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GLOBAL ENERGY SUPPLIES
Six months on, Hormuz remains disrupted as ships stay awaySix months after conflict began, Strait of Hormuz shipping remains significantly reduced. Commercial traffic operates at a fraction of pre-...- India reaches out to Russia with Modi's letter to PutinExternal Affairs Minister S. Jaishankar met Russian President Vladimir Putin in Moscow. He conveyed a personal communication from Prime Min...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
- PM Modi, Putin set to meet at SCO Summit; another meeting likely this yearRussian President Vladimir Putin anticipates meeting Indian Prime Minister Narendra Modi soon. They will likely meet again later this year ...
- Global Market: European shares edge lower as investors await Iran sanctions detailsEuropean shares edged lower on Monday as technology stocks came under pressure, while investors awaited US sanctions on Iran, Nvidia’s resu...
- ET WLF: India raised Chinese business visa denial issue with Beijing, assures EAM JaishankarExternal Affairs Minister S Jaishankar said India has raised with China the issue of Indian businessmen facing difficulties in getting Chin...
- ET World Leaders Forum: India needs to make the shift from 'petro state' to 'electro state'India needs to shift from a “petro state” to an “electro state” as rising power demand from EVs, AI and data centres accelerates the push f...
- Need to scale storage capabilities amid growing RE capacity: Industry expertsIndia's renewable energy growth demands more storage systems now. Domestic battery manufacturing capacity remains very low compared to futu...
- India’s sugar stockpile set to shrink as output estimate falls: GovtIndia's sugar production estimate has fallen significantly, impacting opening stocks for the new season. This lower output is expected to m...
- ET World Leaders Forum 2026: ‘Just in time’ is over, says Jaishankar on why a riskier world needs a ‘just in case’ approachThe world faces heightened uncertainty as the old global order unravels. Countries and businesses must build resilience into their economic...
- ‘Distrust and diversify’: Jaishankar’s mantra for businesses as global risks reshape supply chainsS Jaishankar, the External Affairs Minister, has outlined a vital four-part framework tailored for businesses and policymakers. Highlightin...
- US military moves 15 million barrels through Hormuz amid standoff with IranOver fifteen million barrels of oil moved through the Strait of Hormuz with US military assistance. Total shipments leaving the region, inc...
- Welspun bags biggest Rs 17,000 crore US order for pipe supplyWelspun Corp has secured its largest-ever single order worth ₹17,200 crore for supplying pipes from its US manufacturing facility, with exe...
- Welspun Corp shares surge 9% after Rs 17,200 crore order win; global order book hits record Rs 42,000 croreWelspun Corp share Price: Welspun Corp shares rallied as much as 9% after the company secured its largest-ever order worth $1.8 billion, or...
- Welspun Corp bags biggest-ever ₹17,200 crore US pipe order, shares soarWelspun Corp secured its largest order valued at $1.8 billion for US pipe supply. This significant contract will be executed during fiscal ...
- India enters 'long-term arrangement' with Mauritius to supply petrol, diesel and aviation fuelIndia has signed a long-term supply arrangement with Mauritius for petrol, diesel and aviation fuel, strengthening energy cooperation betwe...
- India Inc should utilise FTAs, focus on value addition, diversify export markets, says govt officialIndustry must utilize free trade agreements for expanded market access and investment. Value addition and supply chain resilience are cruci...
- The Iran war energy crisis is just getting startedThe Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...
- US refiners ramp up buybacks as Iran war boosts fuel marginsUS refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...
- Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s whyThe Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...
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