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Thursday, April 30, 2026
TopicOil exports

Topic: Oil exports

War fears push UAE to discuss currency swap line, hint at yuan oil sales if dollars dry up: WSJ report

Shift from dollar to yuan could threaten petrodollar system, a 1970s arrangement where oil-exporting nations price their oil exclusively in US dollars in exchange for US security guarantees.

Our take on cow vigilantism, Manipur unrest, and SC guidelines on bulldozer justice—in 50 words

ThePrint view on the most important issues this week.

253788% —that’s no typo, it’s how much India’s petroleum exports to Europe have risen since 2018

In terms of value, India’s petroleum exports to key European markets saw 250% growth. It was driven first by pandemic-related factors, and then the war in Ukraine.

Suez Canal blocked as massive cargo ship runs aground in Egypt, causes pileup of 100 vessels

The hull of Ever Given became wedged lengthways across the canal Tuesday, causing a pileup of at least 100 vessels seeking to transit between the Red Sea and Mediterranean.

Renewed US sanctions on Iran come as a lottery to Uco Bank

Kolkata: Renewed U.S. sanctions on Iran’s oil exports are giving a boost to the profits of one of India’s smaller state-owned banks, which has...

On Camera

New promo video by PLA Navy is a teaser of China’s deep blue capabilities

Rather than functioning as conventional propaganda, the video operates as a device for interpretation, subtly shaping expectations about future developments in China’s naval trajectory.

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

Indian drone tech company ideaForge signs MoU with Japanese firm to develop next-gen AI powered drones

By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.