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IEA REPORT 2026
EAM Jaishankar to embark on three-day visit to UAEExternal Affairs Minister Dr. S. Jaishankar is scheduled to visit the United Arab Emirates from October 14 to 16. He will engage in a bilat...
Record oil tanker rates put pressure on Asian refiners, IEA saysAsian oil refiners are facing increased shipping costs that are significantly affecting their profit margins. The cost of transporting oil ...
Global oil demand to fall by 2.6 million barrels per day in 2026, diesel to account for 25 pc of decline: IEAGlobal oil demand is anticipated to decrease significantly in 2026 due to the impact of the Iran war. Diesel is expected to account for 25 ...
Not gold, GDP, military strength or rare earths: Elon Musk, the world’s richest person, says this hidden metric reveals true economic strengthElon Musk has offered a different way to judge the strength of a major economy. In an October 10 post on X, the Tesla and SpaceX chief exec...
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
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 ...
Natural gas defies energy shock as strong supply keeps prices in checkDespite crude oil volatility from West Asian geopolitical tensions, natural gas prices remain contained around $2.50-$3.50/MMBtu. Record US...
America’s power grid is heading toward a difficult electricity crunch. Could the answer already be sitting quietly in millions of parking lots?American power grids face a severe double strain. Surging electricity demand from new data centers and industrial electrification is collid...
Global Market: Diesel prices surge to record highs as wars squeeze global fuel suppliesGlobal diesel markets are facing mounting supply pressures as refinery outages, export curbs and shipping disruptions reduce availability a...
India’s scorching summer sends coal imports to 15-month high in AugustIndian power sector coal imports reached a 15-month peak in August. This surge occurred as electricity demand rose significantly due to a h...
IEA slashes oil demand forecast as prices surgeThe International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...
New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
Who needs to file ITR by August 31, 2026 for AY 2026-2027? Check what happens if ITR filing deadline is missedITR Deadline: The deadline for filing Income Tax Returns (ITR) for taxpayers with non-audit business or professional income is August 31, 2...
Filing ITR4 by August 31 deadline? Check these 6 major changes if opting for presumptive taxation for AY 2026-27For the assessment year 2026-2027, new changes have been introduced impacting those filing ITR-4. Taxpayers need to be aware of six major u...
Global oil supply shortfall to deepen as Hormuz reopening remains elusive, IEA saysGlobal oil supply will fall by 4.3 million barrels daily this year. Renewed Middle East hostilities are disrupting supplies and deepening t...
Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopeningGlobal oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United Sta...
IEA sees gradual Hormuz recovery tipping into significant 2027 surplusThe global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...