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Sunday, April 12, 2026
TopicBloomberg wire

Topic: Bloomberg wire

India ramps up Russian oil buys as Gulf supplies tighten

Imports from Russia averaged 1.98 million barrels a day in March, the highest since June 2023, according to data from intelligence firm Kpler.

India’s urea output set to normalise as gas supplies recover

Production, hit by West Asia-linked gas disruptions, fell by 800,000 tonnes in March. Flows are now at 95 percent ahead of key monsoon sowing season.

US officials flag new AI cyber risks in closed-door Wall Street meet

Anthropic’s powerful ‘Mythos’ model can uncover hidden software vulnerabilities, raising fears of misuse by hackers and states.

Fuel shock hits Asia’s rice bowl as farmers cut planting

War-driven surge in fuel and fertilizer costs forces farmers across Southeast Asia to delay harvests, scale back sowing and risk lower output.

Iran says ships must seek army approval to cross Strait of Hormuz

Despite a 14-day US-Iran ceasefire tied to reopening Hormuz and Tehran allowing transit, shipping through the key maritime chokepoint remains largely halted.

Stocks fall, oil prices climb as Trump issues fresh threat to Iran ahead of his deadline

Fears that an escalation of the conflict could heighten a fuel squeeze & endanger the economy unnerved traders, with NYT reporting Iran stopped negotiating a truce with the US.

On NASA’s Artemis II moon mission, biggest issue has been the toilet

Getting a complex toilet system to work on the Orion capsule has become a recurring issue. NASA suspects ice buildup may have been blocking the nozzle that drains wastewater into space.

Pakistan to repay matured loan deposits to UAE, move to strain its reserves

Islamabad has about $12 billion in debt from friendly countries, mainly China, Saudi Arabia, and the UAE, which have kept extending the loans every year at maturity.

Saudi Arabia raises price of main oil grade to Asia to a record high premium

Saudi Aramco will increase flagship Arab Light crude prices for May sales to a premium of $19.50 over regional benchmarks for refiners in Asia, still less than what traders anticipated.

World’s largest fertiliser importer India issues tender as war hits domestic production

India is seeking to buy about 2.5 mn tonnes of the key crop nutrient ahead of the monsoon sowing season as the West Asia conflict disrupts domestic production, tightening availability.

On Camera

I turned up at Asha Bhosle’s door as a fan. She invited me home

The words she wrote in our autograph book echo in my mind now: 'Mar kar bhi jo jeete hain, wohi jeete hain'—The only lives worth living are those remembered long after death.

Fuel shock hits Asia’s rice bowl as farmers cut planting

War-driven surge in fuel and fertilizer costs forces farmers across Southeast Asia to delay harvests, scale back sowing and risk lower output.

Iran’s Shahed vs US’s LUCAS—The drone arithmetic reshaping the West Asia war

From Kyiv to the Gulf, Iran’s Shahed rewrote the rules of aerial warfare. Now, the US has its own copy of the cheap drones, LUCAS.

The world’s in a flux. India must reform, consolidate & build a strong economy

We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.