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Governments worldwide shield households from rising energy costsNations globally are taking action to protect citizens from rising energy prices. Countries are introducing subsidies, tax cuts and fuel co...
India bans sugar exports till September to stabilise domestic pricesIndia has banned sugar exports until September 30. This move aims to stabilize domestic prices as supply tightens. The ban applies to raw, ...
Explained: Why Balrampur Chini, Dhampur Sugar, other stocks tumbled up to 4% on ThursdaySugar stocks declined up to 4% on Thursday after India prohibited sugar exports with immediate effect until September 30. This move comes a...
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
Beijing tells China companies to ignore US sanctions on refinersChina's commerce ministry said the sanctions unlawfully restrict normal trade with third countries and violate international norms. In a ra...
Iran war hands OPEC's swing producer crown to AmericaAmerica is now the world's energy superpower. The Iran war caused an oil crunch, but the U.S. is helping. It is increasing oil exports and ...
Shipping data shows China trimming fuel exports, not haltingChina is reducing refined fuel exports, not banning them. Shipments to countries like Malaysia and Australia continue. April export cuts ar...
India's Russian oil imports more than triple to 5.3 billion euro in MarchIndia’s crude oil imports from Russia surged in March, with purchases tripling to €5.3 billion as volumes doubled and prices rose, accordin...
India diesel exports to SE Asia hit 7-year high in March due to Iran war, data showsIndia's diesel exports to Southeast Asia hit a seven-year high in March, driven by traders covering short positions and refiners capitalizi...
Centre holds back on fuel exports ban due to logistics, tax hurdles as West Asia conflict ragesIndia is not banning fuel exports despite global supply issues. Logistical hurdles, contractual obligations with overseas buyers, and tax w...
Sanctions on Russian oil unlikely to hit Indian OMCs hard: FitchFitch Ratings indicates US sanctions on Rosneft and Lukoil, and EU refined product bans, are unlikely to significantly impact Indian state-...
Indian refiners likely to face headwinds from new EU sanctions against Russia: ICRAIndian refiners may face setbacks due to the EU’s 18th sanctions package against Russia, which bans imports of refined products made from R...
India’s $15 bn oil exports to EU at risk amid new Russia sanctionsIndia’s petroleum exports worth $15 bn to the European Union may be at risk due to the EU's new sanctions targeting refined products made f...
Europe rushes to stock up on diesel ahead of Russian banThe European Union banned seaborne Russian crude imports from Dec. 5 and will ban Russian oil products from Feb. 5, in a move aimed at depr...
Russia may raise crude exports if EU ban hits sale of petro productsRussia will produce at least some 490 million to 500 million tons of oil next year, Novak said on Sunday reiterating his earlier estimates....
Oil market has lately been roiled by West, Russia will decide what happens next, says reportOn December 5, the oil embargo, which the European Union agreed upon in May, came into effect.
India gorges on cheap Russian crude, but its fuel exports at riskImports of Russian crude by India hit a record high in May, and will likely rise again in June, according to data compiled by commodity ana...