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OIL SUPPLY SHORTAGE
What the closure of Saudi Arabia's East-West pipeline means for oil flowsSaudi Arabia closed a major oil pipeline after a drone attack, raising global energy shortage fears. This closure threatens to remove milli...
War in the Middle East is making clothes more expensiveThe ongoing conflict in Iran is causing significant disruptions in global apparel supply chains.
The world wishes it had a 'diesel printer' as two wars push fuel to the brinkThe world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...
Oil markets survived the Iran war sprint. Now comes the marathonThe Iran war is increasingly looking like a prolonged threat to global energy markets, rather than a short-term supply shock. Crude has ris...
New wave of Houthi missile strikes in southern Saudi Arabia, claims Iran's Press TVA new wave of Houthi missile strikes was reported towards Saudi Arabia, with warnings issued and later lifted for residents in Khamis Musha...
Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
India ramps up domestic LPG production as renewed US-Iran attacks spark fresh fears over Strait of Hormuz suppliesIndia is increasing domestic cooking gas production to address supply gaps. Local refiners aim to add over ten percent to current output le...
Too early to wave red flag over pink slipsIndia is witnessing a resurgence of job cuts in the multinational sector, particularly within the tech and electronics fields. However, the...
Sweet trouble: Sugar prices surge to 17-month high as govt warns mills against festival hoardingRaw sugar futures have reached their highest level since March 2025. Strong Indian import demand and Brazilian supply disruptions are drivi...
State oil companies lose up to 35% bulk diesel salesState oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...
Government should adopt flexible approach to ethanol-blended petrol programme: ICRIER paperA research paper recommends flexibility in India's ethanol blending program targets. It suggests maintaining E20 as a long-term goal while ...
Copper hits new peak of $14,533/metric ton. Can its reddish glow brighten even further?Copper prices hit a record high of $14,533 per metric ton as tight mine supply, a weaker dollar and structural demand from electrification,...
Copper prices scale fresh record high as focus turns to tight supplies outside USCopper prices hit a record high as concerns over shortages outside the US boosted buying, while a weaker dollar supported metals. LME coppe...
Qatar sends empty LNG ships back toward Gulf amid signs exports could resumeSeveral LNG tankers associated with Qatar are currently en route to the Persian Gulf, hinting at a potential restart of shipments through t...
Crude oil rally nears $100: Will geopolitical risks push prices higher?Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply rem...
Iran-US attacks restart: Refiners in the crosshairs again as some Gulf cargoes stand delayed, cancelledIndian refiners face mounting crude supply disruptions from the Gulf region. Rising vessel attacks and transit bottlenecks are causing sign...