipeline. Before the Conflict the Pipeline was transporting 2.8 million mbpd, with just 0.8 mbpd meant for Exports. Although 2 Million bpd is reserved forโ€ฆ
UAE is giving priority to India on Crude #Oil Exports through the ADCOP Pipeline due to the Strategic Partnership signed in 2018

Where India Allows UAE to store Oil in India's Strategic Petroleum Reserve.

#Policy #Energy
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
๐Ÿ‡ฆ๐Ÿ‡ช The largest oil refinery in the UAE in Ruwais stopped its operations after a drone attack The refinery's capacity is 922,000 barrels per day, making it the 4th largest in the in the world. #Energy
๐Ÿ‡ฆ๐Ÿ‡ช Old Ruwais #Oil Refinery in the UAE attack by Iran today with confirmed Impacts.

Yesterday the Bigger New Ruwais Oil Refinery was hit
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Iran's Military

'We will not allow even a single liter of #Oil to pass through the Strait of Hormuz to benefit America and its Allies'
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Good decision by UK to remove this war criminal from history. #InternationalNews #Reforms
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International Energy Agency agrees to release 400 million barrels of #Oil to address Supply Chain Disruption.

This will be biggest release in IEA history surpassing 182 million barrels of Oil released just after Ukraine War

#InternationalNews
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Government sends notice to Telegram to remove pirated content from 3,142 channels. #Policy
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๐Ÿ‡ด๐Ÿ‡ฒ โšก Omani port of Salalah after drones targeted oil storage tanks.
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India's Oil Bonds: Crude Prices, Retail Fuel, and Debt Repayment (2000โ€“2026)

We just finished paying off a โ‚น3.23 lakh crore "credit card bill" for petrol consumed ~15 years ago.

What happened?

When global crude spiked (esp. 2005โ€“2009), govt capped retail petrol/diesel prices to avoid voter backlash. Oil companies bore the under-recovery losses.

Instead of cash payouts (which would've spiked fiscal deficit), govt issued Oil Bonds โ€” IOUs promising repayment + interest years later.

Scale:
๐Ÿ”นPrincipal issued (mainly 2005โ€“09): โ‚น1.53 lakh crore
๐Ÿ”นInterest rates: 7โ€“8.4%
๐Ÿ”นTotal repayment by 2026 (principal + interest): โ‚น3.24 lakh crore
โ†’ Extra โ‚น1.7 lakh crore just in interest.

Issuance stopped after 2010 when petrol deregulation began (UPA), continued under NDA to end the cycle.

The chart shows crude prices, Delhi petrol rates, bond issuances, and maturities from 2000โ€“2026, with final repayments hitting in 2026.

#Oil #Energy #Economy #Policy
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
International Energy Agency agrees to release 400 million barrels of #Oil to address Supply Chain Disruption. This will be biggest release in IEA history surpassing 182 million barrels of Oil released just after Ukraine War #InternationalNews
This ensure a minimum 20 Days Buffer to the World as 20% of Oil Exports from Strait of Hormuz is currently cut-off from the Market.

Daily Global Oil Consumption is around 100-105 million bpd.

#InternationalNews
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Indian Govt's detailed statement measures for taken on energy, shipping & diaspora front amid the West Asia war.

70% of India's Crude Imports Now Routed Outside Strait of Hormuz; Energy Supplies Remain Secure.

India imports about 60 percent of its LPG consumption and out of these imports about 90 percent come through the Strait of Hormuz, which has been impacted due to current happenings.

Domestic LPG Production increases by 25% Following Government measures.


#Petroleum
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