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RUSSIAN OIL BAN
India likely won't export sugar for years as El Nino, ethanol squeeze supplyOnce as a top sugar exporter, India is now anticipating a three-year stretch of significant export deficits, primarily driven by El Nino's ...- G7 leaders applaud Iran, Ukraine progress ahead of tackling AIG7 leaders are calling a US-Iran deal a historic chance. They also agreed to put more pressure on Russia regarding its Ukraine invasion. Th...
- 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...
- War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...
- EU weighs temporary freeze on Russia oil price cap over Iran war: ReportThe European Union is considering freezing its price cap on Russian oil as the conflict in West Asia and disruptions to shipping through th...
- Airlines plead with state-run oil majors to postpone jet fuel hikesIndian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financi...
- India needs to reduce the strategic importance of fertilisers through a bold agricultural policyGlobal events like the West Asia conflict and El Nino threaten governments. Rising fertilizer prices create a fiscal and political crisis f...
- Iran war hands OPEC's swing producer crown to AmericaAmerica is now the world's energy superpower. The Iran war caused an oil crunch, but the U.S. is helping. It is increasing oil exports and ...
- EU approves a $106 billion loan package to help Ukraine after Hungary lifts its vetoThe European Union has approved a substantial loan for Ukraine to support its economy and military. This comes after Hungary ended its oppo...
- US Navy Secretary John Phelan leaves his job, marks latest departure of a top defense leaderUS Navy Secretary John Phelan has suddenly departed his post. Undersecretary Hung Cao, a decorated Navy veteran and former congressional ca...
- 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...
- Asia barters for scarce energy as Iran crisis throttles suppliesIran war: Asian nations are scrambling for fuel amid Middle East supply disruptions and China's export bans. Indonesia is seeking deals wit...
- Russia to introduce ban on gasoline exports from April 1, govt saysRussia's Deputy Prime Minister Alexander Novak has directed the energy ministry to prepare a resolution banning gasoline exports starting A...
- Oil market has lately been roiled by West, Russia will decide what happens next, says reportOn December 5, the oil embargo, which the European Union agreed upon in May, came into effect.
- Russian oil price cap, EU ban aim to limit Kremlin war chestThe EU ban on Russian oil moving by sea is "by far the biggest step to date to cut off the fossil fuel export revenue that is funding and e...
- EU decides to ease sanctions on Russian oil exports“With a view to avoid any potential negative consequences for food and energy security around the world, the EU decided to extend the exemp...
- Oil slips as investors eye EU vote on Russian oil banOil prices slipped in early Asian trade on Monday as investors eyed talks at the European Union on a Russian oil embargo that is expected t...
- EU may give more time and money to Hungary for agreeing to Russian oil banEU has decided to ban Russian oil trade, and this plan can lead to a big crisis in Hungary. EU has revised the Russian oil sanctions and is...
- What does a US ban on Russian oil accomplish?A full embargo would be most effective if it included European allies, which are also desperate to stop the violence in Ukraine and the dan...
- India's IOC no longer accepts Russian, Kazakh crude on FOB basis: ReportThe letter was sent on Monday to traders who submit cargo offers into IOC's regular crude oil buy tenders.
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