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REGIONAL FUEL CRUNCH
India set to hike biogas prices, subsidies under new programIndia is launching a new program to significantly increase compressed biogas production. Higher guaranteed purchase prices and subsidies wi...- Why Asia's oil lifeline can't survive on US crude aloneAsian nations are receiving more crude oil from the United States. However, these increased shipments cannot fully replace oil lost due to ...
- SpaceX, OpenAI windfall fuels bets on next-wave Asian AI winnersAnticipating significant capital raises from tech giants like SpaceX and OpenAI, investors are shifting focus to Asian supply chain compani...
- 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...
- Iran war crisis: With long-term vision, India could turn turmoil into triumphIndia confronts an economic crisis driven by global events. Import duties on gold and silver are an initial step. Policymakers warn of crun...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- 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...
- Sri Lanka raises electricity tariffs for third time this yearSri Lanka has increased electricity tariffs again. Consumers using more than 180 units monthly will see an 18 percent hike. This is the thi...
- India-linked ship carrying cooking fuel manages Hormuz exitAn India-linked LPG tanker, Sarv Shakti, has successfully crossed the Strait of Hormuz, marking a rare transit amid ongoing restrictions li...
- Europe's jet fuel imports from Middle East stop, raising supply crunch fearsEurope's jet fuel imports from the Middle East are stopping. This could cause a shortage before summer travel. Jet fuel prices are high, ov...
- Charting the global economy: Euro area business activity sagsEuro area business activity contracted as the services sector weakened due to the Middle East war, while US retail sales surged, indicating...
- EU considers helping with Mideast energy infrastructure to bypass conflict zonesEurope faces a severe fuel crisis and soaring energy costs due to the Iran war. The European Union is now exploring new energy routes in th...
- Military-grade jet fuel cargoes from US show scale of Iran war impactUnusual US fuel shipments to Asia reveal global oil supply chain disruptions. Military-grade jet fuel and diesel are sailing from Washingto...
- India among the worst hit by West Asia crisis, says Gita Gopinath; oil, food and fertilisers all at riskIndia faces severe economic challenges from the West Asia conflict. Disruptions affect oil, gas, and supply chains. Actual shortages are oc...
- Middle East crisis to keep LNG markets 'tight' till 2027: IEAGlobal LNG markets face tightness until 2027. Middle East conflict disrupts supply and delays new capacity. Shipping disruptions have remov...
- Traveling this summer? Major airlines cut routes — check the list to see if you are affectedAirlines Cut Routes Due to Rising Fuel Costs from the Iran War — Is Your Summer Flight at Risk? Jet fuel prices have doubled since the war ...
- Is it time to abandon hope the Strait of Hormuz will open soon?The closure of the Strait of Hormuz has thrown global oil markets into turmoil, deepening an energy crisis with far-reaching effects. Asia,...
- Gujarat Gas rises 7% after Nomura upgrade. Is the Iran war a buying opportunity?Gujarat Gas shares saw a significant jump after a major brokerage upgraded the stock. The US-Iran conflict is creating supply chain disrupt...
- India's crude oil reserves can cover only 20-40 days, not several months: Petroleum Regulatory Board SecretaryIndia's liquid fuel reserves can last only 20 to 40 days. The government is closely monitoring the West Asia crisis and has put measures in...
- Received energy supply requests from Bangladesh, Sri Lanka and Maldives: MEAIndia is responding to energy supply requests from Bangladesh, Sri Lanka, and the Maldives. The West Asia conflict has disrupted global oil...
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