The war in Iran has once again exposed how vulnerable the world’s energy markets are to geopolitical disruption. In wild swings, benchmark crude oil prices spiked as high as US$120 per barrel, roughly 50% higher than before the conflict, before sliding below $100. Energy price surges hit households»»»

NEW DELHI: After delivering back-to-back innovations in fuel grades, Indian Oil Corporation (IOC) has now set sight on the Grand Prix and will in next three months start producing fuel used in adrenaline-pumping Formula One or F1, motor racing. The firm's refinery at Paradip in Odisha will in three»»»

Indian Oil Corporation (IOC) plans to produce fuel for Formula One (F1) racing, becoming the first Indian company to do so. IOC aims to supply F1 teams with certified F1 fuel, competing with global majors like Shell. After delivering back-to-back innovations in fuel grades, Indian Oil Corporation (»»»

IndianOil set to join high table of F1 fuel producers The firm's refinery at Paradip in Odisha will in three months produce the petrol used in F1 car racing, its chairman Shrikant Madhav Vaidya said. HT Image IOC, the country's largest oil firm controlling roughly 40 per cent of fuel market share, »»»