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Indian Refiners Look To Diversify Crude Sourcing

The Morning Standard

|

August 01, 2025

As US President Donald Trump on Wednesday announced a 25% reciprocal tariff on the import of Indian goods, domestic oil marketing companies (OMCs) say they are awaiting the outcome of ongoing bilateral trade talks with the US, which could lead to lower tariffs.

- Rakesh Kumar @ New Delhi

Indian Refiners Look To Diversify Crude Sourcing

The oil refiners have said they have sufficient supply and can diversify their crude purchases upon receiving directives from the government. According to the officials, the companies are currently in a "wait and watch" mode, hoping that the trade talks will conclude favorably and that high tariffs may be reduced.

The Morning Standard से और कहानियाँ

The Morning Standard

Mehli Mistry snaps last ties with the Tatas

MEHLI Mistry on Monday stepped down as the chairman of Mumbai-based Small Animal Hospital, founded by Ratan Tata and operated by Tata Trusts after he resigned from the trusts on November 4.

time to read

1 min

December 02, 2025

The Morning Standard

Concrete Murmurs

\"THE Lodhi era tomb comes first into view. Wedged between scooters, overhead wires and a paying guest house entrance in Katwaria Sarai, it feels like the people are now the ones out of place, not the centuries old monument.

time to read

2 mins

December 02, 2025

The Morning Standard

The Morning Standard

Yamuna still dirty despite crores spent: Centre tells House

THE Jal Shakti ministry on Monday said untreated sewage, missing effluent treatment facilities, project delays and a major shortfall in solid waste processing remain the primary reasons the Yamuna continues to run polluted in the national capital. It also disclosed that the Delhi Jal Board spent about 5,536 crore over the past three financial years on efforts to clean the river.

time to read

1 min

December 02, 2025

The Morning Standard

Farmers alone can't be blamed for pollution: SC

THE Supreme Court on Monday expressed doubts about whether stubble burning by farmers can really be treated as the sole cause of the worsening air pollution in Delhi-NCR.

time to read

1 min

December 02, 2025

The Morning Standard

SC orders pan-India CBI probe on digital arrest

THE Supreme Court on Monday asked the Central Bureau of Investigation (CBI) to conduct a detailed, unified pan-India probe into cases of digital arrest, expressing concern over the rise in the number of such cases.

time to read

1 min

December 02, 2025

The Morning Standard

The Morning Standard

SIR rumble rocks Lok Sabha

Oppn stages walkout in Rajya Sabha; Minister Rijiju seeks time to take call on the matter

time to read

2 mins

December 02, 2025

The Morning Standard

The Morning Standard

GOING AFTER CYBER CRIME STATE-OWNED APP MANDATED ON YOUR PHONE

THE Department of Telecommunications (DoT) has issued a new direction effective November 28, mandating all mobile phone manufacturers and importers to pre-install state-owned fraud reporting app — Sanchar Saathi — on devices used in India. The implementation must be completed within 90 days and a compliance report filed in 120 days.

time to read

1 mins

December 02, 2025

The Morning Standard

The Morning Standard

Unhappy with waste-processing firms, MCD opts for retendering

Civic body set to choose new operators for Okhla, Bhalswa landfill sites in the next month

time to read

2 mins

December 02, 2025

The Morning Standard

Uproar after more than ‘21L dead voters in Bengal rolls identified’

EC sources say pressure on several BLOs to delay upload of the enumeration forms

time to read

1 mins

December 02, 2025

The Morning Standard

Nod to Pakistan aircraft carrying aid to Sri Lanka

INDIA has permitted a Pakistan aircraft carrying humanitarian aid for the cyclone victims in Sri Lanka to use its airspace.

time to read

1 min

December 02, 2025

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