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FUEL RATIONING IN RUSSIA
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...- Ukrainian drones batter Russian oil facilities and set more oil tankers ablazeUkrainian drones struck Russian oil facilities, igniting fires and causing fuel shortages across regions. Two oil tankers in the Sea of Azo...
- India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...
- Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisisUkrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This...
- Why India stayed resilient through the Hormuz crisisIndia successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West As...
- Iran war puts Bangladesh’s nascent industrial dreams at riskBangladesh's economic growth is threatened by an energy shortage, leaving new industrial facilities idle. The country faces painful impacts...
- Will fuel shortages ruin summer vacations?With the summer travel season on the horizon, the shadow of fuel shortages looms large. The ongoing strife between the U.S. and Iran has sh...
- What are Asian countries doing to offset the oil-price riseGlobal oil prices surge and markets fall amid fears of inflation and slowed growth. Asian countries, heavily reliant on Gulf oil, are takin...
- Russia still rules India’s oil chart and Middle East war may keep the flow coming from MoscowIndia's crude oil landscape is shifting as Russia retains its title as the top supplier. Meanwhile, Saudi Arabia is ramping up its exports,...
- Russian oil export revenue hit lowest level since invading Ukraine: IEARussia is the world's third largest oil producer and income from fossil fuels is vital for its state finances, under pressure from meagre e...
- Gas crunch eases in Europe - but the respite might not lastUncertainties include not only the weather but how responsive people will be to appeals to turn down their heating and how much demand ther...
- UK PM Liz Truss defends power bills hike, cites 'security', Russia-Ukraine crisis. Details herePrime Minister Liz Truss claimed that higher energy bills are a small price for the UK's long-term stability.
- German central bank sees signs of recession 'multiplying'"The signs of a recession for the German economy are multiplying," the Bundesbank said in its monthly report, warning of a "broad-based and...
- Oil rises as Russian gas cut to Europe may encourage switching to crude"But a tug-of-war between concerns about weakening demand due to the economic slowdown amid rising U.S. interest rates and fears of supply ...
- Invasion of Ukraine number one concern for India followed by cost-of-living crisis and climate change: Kantar StudyThe Russia-Ukraine war is the biggest concern in India for 37% Indians, although it is significantly lower than the global average of 64%. ...
- Bankrupt Sri Lanka opens oil market to foreign firmsThe South Asian island country is suffering an unprecedented economic crisis because it cannot afford to import essentials, including enoug...
- Crisis-hit Sri Lanka re-introduces fuel rationingFor several months, Sri Lankans have endured long lines to buy fuel, cooking gas, food and medicine, most of which come from abroad. Shorta...
- Ukraine war's food crisis is worst since WWII: UN food chiefDavid Beasley, executive director of the UN World Food Program, told the UN Security Council that already high food prices are skyrocketing...
- Fuel trickles into private pumps as retail prices riseIn an emailed response, a Nayara Energy spokesperson said: "The industry had not implemented a price hike at retail fuel stations since Nov...
- Government holds discussions with stakeholders in aviation industryRaju said the Centre will take up the issue with all State Governments at a meeting called tomorrow and request the states again to reduce ...
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