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FUEL COSTS IMPACT ON GLOBAL ECONOMY
Trump’s diesel squeeze may put Indian refiners in a sweet spot, and a bindA potential US diesel export ban could worsen an already tight global fuel market by removing about 1.2 million barrels a day of supply at ...- Fuel, finance shocks already hitting global economy; India better placed but not insulated: Neelkanth MishraHigher fuel costs and tighter financial conditions are significantly affecting global demand and capital costs. India is comparatively bett...
- Fuel subsidies may top $1 trillion: UNThe UNDP analysis - which looked at data from the World Bank, the International Monetary Fund and the International Energy Agency - found t...
- Why are oil prices down today? G7 countries' oil reserve release plan to push crude rates lowerOil prices fell today as G7 countries moved towards releasing up to 100 million barrels of diesel and crude reserves over four months. Bren...
- Trump says Europe to unlock ‘massive amount of Diesel’; G7 agrees 100 million-barrel oil release amid global crunchUS President Donald Trump said Friday that Europe had agreed to release a “massive amount” of heavily stocked diesel oil, with the process ...
- India can emerge as key rice supplier as global production falls 9% and demand rises 14%: IREFIndia's rice production is expected to decrease, while global demand is projected to rise significantly. The country possesses sufficient s...
- UK pound falls to three-month lows as investors fret over rates, oilThe pound has hit a three-month low against the dollar, triggered by mounting economic apprehensions. Investors are anxious about the effec...
- CEA warns of looming oil and rate pressures in India’s H2, sees Q2 growth at 7.3%Chief Economic Adviser V Anantha Nageswaran noted that the second half of the fiscal year would be challenging. Rising oil prices and incre...
- ‘Major food crisis’ looms in coming months: S JaishankarS. Jaishankar highlighted the looming food crisis caused by fertiliser shortages from geopolitical tensions in Ukraine and the Gulf. He emp...
- Crude surged. Why didn’t India’s petrol prices?As the West Asia conflict drove up oil costs, India kept a much larger rise from reaching the pump. This explainer dives into how protectio...
- New CAFE norms out for passenger vehicles, targets tightened for FY28-FY32New Corporate Average Fuel Economy (CAFE) norms for passenger vehicles in India will take effect from April 2023. The revised benchmarks in...
- Global Market: Shein shares tumble 6% as quarterly profit plunges 67%Shein shares fell over 6% after quarterly profit plunged 67% to $228 million, while margins narrowed sharply. Higher freight and jet fuel c...
- Why is Trump administration looking to implement new lower fuel economy standards in US?New lower vehicle fuel economy standards are being set by the Trump administration. The move will reduce the technology costs of the automa...
- Your Thanksgiving and Christmas flight could still stay expensive long after jet fuel prices come downJet fuel prices have moved dramatically since the Iran war began. The Argus U.S. Jet Fuel Index climbed to $4.88 a gallon in early April. B...
- US fuel economy standards: Trump admin set to roll out new regime for cars, light trucksThe Trump administration is set to announce relaxed fuel economy standards affecting gasoline cars and light trucks. These changes aim to l...
- Global Market: European shares rise as oil prices ease; Middle East tensions keep investors cautiousEuropean shares rose on Friday as easing oil prices supported risk appetite, while investors remained cautious over Middle East tensions. T...
- Skyrocketing diesel prices rattle Republicans as midterms approachDiesel fuel prices have reached record highs due to ongoing conflicts in the Middle East and related supply issues. Republican candidates a...
- Ban on US diesel exports would hurt, not help fuel markets, analysts sayUS President Donald Trump has expressed support for a diesel export ban to help lower rising prices. Diesel prices in America have reached ...
- US fuel prices surge ahead of midterm elections 2026; Republican candidates face pressure as voters struggle with rising costsWith midterm elections looming, soaring diesel prices are causing alarm among Republican candidates. In response to the economic strain, ma...
- Rising oil, borrowing costs fuel stagflation fears for global economyMiddle East conflict-driven energy price spikes and rising global borrowing costs are reviving inflation risks while threatening economic g...
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