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EU ENERGY SANCTIONS
Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
What sanctions are there on Iran and will they be lifted?Iran's oil sales may see a waiver under a new interim deal. However, the country remains under a complex network of international sanctions...
'I'm the boss', Trump says at G7, as he warms to Ukraine's war aimsGlobal leaders at the G7 summit have united in their support for Ukraine, vowing new sanctions against Russia. President Trump indicated a ...
'I'm the boss,' Trump says at G7, as he warms to Ukraine's war aimsGlobal leaders at the G7 summit in France have united to support Ukraine with fresh sanctions against Russia. President Trump declared 'I'm...
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
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...
Europe is finally, slowly getting its act togetherEurope stands on the brink of a pivotal transformation, launching a set of ambitious reforms aimed at revitalizing its economy and global f...
China warns EU on new sanctions over Ukraine warChina has issued a stern warning to the European Union. Beijing opposes proposed EU sanctions targeting Chinese companies. These measures a...
EU sanctions Iranians over restricting naval traffic in HormuzThe European Union has imposed sanctions on two Iranian individuals and a unit of the Islamic Revolutionary Guard Corps. This action target...
EU could lose 1.3 million jobs due to energy price surge linked to Iran war, Commission saysEuropean industries are bracing for significant job cuts. Up to 1.3 million jobs are at risk across automotive, construction, metals, chemi...
Putin's 'Russian Davos' opens with US guests as economy slows and war drags onRussia hosts its premier investment forum in Saint Petersburg. The event includes prominent figures from the United States and Germany. Thi...
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 ...
G7 finance ministers vow cooperation to face 'heightened risks'Global economic leaders met in Paris to tackle instability caused by the Middle East war. They pledged cooperation to manage challenges lik...
G7 finance ministers explore responses to Iran war falloutGlobal finance leaders met in Paris to address economic fallout from the Middle East conflict. France's finance minister called for increas...
Nayara Energy starts operations at Vadinar refinery after maintenance shutdownNayara Energy has restarted its Vadinar refinery. The facility, with a capacity of 400,000 barrels per day, resumed operations last week. T...
Reliance navigates volatile oil markets with agile sourcing, operational tweaksReliance Industries navigated a volatile energy market in FY26 by diversifying crude sourcing and maintaining operational agility. The comp...
EU considers helping with Mideast energy infrastructure to bypass conflict zonesEurope faces a severe fuel crisis and soaring energy costs due to the Iran war. The European Union is now exploring new energy routes in th...
China bans dual-use item exports to seven European entities over Taiwan arms salesThe entities, including German defence electronics firm Hensoldt AG and Belgian-based defence and sporting arms manufacturer FN Browning, h...
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...
EU to widen Iran sanctions over Hormuz blockadeThe European Union plans to broaden its Iran sanctions. New measures will target individuals and groups responsible for blocking the Strait...