Modi-Trump reset? Trade, tariffs and trust dominate G7 talks
During the recent G7 Summit in Evian, the Indian Prime Minister and the US President engaged in bilateral…
China’s Oil Refiners Slash Output After Crude Imports Plunge
(Bloomberg) Chinese oil refiners sharply reduced output last month to the weakest level in nearly four years, after the…
Europe’s new oil price caps won’t harm Russian economy
One of the artifacts of the post-2022 sanctions regime against Russia, still kicking around, is the oil price…
Rubio’s visit to India focuses on US trade tensions
U.S. Secretary of State Marco Rubio’s visit to India marks an effort by Washington and New Delhi to…
Ukrainian drone attack sparks huge fire at key Russian oil terminal
A Ukrainian drone attack ignited a fire at another Russian oil terminal overnight, local officials in Russia’s Krasnodar…
Venezuela Emerges as India’s Third Largest Crude Oil Supplier Amidst Hormuz Crisis | Ratopati
As the race to find alternative energy sources continues in the wake of the war in Iran and…
The tide is turning in Russia-Ukraine war
In the early hours of May 17, more than 500 Ukrainian drones punched through three of Moscow’s four…
India Seems to Move From Russian Oil to Venezuela Crude Imports Amid US Pressure
Venezuela emerged as the third-largest supplier of crude to India in the month of May, surpassing Saudi Arabia…
Bharat Petroleum hikes Russia’s share in crude oil purchases to 41% in bid to fill supply gaps
According to the senior executive at BPCL, Russian crude constituted about 25% of the overall basket in the…
China Burns More Fossil Fuels for Power as Coal Production Slips
(Bloomberg) — China’s thermal power generation grew for a fourth straight month in April even as coal output…
US Allows Russia Oil Sales Waiver to Expire Despite Tight Market
(Bloomberg) — The Trump administration allowed a waiver that encouraged more Russian crude sales to lapse, even as…
Hungary Sticks with Russian Energy despite EU Reset
Ministerial hearings are already underway as Hungary’s new Tisza government takes shape, offering the first detailed insight into…