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IRAN ENERGY CRISIS
RBI finally gets uppity, takes a hikeIn a proactive move to tackle soaring inflation, the RBI has raised the interest rates by 25 basis points to 5.5%. Despite facing obstacles...- From just-in-time to just-in-case: oil executives say world needs more export routesThe ongoing disruptions from the Iran conflict are reshaping energy supply chain strategies. TotalEnergies and BP are actively seeking alte...
- World Bank flags oil, El Niño and global market risks to growthThe World Bank has revised its growth forecast for South Asia, projecting a robust 6.9% by 2026, driven by a surge in consumer demand. Indi...
- Global Market: Gulf oil flows rebound to 81% of pre-war levels in SeptemberGulf oil flows excluding Iran recovered to 81% of pre-war levels in September, supported by a sharp rebound in Saudi Arabian exports. Crude...
- Explainer: Who are the Houthis, Iran's allies in Yemen?Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territor...
- When could Americans feel the impact of G7’s 100 million-barrel oil release? Experts explain what households can expectThe G7 nations have decided to release a total of 100 million barrels of oil and refined fuel products over the next four months. This init...
- 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...
- 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 ...
- Why are U.S. 2-year Treasury yields, 10-year note, global bond markets down in France, Germany?US Bonds are down: Treasury yields extended gains, and the benchmark 10-year Treasury note hit a 24-year high, after closing out September ...
- Developing countries hit by overlapping crises, UNDP chief warnsRising energy costs and El Nino conditions are challenging developing countries facing financial distress. Governments are struggling to ma...
- US wants European allies to do this 'immediately' to lower diesel pricesThe US has urged European allies to release strategic diesel reserves immediately as global fuel prices surge amid supply disruptions linke...
- Iran readies harder retaliation if attacked as diplomacy faces long oddsIran is intensifying its military response planning amid fears of US military escalation in the region. Senior commanders are considering b...
- ‘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...
- Market rout deepens as crude surge, high US yields batter Indian equitiesThe Indian stock markets faced a notable downturn on Monday as fears over escalating oil prices and rising US bond yields loomed large. The...
- The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
- India has ‘insulated' itself from the 'turbulence' of crude supply shock: Hardeep Singh PuriUnion minister Hardeep Singh Puri said India has so far insulated itself from crude oil and natural gas supply disruptions caused by the We...
- US Iran war: Oman calls for self-restraint, dialogue in Mideast conflictOmani Foreign Minister Badr Albusaidi called for self-restraint from all parties involved in the Middle East war. He emphasized that Oman i...
- China has kept its promise to stop funding overseas coal, but loopholes are helping coal expandChinese President Xi Jinping's 2021 pledge to halt overseas coal financing is being challenged by ongoing energy demands. While China has c...
- Jaishankar meets Russia, Iran foreign ministers at UNGA days after Trump signs sanctions lawDuring the UN General Assembly, India's External Affairs Minister S. Jaishankar conferred with officials from Russia and Iran, highlighting...
- UN General Assembly: Iran talks, Ukraine ceasefire and AI among key takeawaysWorld leaders gathered at the United Nations to discuss ongoing conflicts in Iran and Ukraine. Diplomatic talks between US and Iranian offi...
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