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World Oil Market to Face Deficit Soon If Strait of Hormuz Blockade Continues - Gazprom Neft
MOSCOW (Sputnik) - The global oil market will face a very serious deficit in 2-3 months if the blockade of the Strait of Hormuz continues, Russian oil producer Gazprom Neft CEO Alexander Dyukov said on Thursday.
LPG, petrol shipments arrive at Port Qasim
KARACHI: The government has stepped up efforts to tackle the energy situation, with multiple shipments of LPG and petrol arriving at Port Qasim, officials said on Thursday. Authorities confirmed that there is no shortage of LPG or petroleum products in the country, adding that more vessels are expec...
First results of national business model to be reviewed before SPIEF — Putin
According to the Russian leader, the model comprises main areas of actions, what should be specifically taken at the legislative, political level to simplify the corporate work, to improve the investment climate
Russian crude oil prices hitting premium price levels
Russia has sold crude without discounts and, on some routes, at a premium, Deputy Prime Minister Aleksandr Novak has said Read Full Article at RT.com
EPA approves sale of higher ethanol fuel in bid to lower gas prices
Higher blend has been prohibited in warm weather because of concerns it could worsen smogThe US Environmental Protection Agency said Wednesday that it would temporarily allow widespread sales of a higher ethanol gas blend in a move that they hope will tamp down consumer prices that have soared since...
Don't miss these 3 financial tasks before March 31, 2026
Dont miss these financial tasks before March
China to apply tariff reduction to some of Republic of Congo imports
China will from April 1 apply agreed tariff rates to certain imports originating in the Republic of the Congo, the Customs Tariff Commission of the State Council said on Thursday.
Credit Problems Jump After Betting Is Legalized, Fed Study Finds
US states that have legalized sports betting have seen a rise in delinquency rates on consumer credit products and a decrease in credit scores, according to a new report from the Federal Reserve Bank of New York.
Australian petrol stations report 25% surge in demand as governments plan for ‘biggest energy crisis in history’
Rationing is not under consideration yet as hundreds of retailers report being without one or more types of fuelGet our breaking news email, free app or daily news podcastPetrol stations are reporting a surge in demand of up to 25% in the last fortnight alone on top of already major spikes earlier i...
Australia urged to swap diesel for electric buses as fuel costs soar
Electric buses are just 1% of the Australian fleet compared with 80% in urban China, a quarter in the Netherlands and 12% in the UKFollow our Australia news live blog for latest updatesSign up for climate and environment editor Adam Morton’s free Clear Air newsletter hereAs diesel climbs past $3 a l...
Blankfein Warns of Risk in Private Credit
Lloyd Blankfein, former chief executive officer of Goldman Sachs Group Inc., talks about the growing risk of a widespread markdown in private markets. He spoke to Bloomberg's Francine Lacqua in London. (Source: Bloomberg)
Back From Venezuela, Veteran Investor Calls Its Debt a Top Bet
Veteran investor Arif Joshi flew to Caracas this week to get a read on where Venezuela is heading after the end of a 13-year presidency that left it in default on its debt and isolated from the global economy.
UK consumer sentiment slides to weakest in over two years, BRC survey shows
British households’ expectations for their own finances and the state of the economy have fallen to their weakest in at least two years as the Middle East conflict raised the prospect of higher inflation, according to a survey on Thursday. The British Retail Consortium said households’...
Morocco Charts $4 Billion Hotel Growth Ahead of World Cup 2030
Morocco, already the leading tourist destination in Africa, is embarking on a $4 billion effort to boost its hotel capacity by 20% before it co-hosts the FIFA World Cup in 2030. The post Morocco Charts $4 Billion Hotel Growth Ahead of World Cup 2030 appeared first on Morocco World News.
UK blocks China wind turbine project on ‘national security’ amid tense business climate
Britain’s decision to block a £1.5 billion (US$2 billion) plan by Chinese clean energy giant Mingyang to build the UK’s largest wind turbine factory in Scotland highlights the mounting challenges of doing business with China in an era of deepening global mistrust, analysts said. The move was likely...
Google’s TurboQuant AI advance dents memory-chip stocks, but analysts say ‘buy the dip’
A new artificial intelligence algorithm developed by Google that could reduce demand for memory chips triggered a slump in global memory stocks, but analysts said it presented an opportunity for investors to “buy the dip”. Shares in memory giants including Samsung and SK Hynix fell after Google said...
Why the UP government backtracked after announcing a Rs 25,000 crore MoU with AI startup
Why the UP government backtracked after announcing a Rs crore MoU with AI startup
Key Russian Oil Port Resumes Loading Amid Attempt to Divert Flow
Russia’s top oil port in the Baltic Sea resumed loading days after it came under attack from Ukrainian drones, although the company that pipes crude there said it is trying to divert barrels elsewhere because of the incidents.
China-Laos Railway transports over 80 million tonnes of cargo
China-Laos Railway transports over 80 million tonnes of cargo
High gas prices impact food delivery drivers, farmers
The national average price for gas has climbed more than 30 cents over the past month amid the Iran war. A man near Dallas earning extra money for his family through DoorDash told CBS News the rising prices are cutting into his family's wellbeing. The costs are also impacting farmers and consumers....