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Indian refiners widen oil search as attacks hurt Russian flowsIndian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...- Indian exports face little risk from tougher US sanctions on IranStricter US sanctions on Iran are unlikely to significantly affect India’s exports to the country, as bilateral trade is mainly concentrate...
- Indian refiners face crude cost surge as Gulf premiums rise, Russian oil discounts vanishIndian refiners are facing a sharp rise in crude procurement costs as tightening physical supplies push Gulf and West African grades to hig...
- Iran's Acting Defence Minister says forces ready for any threat amid US tensionsIran's defense minister stated the nation's armed forces are fully equipped for any threat. He asserted Iran's indigenous technology surpas...
- Circuit breaker: PCB supply crunch could cut electronics output by 40% within 3 monthsIndustry body India Printed Circuit Association (IPCA) plans to write to the Centre, state governments, and banks within the next few days,...
- Hormuz oil shuttling trade is picking up again after lullProducers are using their own vessels or fixed contracts to ensure oil delivery. This activity is crucial for global oil markets, which rel...
- Aluminium signals recovery after correction; supply risks and energy concerns may drive the next leg higherThe recent rebound has been supported by tightening global inventories, concerns over energy availability in key producing regions, geopoli...
- Russia crude prices swing wildly amid Iran warThe landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...
- Iran war forces cash-strapped Asian nations to buy expensive LNGPakistan and Bangladesh face high LNG costs due to Middle East conflict. This situation strains government finances and prompts rethinking ...
- Indian seafarer missing after Oman vessel attack dead, family saysAn Indian national is confirmed dead after an attack on a commercial vessel near Oman. Ten other Indian sailors aboard the ship were rescue...
- A nuclear debut in Bangladesh tests developing world’s atomic shiftBangladesh's first nuclear power plant is nearing completion on the Padma river banks. This facility will supply a substantial portion of t...
- 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...
- 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 seeks safe Hormuz passage for nine ships as truce faltersIn a strategic move, India is engaging Iran in talks to guarantee the safety of nine tankers loaded with crude oil and liquefied petroleum ...
- Indian state refiners ready for Iran oil if US extends waiversIndian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through Augu...
- Energy-hungry Asia is already drawing lessons from Iran crisisAsia is learning crucial lessons from the recent Persian Gulf conflict, emphasizing the need for larger energy reserves and a wider array o...
- Aluminum’s war shock blunted by dark transits and Chinese supplyThe Iran war triggered one of the biggest shocks to the global aluminum market, raising fears of widespread smelter shutdowns and prices su...
- Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
- Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
- Hindalco, NALCO, Vedanta Aluminium shares crash up to 6% as aluminium prices drop on US-Iran peace dealIndian aluminium stocks saw a sharp decline today. This happened as aluminium prices crashed significantly. The drop followed news of an Ir...
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