India’s Chief Economic Adviser V. Anantha Nageswaran has suggested that the government consider restoring a lower ethanol-blended petrol option, such as E10, alongside E20, as concerns continue to grow among vehicle owners over the nationwide shift to higher ethanol blending. Nageswaran made the recommendation in an opinion article co-authored with Akash Poojari, a consultant in...
US President Donald Trump has said that a proposed bipartisan Russia sanctions bill may not be necessary, even as lawmakers continue to push legislation that could allow tariffs of up to 100% on countries purchasing significant quantities of Russian oil and natural gas. The proposal has attracted global attention because it could affect major Russian...
The United States Senate has advanced legislation aimed at imposing severe economic pressure on Russia by targeting countries that continue to purchase Russian oil and energy products. The bipartisan measure, which could pave the way for tariffs of up to 100 per cent on major buyers of Russian energy, has placed countries including India and...
The military confrontation between the United States and Iran continued for a seventh consecutive night, with fresh airstrikes and growing regional tensions fueling fears of a wider conflict across the Middle East. The prolonged exchange of attacks has significantly increased concerns over the security of the Strait of Hormuz, one of the world’s most strategically...
The Strait of Hormuz, one of the world’s most strategically important maritime corridors for energy transportation, is witnessing a significant decline in shipping activity as escalating tensions involving Iran continue to disrupt global oil trade. The slowdown has raised fresh concerns among governments, shipping companies, energy traders, and financial markets about the security of one...
The United States and Iraq appear to be moving toward a new phase of economic cooperation after US President Donald Trump suggested that major oil agreements could soon be announced between the two countries. The comments came during Iraqi Prime Minister Mohammed Shia al-Sudani’s official visit to Washington, where discussions focused heavily on energy investments,...
The Central government has strongly dismissed allegations that rice worth ₹1,160 crore was diverted for ethanol production in Madhya Pradesh, describing the claims as inaccurate and misleading. Officials clarified that the country’s ethanol blending programme operates under a transparent and well-regulated framework, with strict monitoring mechanisms in place to ensure that food security is not...
The Ministry of Petroleum and Natural Gas has stated that the use of E20 petrol, which contains 20 percent ethanol and 80 percent petrol, may lead to a slight reduction in vehicle fuel efficiency of up to 5 percent. However, the ministry emphasized that the environmental, economic, and strategic advantages of ethanol-blended fuel far outweigh...
India’s National Security Adviser, Ajit Doval, welcomed the reopening of the strategically vital Strait of Hormuz during discussions at a high-level BRICS security conclave, describing the development as a positive step toward regional stability and uninterrupted global trade. Addressing representatives from BRICS member nations, Doval underscored the importance of maintaining open and secure maritime routes,...
Global crude oil prices moved lower as investors responded to growing optimism surrounding a possible diplomatic breakthrough between the United States and Iran, alongside signs of improved stability in one of the world’s most critical energy transit routes, the Strait of Hormuz. The decline reflected easing fears over potential disruptions to global oil supplies, which...