U.S. sanctions are severely impacting Russia’s Arctic oil exports, stranding supplies and disrupting logistics. Russia’s Arctic Oil Faces Major Disruption Due to U.S. Sanctions Moscow: So, it turns out that Russia’s Arctic oil business is really feeling the heat from U.S. sanctions. These sanctions are hitting hard, especially on their tankers and storage facilities. As…
Investors brace for more losses in Indian stocks amid slowing growth and inflation. India’s $556 Billion Equity Market Faces Tough Times as Growth Slows Mumbai: Investors are feeling the heat as Indian stocks are expected to take another hit. The economy is slowing down, and inflation is sticking around, which is hurting corporate earnings and…
RBI Governor Sanjay Malhotra hints at allowing a more flexible rupee while managing volatility in the foreign-exchange market India’s RBI Governor Open to More Flexible Rupee Amid Economic Changes Mumbai: So, the new RBI Governor, Sanjay Malhotra, is shaking things up a bit. He’s open to letting the rupee move more freely, which is a…
Indian refiners believe Moscow will find ways to bypass recent US oil sanctions Indian Refiners Expect Moscow to Navigate New Oil Sanctions Smoothly Mumbai: State-owned oil refiners in India, the biggest buyers of Russian crude, think the latest US sanctions might not last long. They believe Moscow will find ways around these restrictions, especially with…
Freight rates for oil shipments have surged following new US sanctions on Russian oil, impacting global trade routes. Oil Shipping Rates Soar as US Sanctions Tighten Global Fleet Singapore: So, it looks like oil shipping rates are going through the roof! After the U.S. slapped new sanctions on Russian oil, traders are scrambling to book…
Apollo Global Management is exploring an IPO for Tenneco’s India unit, potentially valuing it at $2 billion and raising up to $500 million. Apollo Considers $2 Billion IPO for Tenneco’s India Business Mumbai: So, here’s the scoop. Apollo Global Management is thinking about taking Tenneco’s India business public. They’re chatting with some folks about an…
India’s inflation has decreased, but a falling rupee may delay interest rate cuts by the central bank India’s Inflation Eases While Rupee Slump Dims Rate Cut Hopes Mumbai: India’s inflation has taken a bit of a breather, dropping to 5.22% in December compared to last year. But don’t get too excited just yet. The rupee…
Asian refiners and traders are in turmoil as new sanctions disrupt Russian oil imports Top Asian Oil Buyers Face Chaos Following New Russian Sanctions Beijing: Refiners and traders in Asia are feeling the heat after the US rolled out tough new sanctions on Russia’s oil industry. This has thrown a wrench into the works for…
India’s rupee has fallen past 86 per dollar, driven by strong US jobs data and rising oil prices, impacting local markets and investor sentiment. Rupee Hits New Low Beyond 86 as Dollar Strengthens and Oil Prices Surge Mumbai: The rupee just dropped past that big 86 mark against the dollar. This happened after some strong…
Oil prices have jumped significantly following new US sanctions targeting Russia’s energy sector, raising concerns over global supply. Oil Prices Surge to Four-Month High Amid New US Sanctions on Russia Bloomberg: Oil prices are on the rise, hitting a four-month high. This comes after the US rolled out new sanctions against Russia’s energy sector, which…
