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ALTERNATIVE OIL SUPPLIES
Russian oil still India's key energy bet despite looming US tariff risksProposed US tariffs on Russian crude imports could inject fresh market volatility. Replacing Russian supply would be difficult due to limit...- Asian refiners snap up US crude as Hormuz risks mount, trade sources sayAsian refiners have increased purchases of U.S. crude as escalating Middle East tensions and disruptions to shipping through the Strait of ...
- India can find alternative sources for crude, but LPG at risk: ExecutivesIndustry executives said India should be able to source alternative crude and LNG supplies, albeit at higher prices. LPG supplies, however,...
- Trump's Strait of Hormuz Plan Explained: Can the US charge ships and what it means for IndiaStrait of Hormuz Explained: US President Donald Trump's proposal to impose a 20% charge on cargo passing through the Strait of Hormuz has s...
- Seven Indian-flagged ships operating as per schedule in Persian GulfSeven Indian flagged vessels are operating safely in the Persian Gulf as per schedule. These ships are not carrying oil, gas, or fertilizer...
- Allies to muster more air defence aid for Ukraine as battlefield momentum shiftsWestern allies will meet in Paris to secure more air-defence commitments for Ukraine. Ukraine faces increasing exposure to Russian ballisti...
- ETtech Deals Digest: Yotta fundraise lifts weekly tech funding to $228 million, up 95% on-yearThe week’s funding was concentrated in late-stage deals, which accounted for nearly three-fourths of the total capital raised. Early-stage ...
- India's crude imports remain resilient despite Strait of Hormuz tensionsIndia's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfoli...
- 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...
- NALCO shares in focus on JV with NLC India for 1,080 MW thermal plant in OdishaNational Aluminium Company and NLC India have signed an agreement for a joint venture. This new entity will establish a 1,080 MW captive th...
- Millions of barrels of Iranian oil left in limbo after US revokes 60-day waiverAround 63 million barrels of Iranian crude are stranded on tankers after the US revoked a sanctions waiver that had temporarily allowed Ira...
- Global oil market weathers Iran war shock, but reserve depletion raises future price risksThe global oil market absorbed record supply disruptions during the Iran conflict without triggering a prolonged price shock. But analysts ...
- Did June just mark a new turning point for India's car market?India car sales June data: As manufacturers continue to widen alternative-fuel offerings and supporting infrastructure improves, their shar...
- The likely loser in Gulf's post-war race for oil market shareUnited Arab Emirates is leading oil producers in a fierce market share battle. Saudi Arabia and other Gulf nations are increasing exports s...
- Vedanta Aluminium wipes off Rs 25,000 cr worth investor wealth in under a month. Time to buy?Vedanta Aluminium shares have dropped significantly since their listing date. This decline has erased substantial investor wealth in a shor...
- Explained: Why aluminium is emerging as manufacturers' preferred alternative to copperRecord copper prices are accelerating manufacturers' shift toward aluminium, driven by lower costs and lighter weight. Automakers are expan...
- 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...
- ACME Green Molecules, Mitsubishi Gas Chemical sign $1 billion green methanol supply dealIndia's first global green marine fuel pact sees ACME Green Molecules partnering with Japan's MGC to supply 100,000 tonnes of green methano...
- Citi sees brent crude sliding to $60/bbl as supply fears easeGeopolitical tensions easing around the Strait of Hormuz are expected to drive Brent crude prices down to $60 a barrel by year-end, accordi...
- India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
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