India & American Petroleum Institute
9 shared events · Importance 3 · Last updated May 18, 2026
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International
India: India, as the world's third-largest oil importer, is highly exposed to the Iran war's economic fallout, facing mounting costs, supply disruptions for oil and fertilizer, and pressure on its economic growth and government finances.
American Petroleum Institute: The American Petroleum Institute's chief economist noted that India's constrained LPG supply is adding pressure to an already tight United States — California gasoline market due to reduced alkylate exports.
May 05, 2026 · 374 articles
International
India: India secured a lower 10% tariff after amending its foreign trade policy to ban forced labor imports, a diplomatic win.
American Petroleum Institute: API asked USTR to drop duties on industrial inputs critical to the oil and gas industry.
Apr 20, 2026 · 318 articles
International
India: India's vessel was sunk, but all crew were rescued; India condemned the attack and called for safe navigation, facing potential impacts on its shipping interests.
American Petroleum Institute: API data showed a rise in U.S. crude inventories, which could offset some supply concerns.
Aug 05, 2026 · 31 articles
International
India: Country affected by shipping disruptions, with a ship sunk in the Red Sea, but not directly involved in Hormuz.
American Petroleum Institute: Provides industry inventory data that moves markets.
Mar 09, 2018 · 316 articles
International
India: India>>> reported that three seafarers from a vessel fired upon by the United States>>> in the Gulf of Oman, which was carrying oil from Iran>>>, had died.
American Petroleum Institute: The American Petroleum Institute>>> released data showing a significant fall in US crude oil inventories, contributing to concerns about supply.
Apr 20, 2026 · 607 articles
International
India: India hosted the BRICS foreign ministers' meeting where Abbas Araghchi made his statements regarding the peace talks and the Strait of Hormuz.
American Petroleum Institute: The American Petroleum Institute provided figures on US crude oil, gasoline, and distillate inventories.
Apr 26, 2026 · 590 articles
International
India: India is among the countries facing potential 12.5% import taxes from the US due to an investigation into alleged forced labor, which could impact its trade relations.
American Petroleum Institute: The American Petroleum Institute reported a seventh straight week of falling US crude oil inventories, contributing to the bullish sentiment in the oil market. Its data provides key insights into US oil stockpiles.
Jun 03, 2026 · 97 articles
International
American Petroleum Institute: The American Petroleum Institute reported that US crude oil inventories jumped for the third straight week.
Apr 11, 2026 · 300 articles
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