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Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
The new man of steel! India seen filling the void China may leaveIndia Steel Industry Growth 2026: Global steel demand is shifting from China to India and Southeast Asia. India's steel consumption is low,...
Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...
India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...
Nifty at 25,900 by March 2027? Nomura cites key catalysts to watch out forIndian stocks have seen a sharp fall. Nomura predicts the Nifty will climb almost 11% to reach 25,900 by March 2027. This optimism stems fr...
An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
Wars in West Asia and Ukraine are turning shipping costs into steel sector’s biggest headacheIn the face of a daunting 28-30% increase in international freight costs, India's steel sector is at a crossroads. The unrest in West Asia ...
Asia heat waves spell double trouble for economies hit by oilAsia faces a new inflation threat from El Niño as rising temperatures and dry weather are all set to increase food costs. This comes on top...
How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
Ukrainian drone attack on Russia's Tuapse port kills oneA Ukrainian drone attack hit Russia's Tuapse port, causing a fire and killing at least one person. This major southern port is a key oil ex...
US extends waiver allowing India and other countries to buy Russian oilThe Donald Trump administration has issued a short-term waiver allowing countries to continue buying sanctioned Russian oil loaded on ships...
US move on Russian oil waiver adds pressure as Iran war strains energy markets, India engaged in talks: SourcesIndia faces a tougher energy market as the US will not extend waivers for Russian oil imports. This decision impacts countries already stru...
India's Russian oil imports more than triple to 5.3 billion euro in MarchIndia’s crude oil imports from Russia surged in March, with purchases tripling to €5.3 billion as volumes doubled and prices rose, accordin...
US coal exports to India expected to rise due to China tariffsThe US is likely to increase coal exports to India after China imposed new tariffs on American energy imports. This shift may affect the ma...
How Indian metal companies stand to benefit from global supply disruptions due to warRight now, everything is lending support to higher aluminium prices. Energy is a wild card though. With the peak winter season behind, EU g...
How dependant is India on Russia for oil, gas and coal?Any invasion of Ukraine by Russian troops could trigger sanctions and reprisals that would disrupt the movement of fuels and impact energy ...
India occupies 8th spot of total Russian coal exports globallyAccording to UN Comtrade Database, at the end of 2019, Russia exported 205.3 million tons of coal — 180.9 million tons of energy coal (88% ...
India in talks with Russia to import coking coal to reduce dependence on othersMinister of Petroleum & Natural Gas Dharmendra Pradhan on Tuesday met Leonid Petukov, CEO, Far East Russia Investment and Export Agency. Pr...