Indian Development News ๐ฎ๐ณ
๐ฏ๐ต Japan will release 139.5 Million bpd of #Oil from it's 30 days of it's Government owned SPR & 15 days of Private Companies Reserve from 16 March 2026. This is mostly for Domestic Consumption but will help in stabilizing the International Oil Market as wellโฆ
๐ฉ๐ช Germany will release 19.5 Million bpd of #Oil from it's Strategic Reserve. That's roughly 9.5 days of Oil Consumption of Germany
#Energy #InternationalNews
#Energy #InternationalNews
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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'
'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
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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๐ด๐ฒ โก 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 (2000โ2026)
We just finished paying off a โน3.23 lakh crore "credit card bill" for petrol consumed ~15 years ago.
What happened?
When global crude spiked (esp. 2005โ2009), 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:
๐นPrincipal issued (mainly 2005โ09): โน1.53 lakh crore
๐นInterest rates: 7โ8.4%
๐นTotal repayment by 2026 (principal + interest): โน3.24 lakh crore
โ Extra โน1.7 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 2000โ2026, with final repayments hitting in 2026.
#Oil #Energy #Economy #Policy
We just finished paying off a โน3.23 lakh crore "credit card bill" for petrol consumed ~15 years ago.
What happened?
When global crude spiked (esp. 2005โ2009), 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:
๐นPrincipal issued (mainly 2005โ09): โน1.53 lakh crore
๐นInterest rates: 7โ8.4%
๐นTotal repayment by 2026 (principal + interest): โน3.24 lakh crore
โ Extra โน1.7 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 2000โ2026, with final repayments hitting in 2026.
#Oil #Energy #Economy #Policy
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India snapped up ~30M barrels of Russian crude. IOC and Reliance Industries led purchases, redirecting stranded cargoes to stabilise supply and cool global #oil price spikes.
https://t.co/4WqEA6J2GC
https://t.co/4WqEA6J2GC
The Economic Times
India buys 30 million barrels of Russian oil after US waiver
India's oil refiners have secured around 30 million barrels of Russian crude. This move follows a US waiver, allowing purchases to address Middle Eastern supply shortages. Major companies like Indian Oil and Reliance Industries have bought these barrels.โฆ
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Indian Development News ๐ฎ๐ณ
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
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.
#Petroleum
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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Government of India welcomes IEA decision to release emergency oil stocks amid prevailing supply disruptions
#Geopolitics
#Geopolitics
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Dozens of posts criticising, mocking PM Modi and UGC act taken down under Sec 69A of IT Act
https://www.thehindu.com/news/national/criticism-satire-of-pm-ugc-regulations-target-of-government-takedowns-on-x-instagram/article70727083.ece
https://www.thehindu.com/news/national/criticism-satire-of-pm-ugc-regulations-target-of-government-takedowns-on-x-instagram/article70727083.ece
The Hindu
Criticism, satire of PM, UGC regulations target of government takedowns on X, Instagram
Government takedowns on social media target criticism and satire of PM Modi amid rising content removal in India.
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As the Government of India invoked the Essential Commodities Act, 1955
India's Domestic LPG Production has risen from 40% to 51% ; which comes from diverting all Propane & Butane Gas for LPG and stopping the production of Plastics and other Petro chemicals Products.
#Policy #Energy
India's Domestic LPG Production has risen from 40% to 51% ; which comes from diverting all Propane & Butane Gas for LPG and stopping the production of Plastics and other Petro chemicals Products.
#Policy #Energy
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Allahabad High Court asks the Centre to produce records on Rahul Gandhiโs alleged British Citizenship; directs Home Ministry to place the entire case file before the bench. #MHA
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PM Modi on West Asia War
"It has impacted whole world's energy supply chain"
"We believe in ideology of India first"
"No need to panic, or pay attention to rumors"
"Confident, as a nation we will navigate every situation"
"It has impacted whole world's energy supply chain"
"We believe in ideology of India first"
"No need to panic, or pay attention to rumors"
"Confident, as a nation we will navigate every situation"
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๐ฒ๐ฝMexico's deadliest cartel shifted their production from China ๐จ๐ณ to India ๐ฎ๐ณ.
El Mencho's death didn't stop production supply.
#Geopolitics #Narco #Terror
El Mencho's death didn't stop production supply.
#Geopolitics #Narco #Terror
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Indiaโs energy demand is increasing faster than anywhere else in the world. As an energy superpower, Canada is well-positioned to seize this opportunity
โ Canada PM Mark Carney
#Geopolitics
โ Canada PM Mark Carney
#Geopolitics
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Indian Development News ๐ฎ๐ณ
Thai Flagged Cargo Ship coming from UAE to India hit in Strait of Hormuz
Statement by MEA on India bound Thai ship attacked by Iran at the Hormuz Strait.
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