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Tuesday, September 30, 2025
TopicOPEC

Topic: OPEC

US sanctions on Venezuela can divert flood of cheap oil to India, China

Venezuela was fourth-biggest crude supplier to India in 2018 & cheap supplies can help Modi govt before polls.

Iraq may have ‘fourth-biggest oil producer’ tag, but there is little to show for it

For all its petro-wealth, Iraq lacks steady electricity supplies and has trouble attracting the kinds of investment needed to create jobs.

6 foreign trips MJ Akbar will no longer make, govt scrambles to find replacement

M.J. Akbar, who resigned as Minister of State for External Affairs Wednesday, was liaising with Muslim countries in Central and West Asia and Africa.

Traders predict oil prices to touch $100 per barrel as Iran reels under US sanctions

The Iranian market doesn’t have much capacity left to replace more than 2 million barrels a day of exports that could be lost to sanctions.

Iran’s export pain could mean a hot winter for oil

Oil exports are down by almost a third since U.S. said it would withdraw from the nations’ nuclear deal and reimpose sanctions.

China-India ‘oil buyers’ club’ to challenge OPEC monopoly could be a game-changer

Led by countries that have vowed for big electric push, the counter-cartel could help phase out petroleum products.

India seeks ‘responsible’ OPEC decision as Vienna tensions mount

Oil minister Dharmendra Pradhan says the government believes that $55 to $60 a barrel is a reasonable price level for now.

Trouble looms for India as shipping revolution to push oil prices to $90 a barrel

Changes that force vessels to consume lower sulphur fuels in 2020 will lead to a boom in middle distillate products, triggering crude demands.

On Camera

Global development finance has lost its way. China can step in but India has an edge too

India can take the discourse of development beyond instrumental power play—build solidarities across the emerging economies and bargain for equity.

Market regulator SEBI clears Adani Group of impropriety alleged by Hindenburg Research

SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.

In Nepal, young dreams of serving in Indian Army crash as Agnipath halts a centuries-old tradition

Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.

Something’s hidden in the Oval Office photo of Trump, Munir, Sharif. India must look closely

What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.