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Indian, US fuel exporters reaping bonanza amid oil supply uncertainty due to warsIndia and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...
Euro zone bonds join global selloff, long-end yields at multi-year highsOn Tuesday, yields on longer-dated euro zone bonds surged to levels not seen in years. The increasing oil prices, spurred by diminishing ex...
India weighs sugar import duty cut to curb record local pricesIn an effort to reign in soaring domestic sugar prices, India is thinking about lowering its sugar import duty. This response is geared tow...
Ukraine takes aim at Russia's economy and morale by attacking online retailerFor over a month, Ukrainian drones have been relentlessly striking warehouses belonging to Russian online retailer Wildberries. This offens...
Crop buyers cut off from Black Sea are turning to other originsThe region is one of the world’s top suppliers of grain and sunflower oil, much of which heads to Asia, Africa and the rest of Europe.
Iranian President Masoud Pezeshkian set to visit India for BRICS summit amid Hormuz tensionsIn September, Iranian President Masoud Pezeshkian will be in Delhi for the 18th BRICS summit, a visit set against the backdrop of heightene...
India named first official partner country at Russian Energy WeekIndia will be the first official partner country at Russia's Energy Week forum. This partnership aims to attract greater Indian investment ...
- Poland says it thwarted a Russian plot to kill an American citizen in Warsaw
Poland has thwarted a Russian plot to assassinate a Ukrainian American citizen in Warsaw. This incident marks the first time Moscow has bee...
EU's unclear stance on Russian nuclear fuel holds back investments, Urenco CEO saysEuropean Union's indecision on banning Russian nuclear fuel creates investment uncertainty. This delay impacts Europe's uranium enrichment ...
Diesel prices surpass jet fuel in Europe as global supply tightensEuropean diesel costs more than jet fuel for the first time in over a year. Jet fuel imports to Europe have risen significantly while diese...
US refiners ramp up buybacks as Iran war boosts fuel marginsUS refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...
- Ukraine halts strikes on tankers using Russian port at US request: Report
Ukraine has halted drone attacks on oil tankers following a US request. This action came after concerns about market destabilization and ha...
Russia’s petrol crunch sends Moscow shopping for Indian fuelRussia has imported petrol from India for the first time as Ukrainian attacks on its refineries deepen domestic fuel shortages. Kpler data ...
PM Modi, Trump will work out Russian oil-related 100 per cent tariff issue, says US officialUS official Peter Navarro believes US President Trump and Prime Minister Modi will resolve tariff differences. He recalled past criticism r...
Russia explores rail link to India to bypass maritime chokepointsRussia is exploring a rail link to India through Central Asia and Iran as an alternative to maritime routes vulnerable to disruptions at th...
Why this Trump oil tariff is ZzzA US Senate bill imposing tariffs on Russian oil buyers faces hurdles. India's energy supplies remain secure due to diversified import stra...
India's Menage a Trois: Graham Act puts New Delhi's strategic autonomy to testThe new US legislative proposal aims to introduce tariffs on nations acquiring Russian energy, challenging India to balance its energy dema...
US Senate Russia sanctions vote raises risk for Indian crude supplies, says KplerA US Senate vote advances tougher sanctions on Russia, potentially disrupting crude oil supplies. However, immediate impacts on India and C...
India's fuel exports hit 1-year high in July on strong diesel marginsIndia's fuel exports hit a one-year peak in July, driven by strong diesel margins. Russia's diesel export ban and global supply voids creat...
Why the coming winter is going to be a long, cold one for EuropeEurope will face the next winter with alarmingly low energy supplies and heating oil inventories. Global markets for liquefied natural gas ...