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MIDDLE EAST FUEL SUPPLY
India refiners reap fuel export windfall as war drives shortagesIndia's oil-product shipments are projected to reach their highest level since September. Refiners are capitalizing on strong profit margin...- Global Market: UK bond yields hit one-month high as Middle East tensions boost rate-hike expectationsMiddle East tensions are driving oil prices higher and impacting global energy supplies. This surge in oil prices is fueling inflation conc...
- Dubai and Middle East flights disruption: US-Iran tensions keep airlines cautious as services gradually resumeDubai flights disruption: Middle East airspace is largely open, but airlines review operations due to renewed US-Iran tensions. Unresolved ...
- Asian Paints hikes prices by 12% as West Asia conflict drives up costsAsian Paints has increased prices by approximately twelve percent to counter rising raw material costs. This significant price adjustment i...
- How Europe is keeping planes flying despite jet fuel risksEurope faces significant jet fuel supply risks due to Middle East tensions. The region imports heavily and has limited reserves for disrupt...
- Could oil prices spike further? Inside the fragile US-Iran stance in the GulfGeopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...
- Russia's diesel export ban deepens global supply crunchRussia's diesel export ban has significantly impacted global energy markets. This action exacerbated existing fuel shortages and drove pric...
- Middle powers find new strategic fuelAustralia and India have officially established a uranium sales agreement, representing a key diplomatic achievement. This accord supports ...
- Oil heads for weekly gain as Middle East supply risks persistOn Friday, oil prices saw a modest increase as they aimed for weekly gains. Renewed hostilities between the US and Iran have severely limit...
- Grocery chain Sumosave Retail raises Rs 50 crore led by 12 FlagsFounded in 2022, Sumosave had previously raised $3.3 million from Lightspeed and angel investors. The firm operates company-owned neighbour...
- Global Market: IEA sees global oil demand recovering as Strait of Hormuz flows resumeGlobal oil demand is showing signs of recovery as shipments through the Strait of Hormuz resume and crude prices ease, the International En...
- US Stock Market: Fed's Williams sees energy prices easing despite Middle East tensions, keeps options open on July rate decisionNew York Fed President John Williams said oil prices are likely to ease over the coming months despite renewed Middle East tensions, while ...
- Asia growth improves but ADB warns of persistent headwindsAsian economic growth is projected at 4.9% for 2026, a slight improvement from earlier forecasts. Lingering Middle East conflict impacts co...
- Oil edges lower, but heads for weekly gain as Middle East supply risks persistOil prices saw a slight dip Friday but are set for weekly gains. US and Iran exchanged strikes, escalating regional tensions and impacting ...
- US stocks today: Nasdaq rallies to sharply higher close; chip surge offsets Iran worriesUS markets closed higher led by chip stocks, with Micron boosting sentiment through a massive investment plan tied to AI demand. Gains came...
- India’s wartime buying spree leaves behind a cooking gas surplusIndia's fuel retailers now have excess cooking gas supplies. They had booked extra cargoes anticipating supply disruptions in the Persian G...
- India, Australia unlock uranium trade, step up energy and supply chain cooperationIndia and Australia finalized uranium export administrative arrangements for peaceful purposes. Both nations committed to deepening bilater...
- Cathay Pacific cuts fuel surcharges again as jet fuel prices easeCathay Pacific Airways will reduce fuel surcharges on most passenger flights starting July sixteenth. This marks the third reduction since ...
- 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 lifts curbs on retail sale of petrol, diesel to commercial buyers from July 1India has removed restrictions on commercial buyers purchasing petrol and diesel from retail outlets, effective July 1. These emergency mea...
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