Aluminum prices, already rising before the conflict, have gained further as traders and buyers focus on the potential for tighter markets and shrinking global inventories.
When conflict with Iran ends, says the report, area’s key players are likely to reexamine longstanding assumptions & alliances as they determine how best to advance their interests.
Chief Minister M K Stalin says he already wrote to PM & Union ministers, urging immediate action to restore LPG, petrol & diesel supplies. BJP going extra mile to dispel 'narrative'.
Multiple companies have invoked the principle of ‘force majeure’, which lets a party off the hook in case of unforeseen ‘acts of God’, to avoid penalties.
Indian refiners had been importing roughly 1 mbpd of Russian crude in the recent months, and the waiver will effectively allow them to lift volumes above this baseline.
LPG supply eased for more industries, govt says coal gasification is next growth avenue. Centre welcomes US-Iran ceasefire but asks Indians to leave Iran.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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