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PRICE WARS IN CHINA
Airline ticket prices may stay high as carriers bank fuel relief from Iran dealA U.S.-Iran peace deal has lowered oil prices, promising billions in fuel savings for airlines. However, passengers may not see immediate f...
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
Markets on edge as US-Iran ceasefire deal leaves investors rattled by uncertainty: Seth R. FreemanDespite a US-Iran ceasefire framework, markets remain volatile due to unresolved issues like Iran's nuclear program and the Strait of Hormu...
Rupee rebounds, but risks aboundThe rupee has experienced a brief rebound fueled by optimism surrounding the potential reopening of the Hormuz Strait and a decrease in oil...
Aluminum’s war shock blunted by dark transits and Chinese supplyThe Iran war triggered one of the biggest shocks to the global aluminum market, raising fears of widespread smelter shutdowns and prices su...
India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
Iran war shock: Govt asks ONGC to build ₹15,000 crore strategic oil reserve at MangaluruIndia plans to boost its oil security. Oil and Natural Gas Corporation, ONGC, will build a new strategic petroleum reserve facility in Mang...
Brent crude oil price touches pre-Iran war lows after ceasefire dealOil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen th...
PetroChina forecasts Chinese oil consumption will drop 4.9% this yearChina's oil use is set to decline in 2026. This shift comes as the nation embraces new energy sources and faces elevated oil prices. PetroC...
PetroChina, Indian Oil fail to secure tankers to load Iraqi crudePetroChina and Indian Oil faced difficulties securing tankers for Iraqi crude. PetroChina and Indian Oil Corp could not find vessels. Sinoc...
China seeks to rein in 'unfair' food delivery competition with new rulesChina is seeking to crack down on 'unfair' competition among food delivery platforms by introducing new rules to limit subsidy campaigns th...
'I'm the boss', Trump says at G7, as he warms to Ukraine's war aimsGlobal leaders at the G7 summit have united in their support for Ukraine, vowing new sanctions against Russia. President Trump indicated a ...
'I'm the boss,' Trump says at G7, as he warms to Ukraine's war aimsGlobal leaders at the G7 summit in France have united to support Ukraine with fresh sanctions against Russia. President Trump declared 'I'm...
Iranian oil tankers pass US blockade after US-Iran deal, data showsIranian oil tankers are now sailing through a US blockade. This follows a deal to reopen the Strait of Hormuz. Three tankers carrying five ...
US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...
Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...
Alibaba bids $1.5 billion for China grocer Pupu in Meituan fightAlibaba is reportedly offering $1.5 billion for Chinese grocery delivery firm Pupu, initiating a bidding war to gain market share from riva...
US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrelIran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...
China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...