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Russia halts petrol sales in city as Ukraine strikes deepen fuel crisisUkrainian strikes on Russian energy infrastructure have triggered a severe fuel crisis, forcing curbs on sales and leading to price hikes. ...- EU officials fear leaders will balk in confronting ChinaDespite acknowledging severe stakes, leaders struggle to agree on tangible steps to address a massive trade deficit and Chinese state subsi...
- State oil companies lose ₹75,000 cr in Q1 on low prices: Oil minister Hardeep Singh PuriState-run oil companies reported a significant loss of ₹74,781 crore in the April-June quarter due to selling fuel below market rates. Desp...
- India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...
- India refiner Nayara's gasoline sold to Russia via traders, sources sayIndian refiner Nayara Energy's gasoline is reportedly reaching Russia, which faces fuel shortages due to Ukrainian attacks. While Indian Oi...
- India's June palm oil imports fall to 14-month low as demand softens, dealers sayIndia's palm oil imports plunged to a 14-month low in June, driven by weak consumer demand and a shrinking price advantage over rival oils....
- EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
- Iran's unsold oil piles up at sea as buyers stay waryIran is struggling to sell its growing oil stockpile at sea as a US deadline looms, potentially costing Tehran vital revenue and weakening ...
- India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
- Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisisUkrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This...
- India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
- India's Russian oil imports to hit record high in June, data showsIndia's Russian oil imports hit an all-time high in June, reaching approximately 2.70 million barrels per day. This surge is attributed to ...
- EU unveils new steel import quotas to protect its industry from overcapacity, reserves half for FTA partnersThe European Commission has implemented new quotas to curb duty-free steel imports, aiming to bolster the EU's steel sector and boost capac...
- More cash, not enough weapons: NATO presses to produce moreNATO leaders face a critical challenge in Ankara: transforming increased defence budgets into actual weapons. Despite significant spending ...
- Ukraine unleashes one of its heaviest drone bombardments of RussiaUkraine unleashed a massive drone assault across a dozen Russian regions and Crimea, reportedly targeting oil facilities and naval vessels....
- EU proposes extending Ukrainian protection to 2028, limit men of fighting ageThe EU proposes extending temporary protection for Ukrainian refugees until March 2028, but may restrict access for military-aged men witho...
- China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
- Indian captain of sanctioned Russian oil tanker arrested in UK; family seeks government interventionAn Indian captain, Ajay Pant, has been arrested in the UK and charged with breaching sanctions after his Russian oil tanker was intercepted...
- Russia tells Europe: Yes to talks, no to ultimatumsRussia has signaled openness to dialogue with European nations, emphasizing that talks must not be based on ultimatums or perceived weaknes...
- India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
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