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ECONOMIC PRESSURE ON RUSSIA
Russian air attacks kill 12 in Kyiv region on sixth day of strikesRussian air attacks killed twelve people in Kyiv and the surrounding region. Intense strikes have escalated in recent months, disrupting da...
UK doubles penalties for sanctions breaches to squeeze RussiaBritain has doubled penalties for sanctions breaches, increasing the maximum fine to 100 percent. The UK Treasury stated this action aims t...
Asia's refined fuel imports hit post-war low, can the Middle East help?Asia’s refined-fuel imports fell to their lowest level since the Iran conflict began, with August shipments of light and middle distillates...
Ukraine sanctions chief heads to Washington to push Russia sanctions billUkraine’s top sanctions official Vladyslav Vlasiuk will visit Washington to lobby House lawmakers to back a sweeping Russia sanctions bill ...
The dreaded 'N' word is back again as Trump runs out of Iran optionsRecent US and Iran military exchanges have revived discussions about a nuclear option. These attacks follow a period of relative calm and h...
India’s in-demand economic weapon can turn a global crisis into opportunityIndia is expanding its network of labour agreements with countries around the world to connect Indian workers with job opportunities abroad...
Russia is one of the world's top oil producers, so why is it still importing petrol from IndiaRussia is rationing petrol domestically as Ukrainian drone strikes damage its oil refineries. The nation continues crude oil production whi...
Iran's FM Abbas Araghchi says returning to diplomacy 'isn't impossible' but depends on USIran's foreign minister stated diplomacy is possible if the US abandons coercion and builds trust. He also held productive discussions with...
Military action against Iran not over: US President Donald TrumpUS President Donald Trump indicated military operations targeting Iran might continue. He firmly ruled out immediate talks with Tehran, sta...
BPCL explores buying Gulf oil on FOB basis, lifts Iraqi oilBharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the St...
After six months, the Iran war has reached its endgame, a costly stalemateThe Iran war has reached a costly stalemate after six months of conflict. The Iranian government faces economic siege but believes it has t...
Six Months of Conflict: How the Iran war has reshaped global marketsAs global financial markets navigate the aftermath of recent conflicts, the mixed responses are evident. Energy prices have surged sharply,...
Oil prices extend losses on expectations talks to ease Middle East supply woesOil prices have declined as discussions between Iran and Qatar may pave the way for reopening the crucial Strait of Hormuz. This reopening ...
Global Market: ECB may raise rates in September as Iran war fuels inflation concerns: ReportsEuropean Central Bank policymakers are increasingly leaning towards a September rate hike as the Iran conflict drives up energy prices and ...
Four India-based companies engulfed in Trump's economic offensive against IranThe United States has sanctioned four Indian companies and three individuals for facilitating Iran trade. These actions place Indian busine...
Food prices on the rise, domestic demand keeps economy strongIndia's economy shows resilience with improved domestic demand and strong economic activity. Food prices have seen a broad-based increase, ...
Crude oil prices slide 4% as markets look past Iran sanctionsOil prices dropped significantly as traders viewed new US sanctions on Iran less severely. Brent crude and West Texas Intermediate both rea...
Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
Iran vows to retaliate after US widens sanctionsIran has vowed to retaliate against expanded US economic sanctions, warning Washington of attacks on vital interests and energy chokepoints...
Zelenskyy announces strikes on Russian infrastructure; holds high-level talks with allies on air defenceUkrainian forces struck a Russian refinery and logistics hub, impacting export revenues. President Zelenskyy also discussed air defense sys...