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GLOBAL DIESEL SHORTAGE
$48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
World faces fresh food price surge, FAO warnsGlobal food prices may rise significantly by year-end and next year. Conflicts in Iran and Ukraine are impacting agricultural inputs and tr...
World faces fresh food price surge, FAO warnsGlobal food prices may rise by year-end and next year. Wars in Iran and Ukraine impact agricultural inputs and exports. Extreme weather eve...
Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
He could have joined Tesla. Instead, this Bengaluru techie quit Toyota and Volvo to build electric tractors for farmersBengaluru startup Moonrider is developing electric tractors for Indian farmers. The company aims to replace diesel-powered machines with su...
El Niño worsens plight of Asia’s rice belt after war price shockLower harvests risk driving up global food prices and inflation. This situation threatens food security for millions across developing Asia.
- Cutting off Red Sea oil route may be one crisis too many
The Red Sea conflict has disrupted oil flows, impacting global energy markets. This escalation is now forcing oil tankers to reroute, incre...
South Africa's data centre 'gold rush' risks resource crunchSouth Africa is becoming Africa's digital hub with expanding data centres. This growth, however, raises concerns about electricity and wate...
South Africa's data centre 'gold rush' risks resource crunchEmerging as the digital powerhouse of Africa, South Africa's expanding data centers play a vital role in reinforcing national security and ...
Relieved that crude has finally fallen? The real warning signs just began flashing elsewhereAs the Iran crisis enters its fifth month, traders have become increasingly convinced that Trump will do almost anything to avoid a politic...
China's oil fortress will reshape the global orderChina shielded itself from the Iran war's energy shock by cutting crude imports and restricting fuel exports. This move demonstrated its ca...
Asian refiners may be the surprise winners of fresh fuels crunchAsian refiners are well positioned to ship petroleum products globally. Renewed Middle East conflict and Russian diesel export bans are tig...
India raises windfall tax on diesel, jet fuel exports; cuts levy on petrol exportsIndia's government has adjusted windfall taxes on fuel exports, effective July sixteenth. The export duty on petrol has been reduced to two...
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...
In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...
Russia's diesel export ban deepens global supply crunchRussia's diesel export ban has significantly impacted global energy markets. This action exacerbated existing fuel shortages and drove pric...