United Arab Emirates & Indian Oil Corporation
13 shared events · Importance 4 · Last updated Jun 03, 2026
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Domestic
United Arab Emirates: The United Arab Emirates experienced a petrol price increase of about 52%, indicating a substantial pass-through of crude costs to consumers.
Indian Oil Corporation: Indian Oil Corporation>>>, a state-owned fuel retailer, has increased fuel prices to recoup losses driven by higher crude costs due to geopolitical tensions. Its shares rose after the price hikes.
May 19, 2026 · 125 articles
Regulatory
United Arab Emirates: The UAE is a significant LPG supplier; reduced Indian imports could impact its export revenues.
Indian Oil Corporation: As a public-sector OMC, IOC is involved in LPG distribution and CGD, and may see shifts in its business mix.
Aug 23, 2026 · 8 articles
International
United Arab Emirates: UAE faces economic contraction due to reliance on Strait of Hormuz.
Indian Oil Corporation: Indian Oil Corporation, along with other state refiners, plans to reduce Middle East oil reliance and diversify supply sources.
Apr 20, 2026 · 709 articles
International
United Arab Emirates: The UAE is India's second-largest crude supplier, raising production and shipments via tankers outside the Strait of Hormuz, benefiting from regional disruptions.
Indian Oil Corporation: Indian Oil's Vadinar SMPL terminal saw a 35% increase in Russian crude imports, contributing to India's record intake and benefiting from discounted supplies.
Aug 03, 2026 · 8 articles
International
United Arab Emirates: The UAE has been targeted by Iranian missiles and its tankers attacked, impacting its shipping and energy interests.
Indian Oil Corporation: Indian Oil has secured crude supplies, mitigating impact of disruptions.
Aug 02, 2026 · 162 articles
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