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US midterm elections 2026: Record diesel prices hit at worst time in key battleground states
The Iran war energy crisis is just getting startedThe Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...
Cuba crisis: After power outages of up to 22 hours a day, shortages of tap water, U.S now imposes sanctions on President, Raul Castro, family membersWhile Cuba has been under a US trade embargo since 1962, President Donald Trump has drastically ramped up pressure in recent months.
Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
China, Iran ‘weaponised’ global economy to counter US: reportGlobal economic competition intensifies as China and Iran use supply chains and trade routes for strategic advantage. This challenges the U...
India diesel exports to SE Asia hit 7-year high in March due to Iran war, data showsIndia's diesel exports to Southeast Asia hit a seven-year high in March, driven by traders covering short positions and refiners capitalizi...
India’s retreat from Russian oil sends China’s Urals imports to a nearly three-year highChina’s appetite for Russian Urals crude is surging, reaching its peak since June 2023. This uptick follows India's substantial drop in Rus...
India oil refiners squeezed by anti-Russia push from US and EUIndian refiners are facing pressure as the US and EU intensify efforts to curb Russian oil flows. President Trump announced a 25% tariff on...
EU fuels crude awakening for Nayara Energy, but Reliance feels the heat tooEuropean Union sanctions against Nayara Energy and restrictions on Russian oil-derived fuels present significant challenges for Reliance In...
Brent, US crude futures climb over 2% as OPEC cuts expectedBrent crude futures were up $2.19 to $82.80 a barrel by 10:32 a.m. CT (1632 GMT). U.S. West Texas Intermediate crude was up $1.98, or 2.6% ...
Oil extends gains as OPEC+ to mull deeper cutsBrent crude futures climbed 11 cents, or 0.1 per cent, to $80.72 a barrel by 0012 GMT while US West Texas Intermediate crude was at $75.97 ...
Oil’s new map: How India turns Russia crude into the West’s fuelAs Europe ramps us sanctions, India is only going to become more central to a global oil map that’s been redrawn by Vladimir Putin’s year-l...
Lankan President Gotabaya Rajapaksa regrets banning chemical fertilisers and not going to IMF for bailout earlierRajapaksa also said his government should have opted to go for an International Monetary Fund (IMF) bailout much earlier. "It was a mistake...
Sri Lanka fuel prices up ahead of IMF talksThe increase came as Sri Lanka's new finance minister Ali Sabry led a delegation to Washington seeking between $3 billion and $4 billion fr...
As fuel prices rise to record highs, governments look for solutionsThe moves reflect the economic and political risks governments see in the current energy spike, which has been driven by a rebound in fuel ...
Trump's Iran-oil stand gives ammo to Opposition against ModiModi, whose government is one of the world’s biggest importers of Iranian crude, is now facing opposition attacks over his inability to win...