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UAE OIL EXPORTS
Rising sulphur prices put fertiliser sector under pressure, threaten higher subsidy burdenLanded sulphur prices in India have doubled since January to around $1,050-1,100 a tonne, according to industry estimates.- Gulf nations have found ways to keep oil flowing through the Iran war, but the costs are mountingIran's closure of the Strait of Hormuz initially raised concerns about soaring oil prices impacting the global economy. However, Gulf produ...
- India’s Russian oil imports fall 16.5% in August as Middle East supplies riseIndia’s Russian oil imports fell 16.5% month-on-month to about 2.1 million bpd in August, while purchases from Iraq rose sharply and Saudi ...
- US wants to redraw Gulf’s energy map with a $5 billion bet beyond Hormuz: ReportThe United States proposed a $5 billion fund for Middle Eastern energy infrastructure. This initiative aims to reduce reliance on the Strai...
- Oil’s sea lanes get tougher to navigate; India must press Iran to ease Hormuz blockadeSea lane disruptions in the Red Sea and Persian Gulf impact India's oil imports significantly. India faces challenges securing oil from Wes...
- Hormuz shuttles keep oil flowing, but at a high costMiddle East oil producers are increasingly using ship-to-ship (STS) transfers off Oman to keep crude exports moving despite disruptions fro...
- Crude Oil Above $100: Can Saudi Arabia’s export disruption trigger a new global energy shock?Crude oil has crossed $100 a barrel as Saudi Arabia faces disruptions to its alternative export route following attacks on the East-West Pi...
- EIL sees prospect as Saudi, UAE plan to expand pipeline, storageThe near-closure of the Strait due to the Iran war, which began more than six months ago, has heightened the need for Gulf oil exporters to...
- Replacing Russian crude near impossible for Indian refiners as US sanctions bill threatens 100% tariff, say executivesIndian refiners face challenges replacing Russian crude imports due to new US legislation. Many key suppliers are already cut off, complica...
- India must not let energy security become a US trade ‘weapon’, warns GTRIAccording to a warning from a US think tank, Indian goods could face tariffs as high as 100%. This move may compel India to significantly l...
- India’s August exports rise 26.1%, trade deficit narrows to $26.9 billionIndia’s merchandise exports jumped 26.1% year-on-year to $43.8 billion in August, accelerating from 19.6% growth in July, while slower impo...
- Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
- New wave of Houthi missile strikes in southern Saudi Arabia, claims Iran's Press TVA new wave of Houthi missile strikes was reported towards Saudi Arabia, with warnings issued and later lifted for residents in Khamis Musha...
- Houthis' Yemen advance leaves Gulf states with uncomfortable choiceThe Houthi capture of Yemen's Red Sea coastline is strengthening Iran's leverage over Gulf energy routes, forcing Saudi Arabia and its neig...
- A weekend in New Delhi: At BRICS, Modi and India provided an adroit demonstration of tactically gathering a motley crewThe recent BRICS summit hosted twenty nations, fostering debate and wide interpretation of its joint statement. This gathering served as a ...
- BRICS has the oil jackpot. Now comes the hard partBRICS is gaining weight in global energy markets as its 11 members include major oil producers such as Russia, Saudi Arabia, Iran and the U...
- Gulf states weigh rare meeting with Iran next week on HormuzGulf states are considering a meeting with Iranian officials next week. Oman aims to convene foreign ministers to discuss the Strait of Hor...
- India hosts BRICS summit as Iran war tests bloc unityIndia hosts the BRICS Leaders' Summit this weekend seeking to boost its global profile. The summit faces challenges due to the Iran-UAE con...
- Who is fighting in Yemen? Key factions battling for control of the countryHouthi militants backed by Iran are intensifying fighting in Yemen. They aim to control the Red Sea coast and the Bab el-Mandeb Strait. Thi...
- UAE builds alternative trade, energy routes after Iran attacks, official saysThe UAE is building alternative routes for its energy exports and trade to reduce its dependence on the Strait of Hormuz amid the war with ...
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