Welcome to the latest edition of Energy Edits!
The Strait of Hormuz remained largely blocked, as shipowners try to understand if they can safely transit the vital waterway following a fragile ceasefire between the US and Iran that was announced overnight.
India achieved a landmark nuclear milestone, when the indigenously designed Prototype Fast Breeder Reactor (PFBR) at Kalpakkam, Tamil Nadu, attained its first criticality, marking India’s formal entry into the second stage of its three-stage nuclear power programme, aimed at achieving energy self-reliance using vast domestic thorium reserves.
Let us conenct the dots!
Fortnight that was:
Iran on Wednesday blamed Israel for jeopardising the fragile ceasefire in the region between the US and Iran to halt the hostilities for two weeks, warning that continued attacks on Lebanon by Israeli forces could lead to the collapse of the agreement and renewed tensions in the Strait of Hormuz, as reported by Iranian State Media Press TV.
Japan is considering about 20 days’ worth of oil reserves for a planned additional release as early as in May. Media reports
Abu Dhabi National Oil Company says that around 230 ships are loaded with oil and ready to sail, but adds that the ‘Strait of Hormuz is not open’.
Indian fuel retailers are buying diesel from refiners at discounted rates to shield customers from any price hike, an industry source said on Thursday. The new pricing formula is based on India’s crude import price, the source told reporters. Reuters
Trending topics:
Union Oil Minister H S Puri on 2-day visit to Qatar. Rishi Ranjan Kala
Indian fuel retailers buy discounted diesel to avoid price hikes. Reuters
India’s first fast breeder reactor goes critical after 15-year delay. M Ramesh
Pakistan’s successful brokering of a two-week ceasefire in the West Asia war has overnight affirmed its centrality in global diplomacy, sparking a range of reactions in India. Amiti Sen
Indian standalone refiners face the challenge of margin compression caused by the sudden re-introduction of export duties. Richa Mishra & Janaki Krishnan
Ahead of its scheduled inauguration by Prime Minister Narendra Modi on April 21, Cabinet Committee on Economic Affairs (CCEA) has approved escalated cost of around ₹73000 crore and additional equity infusion of around ₹9000 crore by HPCL for HPCL Rajasthan Refinery Limited (HRRL). Businessline Bureau
India’s Power sector may consume up to 850 mt in FY27; sufficient coal stocks available. Rishi Ranjan Kala
No LPG shortage in country, vessels continuously coming to India via Hormuz: Petroleum Secretary Neeraj Mittal
Expert insights:
How fast breeder reactors can give India energy security. M Ramesh
BL Explainer: How excise duty cuts support OMCs, leave consumers high and dry. Richa Mishra
PNG versus LPG explained: Why is the government trying to shift consumers to piped gas. Richa Mishra
Podcasts:
How global conflicts are threatening India’s maritime trade and energy security. Time to create our own Desi Fleets! In this Energonomics Podcast | EP 15, Richa Mishra and T E Raja Simhan discuss the way forward.
https://www.thehindubusinessline.com/multimedia/audio/how-global-conflicts-are-threatening-indias-maritime-trade-and-energy-security/article70843543.ece
Stay tuned in!
Follow us for the latest updates, news, and insights on the energy sector!
Published on April 9, 2026