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Oil & Gas

Indian OMCs reassess crude sourcing as Strait of Hormuz disruption raises supply concerns

Shalini Sharma

02 Mar 2026

5 min read

Amid Strait of Hormuz disruption and a widening Iran–US–Israel conflict, oil prices have jumped sharply, prompting Indian refiners to recalibrate supply strategies

Energy Watch

Top Stories

Indian OMCs reassess crude sourcing as Strait of Hormuz disruption raises supply concerns

Global leaders endorse India’s clean energy scale as focus shifts to system-wide transition

Cabinet raises Power Grid's equity investment cap from Rs 5,000 cr to Rs 7,500 cr per subsidiary

Can India flex its coal-based thermal power fleet without hurting plant health?

Force majeure halts LNG flows in India; GAIL warns of cuts as ATGL triples industrial gas price

Iran-Israel war: India seeks US cover for Middle East energy cargoes, says source

PM Surya Ghar rooftop solar installations cross 30 lakh households: Pralhad Joshi

Power sector backbone of India’s economy, key to Viksit Bharat 2047: CAG

No state leads across all fronts in India’s electricity transition: Report

MNRE seeks state feedback on draft floating solar potential report, policy framework

ACME Solar arm signs 190 MW hybrid PPA with SECI at Rs 4.72/unit

Solar

PM Surya Ghar rooftop solar installations cross 30 lakh households: Pralhad Joshi

MNRE seeks state feedback on draft floating solar potential report, policy framework

ACME Solar arm signs 190 MW hybrid PPA with SECI at Rs 4.72/unit

Adani commits USD 100 bn to build green powered AI data centres

Wind

INOXGFL Group wins bid for Wind World India’s 600 MW IPP and 4.5 GW O&M businesses

India–UK offshore wind taskforce launched; Joshi calls it a ‘Trustforce’ under Vision 2035

253 MW wind capacity awaits grid connectivity; execution bottlenecks limiting deliveries: Suzlon CEO

Suzlon Energy posts strong Q3 FY26 profit growth as deliveries, revenues and margins improve

Green Hydrogen

India sets historic global record in green hydrogen pricing at Rs 279/kg: Joshi

IEW 2026: India could hit net zero 10–15 years early, but green hydrogen policy must be stable, says Rahul Munjal

NTPC NETRA to set up plasma gasification-based green hydrogen plant at Greater Noida

Joshi drives Toyota Mirai, India’s first hydrogen fuel cell EV, to Parliament

Power

Can India flex its coal-based thermal power fleet without hurting plant health?

Power sector backbone of India’s economy, key to Viksit Bharat 2047: CAG

No state leads across all fronts in India’s electricity transition: Report

Power

Cabinet raises Power Grid's equity investment cap from Rs 5,000 cr to Rs 7,500 cr per subsidiary

Coal

Can India flex its coal-based thermal power fleet without hurting plant health?

India wants to diversify crude oil, coking coal sources; keen on high-quality US supplies : Goyal

CIL’s solar capex jumps 2.33x to Rs 961 crore, surpasses FY26 target

CIL ramps up automated coal sampling, targets 80% silo-based despatches this fiscal

Oil & Gas

Force majeure halts LNG flows in India; GAIL warns of cuts as ATGL triples industrial gas price

Iran-Israel war: India seeks US cover for Middle East energy cargoes, says source

Indian OMCs reassess crude sourcing as Strait of Hormuz disruption raises supply concerns

Energy Transition

Energy transition must be matched by grid transition: Joshi

Budget 2026-27: CCUS emerges as core pillar of India’s decarbonisation strategy

$4-trn climate finance gap, bond markets key to funding long-gestation energy projects: Economic Survey 2026