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MIDDLE EAST ENERGY SUPPLIES
16 Indians, including 10 seafarers, killed in Middle East conflict: GovtSixteen Indian nationals, including ten seafarers, have died in the Middle East conflict this year. Seventy-five Indians sustained injuries...
Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
Global Market: European shares muted as Middle East tensions, Fed uncertainty offset strong earningsEuropean shares traded in a tight range as investors balanced rising geopolitical tensions in the Middle East and uncertainty over the U.S....
Shell's Q2 profit more than doubles to $9.8 billion, beats estimatesShell reported a significant profit increase in the second quarter, reaching $9.84 billion. Higher energy prices and market volatility cont...
France's Schneider Electric raises 2026 guidance on data-centre demandSchneider, once known primarily for industrial components like fuses and circuit breakers, now builds the backbone of data centres, suppl...
Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
China holds talks with Houthis to allow tankers via Red SeaChina was among the first countries to contact the Houthis directly about transits through Bab el-Mandeb, the strait at the southern end of...
Brent crude jumps 7%, climbs over $90 on escalating Middle East strikesOil prices surged significantly amid renewed Middle East airstrikes and supply concerns. U.S. crude inventories dropped to a multi-year low...
Global Market Today: Oil jumps on renewed Middle East tension, US stock futures dipCrude oil prices surged and US equity futures declined following renewed Middle East conflict. American crude oil jumped nearly five percen...
India plans up to quarter of 2027 LPG imports from US, sources sayIndia plans to buy a quarter of its LPG imports from the United States in 2027. This move aims to reduce Middle East reliance and support t...
Trump says US isn't involved in Houthis-Saudi Arabia conflict, but it 'may' step inPresident Trump stated the United States is not currently involved in the Saudi-Houthi conflict. He mentioned ongoing negotiations with Sau...
US energy cushion faces new stress test as Middle East risks rise againAs Middle East tensions rise, America’s energy market stability is put to the test. Record levels of electricity demand and heavy data-cent...
Why the coming winter is going to be a long, cold one for EuropeEurope will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...
Global Market Today: Oil falls, Asian stocks rise as Iran tensions easeGlobal markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treas...
Global market: Euro zone bond yields ease after multi-year highs as oil retreats below $100Euro zone government bond yields decreased slightly on Friday. This followed a pullback in oil prices and ongoing inflation concerns. Inves...
Asia going to sweat a lot more in coming weeks amid Middle East crisisThe Asia heatwave is set to intensify across Japan, China and South Korea, driving higher cooling demand, electricity consumption and LNG i...
Updated: Indian bonds fall for third session as oil prices near $100 a barrelIndian government bonds experienced a decline for the third straight session on Thursday, primarily influenced by escalating tensions in th...