Business

Heavy blow for oil exporting groups! UAE to exit OPEC, OPEC+ amid Strait of Hormuz disruptions: What it means

Collectively, OPEC nations account for roughly 36 per cent of global oil output. (AI image) In a significant move which may have...

AMNS India appoints Nobuo Okochi as CFO from July 1, Amit Harlalka to take over as CEO

ArcelorMittal Nippon Steel India (AMNS India) on Tuesday announced the appointment of Nobuo Okochi as Chief Financial Officer with effect from...

India-China trade gap widens: Over 30% industrial goods imported from Beijing; GTRI flags concerns

India’s growing trade gap with China is no longer just about buying more and selling less, but it is also about...

How rising crude prices amid Strait of Hormuz closure may spell gains for Indian upstream oil companies

Wars and geopolitical conflicts often have unexpected impacts for economies. Countries are struggling with tight energy supplies and companies in the...

Iran running out of space to store its crude oil; is the real financial crisis still coming?

The Middle East conflict has already been rattling global oil flows, draining supplies, tightening reserves and pushing crude prices higher across...

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