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GLOBAL ENERGY SUPPLY
US tariff waiver on Russian crude a comforting relief, but trade uncertainties persist: CareEdge Chief Economist Rajani SinhaCareEdge Chief Economist Raj Sinha said the US decision to waive sanctions provisions that could have led to tariffs of up to 100% on India...
500%, 100%, then a waiver: How India escaped Trump's Russia tariff threatIn the beginning it was 500%, then it came down to 100% and then, a waiver. This is how the tariff threat has evolved from an ambitious pro...
Brent crude oil prices hit $110 for first time since May as Iran attacks continue, Ukraine eyes Russia energy infraBrent crude surpassed $110 per barrel as escalating attacks around the Strait of Hormuz and renewed Russia-Ukraine hostilities heightened g...
Why India's steel demand is defying global weaknessIndia’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input co...
ReNew CEO warns China reliance puts energy transition at riskChina's dominance in solar panel production, controlling approximately 90%, poses risks to the global transition towards renewable energy a...
Pump price before politics: Is Trump's Russian diesel purchase a necessary compromise or blatant hypocrisy?Recent actions by Donald Trump to secure Russian diesel imports highlight the complexities of US energy policy, balancing domestic fuel pri...
India continues to advocate for stability in global energy market as US announces diesel deal with RussiaIndia's Ministry of External Affairs has reiterated its call for stability in global energy markets. Concerns were communicated to the US r...
Global Market | European companies better positioned to withstand energy price shock than in 2022: AnalystsEuropean companies appear better equipped to withstand rising oil and gas prices than during the 2022 energy crisis, supported by changing ...
El Niño warmth offers Asia relief from winter energy strainWarm deviations of as much as 2C higher than usual are also set to gradually encompass most of China, except the heavily populated eastern ...
We are sharing intel with Ukraine: Trump says US helping Kyiv, Moscow to end warUS President Donald Trump stated that intelligence sharing with Ukraine about the ongoing war with Russia continues. He believes both natio...
Trump's oil jawboning loses punch as wars spiralDonald Trump’s ability to talk down oil prices is fading as the Iran war drags on and regional violence continues. Despite a recovery in oi...
Crude oil crisis in Hormuz: Much more than just price and quantityThe conflict in Iran has closed the Strait of Hormuz, severely impacting global oil shipments and market dynamics. While oil availability h...
Global Market: China's yuan holds near 3-year high despite strong dollar; PBOC fixing supports currencyChina’s yuan remained near a three-year high against the dollar, supported by central bank guidance and strong foreign exchange settlement....
IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
Oil Price Today (October 13): Crude oil falls to $105 as traders assess Russian supply, Mideast attacks. What’s next?Brent crude futures fell 61 cents, or 1.05%, to $105 a barrel, while US West Texas Intermediate crude futures declined 92 cents, or 1.05%, ...
Oil ticks lower as Russia diesel supply prospects counter Gulf supply risksOil prices dipped following a prior rise, with Brent crude futures down by 61 cents per barrel. Traders weighed supply risks stemming from ...
IMF says AI investment keeps global growth around 3%, with major Asia benefitsStrong investment in artificial intelligence infrastructure is helping keep global economic growth at around 3%, despite disruptions to ene...
AI investment boosts growth prospects for Asian economies: IMFIMF Managing Director Kristalina Georgieva said artificial intelligence infrastructure investment is supporting global growth at around 3%,...
Global Market: South Korean shares fall nearly 2% as Middle East tensions weigh on sentimentSouth Korean shares fell nearly 2% on Monday as renewed Middle East attacks heightened concerns over global energy supplies. Foreign invest...
Russia partially lifts diesel export ban after Putin-Trump deal to supply US, global marketsRussia has partially lifted its diesel export ban with immediate effect following an agreement between President Vladimir Putin and US Pres...