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ENERGY SHIPMENTS
Reliance Industries expands fuel exports to Africa, Europe as West Asia conflict disrupts suppliesReliance Industries has redirected fuel exports to Africa, the Mediterranean and other European markets to capitalise on supply disruptions...- US, Canada see growing interest in limited ceasefire in Black SeaUS Secretary of State Marco Rubio highlighted the growing interest in a limited ceasefire in the Black Sea. He emphasized the importance of...
- US oil companies aim to squeeze more out of refineries as war supply crunch weighsUS oil companies are enhancing refinery capacities and reopening closed plants due to global supply disruptions. ExxonMobil and Chevron rep...
- Who sent $2 bn military equipment to Iran past US blockade? More than 5,000 agenciesIran has developed a clandestine network involving over 5,000 agencies to import military equipment and evade sanctions. This network funct...
- Gold dips on firmer dollar; US inflation data in focusGold prices experienced a decline as the dollar strengthened following the Federal Reserve's decision to hold interest rates steady. Market...
- World Bank sees commodity prices surging 23% in 2026 on Middle East warCommodity prices were projected to rise 23% in 2026 as the Middle East war disrupted energy supplies and shipping, while grain disruptions ...
- World Bank sounds alarm on food crisis as energy shock and El Nino push commodity prices up 23%Global commodity prices are projected to rise significantly in 2026, driven by conflict in the Middle East and supply disruptions. Energy p...
- '51st state': Trump pitches Venezuela as next US state, says it has 'a lot of oil'US President Donald Trump has suggested that Venezuela could become the 51st US state, citing growing ties between Washington and Caracas a...
- The grease hunters of Bengaluru want Leftover fryer oil to fuel India’s JetsBengaluru has become a hub for innovative biofuel initiatives as collectors harvest old cooking oil from restaurants for energy production....
- India earns nearly 50% more from fuel exports in April-September as costlier oil and weak rupee outweigh lower volumesIndia's petroleum product export earnings increased significantly in April to September, driven by high international prices. While the vol...
- Exporters get six more months of risk cover amid West Asia turmoilThe Centre has extended the RELIEF initiative to March 31, 2027, to assist exporters. This scheme provides risk coverage to exporters facin...
- Ship attacks in Strait of Hormuz hit record high in OctoberAttacks on commercial shipping in the Strait of Hormuz and nearby waterways reached a record high in October, according to a Washington-bas...
- On Iran war, Trump weighs two options: 'make a deal' or 'finish it off'US President Donald Trump is weighing a deal with Iran against renewed military strikes, warning that a decision is approaching as Tehran e...
- Iran claims Strait of Hormuz control, warns US warships against entering Persian Gulf amid fresh strike threatIran has declared full control over the strategic Strait of Hormuz and warned against US military entry. Meanwhile, US officials hinted at ...
- Oil exports from Persian Gulf 'surpassed pre-conflict levels', claims US Treasury Secy BessentUS Treasury Secretary Scott Bessent announced that oil exports from the Persian Gulf have exceeded pre-conflict levels. This development oc...
- First tanker of Russian diesel sets sail for the US in Trump's controversial deal with PutinA tanker transporting Russian diesel to the United States has departed, signaling a new import agreement. This deal has raised concerns in ...
- Gas prices in US hit $4.29 nationwide as California, Hawaii pay over $5; October on track for recordGas prices have climbed above $4 per gallon nationwide as the Iran war disrupts global oil supplies, putting October on track to become the...
- Trump invokes Cold War-era Defense Production Act for oil production, refiningUS President Donald Trump has determined that petroleum production and refining are essential for national defense. This decision allows po...
- India-EU trade deal could become operational in early-2027, Piyush Goyal saysIndia's trade minister Piyush Goyal announced that the EU FTA is expected to be signed soon. After signing, the FTA could be operational wi...
- Russia ships the least crude oil in a month as major Baltic port haltsRussian crude shipments have dropped to a month low due to maintenance work disrupting operations at the Primorsk port. Despite a reduction...
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