Any progress on the India-US trade deal front largely hinges on Washington rolling back the Russian oil-linked additional 25 per cent duty on India, and no breakthrough is likely without it, India-based trade-focused think tank Global Trade Research Initiative (GTRI) has argued as both count
Hyundai Engineering & Construction Co. (Hyundai E&C) secured a USD 3 billion contract to build a large-scale seawater treatment and desalination plant in Iraq, the biggest overseas order won by a single Korean construction company in 2025 to date.
"India is coming to the table. Prime Minister Narendra Modi sent out a very conciliatory, nice, constructive tweet, and President Trump responded to that. We'll see how this works," he said.
By 2050, natural gas will be the only fossil fuel to see an increase in the energy mix of the United States, China and India, even as coal and oil decline globally, according to a sector update by Nuvama Institutional Equities citing S&P Global Commodity Insights.
US President Donald Trump called on NATO and European nations to take stronger action against Russia, particularly criticising Europe for continuing to buy oil from Moscow.
Ukrainian drones attacked Russia's Kirishi oil refinery, sparking a fire from falling debris. No injuries were reported. Ukraine confirmed a "successful strike," while Russia said over 80 drones were destroyed. Another drone hit Bashneft's Ufa refinery, causing minor damage, as production in
PM Modi was addressing a gathering in Assam's Golaghat, where he inaugurated the Assam Bioethanol Plant. He also laid the foundation stone of the Polypropylene Plant at Numaligarh Refinery Limited
In a joint statement released on social media, Graham said he was "very pleased" with Trump's strong call for coordinated economic action. He argued that China was "propping up Putin's war machine" by purchasing discounted Russian oil and gas, and therefore must face punitive tariffs from th
According to The New York Post, one of the tankers that caught fire had the ability to carry up to 700,000 barrels of oil. The fires were later put out, but it remains unclear if loading operations have resumed.
US President Donald Trump has called on NATO allies to impose major sanctions on Russia and stop buying Russian oil to end the war in Ukraine, adding that he proposed to impose tariffs of 50 per cent to 100 per cent on China to weaken its economic grip on Russia.