The brief
- India paid more for crude oil despite importing less as prices rose
- Higher import costs can pressure Indian oil marketing companies
- Russia plans 2027 oil output on conservative scenario, Novak says
- Russia will consider partial lifting of diesel export ban in case of overproduction, Novak says
- If Trump imposes tariffs, will buying crude from Russia make economic sense for India?
- Putin pitches deeper India ties beyond logistics
- Oil Rises as China Fuel Supply Concerns Mount
Iran war costs and subsidy pressures
Iranians have faced soaring costs during seven months of war. Fuel subsidies could exceed $1 trillion in 2026 as the war strains government budgets.
Saturday, 3 October
- In Graphics: How the cost of Iran war piled up