Energy resources, and particularly oil, have become a major factor in the strategic debate all over the world. In this context, an oil policy for India assumes crucial significance, especially...
The petrodollar system that came into existence in the 1970s has come under stress, with oil being traded increasingly in non-US denominated currencies.
The prevailing environment has underlined the importance of a balanced market to the oil producers. India has been consistently reiterating the need for oil to be priced responsibly to ensure...
The September 14 strikes targeting Saudi oil refineries demonstrated an exceptional level of mission accomplishment that is possible with drones today. In the coming times, drones are likely to get...
While there is no immediate shortage of oil as the market is balanced for the time being, there are growing concerns about potential conflict in the region leading to supply...
As concerns over a potential conflict in the region grow, the pressing issue of what a conflict would mean for the price of international crude oil needs to be addressed...
A strategic petroleum reserve offers India the leverage to be a serious player in the international oil market, as it will have the option to release supplies when prices spike...