India & West Texas Intermediate
23 shared events · Importance 11 · Last updated May 09, 2026
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International
India: India is facing economic challenges due to the West Asia conflict, particularly concerning crude oil and gas supplies, and is working to ensure the safety and well-being of its citizens in the Gulf countries.
West Texas Intermediate: West Texas Intermediate futures climbed due to supply anxieties, with prices potentially reaching well above pre-war levels.
Mar 29, 2026 · 65 articles
International
India: India stands to benefit from the United Arab Emirates's exit from OPEC through accelerated oil-for-rupee trade and more stable energy supplies due to strengthened strategic ties.
West Texas Intermediate: West Texas Intermediate crude prices have seen volatility due to the Iran war and supply constraints, with the United Arab Emirates' departure from OPEC potentially influencing future price dynamics.
Apr 28, 2026 · 222 articles
International
India: India welcomed the ceasefire agreement between the United States and Iran, advocating for de-escalation, dialogue, and diplomacy to ensure lasting peace in West Asia. India also emphasized the importance of unimpeded freedom of navigation through the Strait of Hormuz due to its reliance on global energy supply and trade networks.
West Texas Intermediate: West Texas Intermediate crude prices sank significantly due to the ceasefire and the expected reopening of the Strait of Hormuz.
Apr 07, 2026 · 79 articles
International
India: India's equity markets rallied sharply, benefiting from lower Brent Crude prices due to its dependence on energy imports.
West Texas Intermediate: US West Texas Intermediate for May fell due to expectations that US-Iran peace talks would resume, indicating a positive market reaction to potential de-escalation.
Apr 08, 2026 · 702 articles
International
India: India is facing an acute cooking gas shortage due to the conflict, leading to increased domestic LPG production and efforts to secure alternative imports.
West Texas Intermediate: West Texas Intermediate crude oil prices have increased following the United States' decision to blockade Iranian ports, indicating market anxiety over potential supply shortages.
Apr 08, 2026 · 307 articles
International
India: India is a major importer of fuels from the region, making the closure of the Strait of Hormuz particularly problematic for its economy.
West Texas Intermediate: West Texas Intermediate crude prices have been highly volatile due to the conflict and the Strait of Hormuz blockade, reflecting market uncertainty and supply disruptions.
Apr 11, 2026 · 283 articles
International
India: India is one of the three main source countries for emergency supplies for the United Nations High Commissioner for Refugees, and shipping rates from India have increased by nearly 18%.
West Texas Intermediate: West Texas Intermediate crude was down, reflecting market uncertainty and volatility, even as refiners sought alternative crude supplies, pushing premiums for WTI Midland.
Apr 02, 2026 · 45 articles
International
India: India's Sensex climbed 0.5%.
West Texas Intermediate: Benchmark U.S. crude prices were up 0.4% due to the ongoing Iran war.
May 14, 2026 · 7 articles
International
India: India's Sensex gained, showing positive market movement.
West Texas Intermediate: West Texas Intermediate oil prices fell significantly due to hopes for an end to the Iran war and the reopening of the Strait of Hormuz, briefly dipping below $100 a barrel.
May 03, 2026 · 19 articles
International
India: An LNG tanker managed by Abu Dhabi National Oil Company appeared to be near India after crossing the Strait of Hormuz.
West Texas Intermediate: West Texas Intermediate crude futures rose as a result of the ongoing conflict and the uncertainty surrounding oil supplies.
Apr 27, 2026 · 39 articles
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