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G7 to release 100 million barrels of oil reserves through IEA
- The co-ordinated release includes frontloaded diesel supplies to stabilise global energy markets
- Lower crude and diesel prices could ease costs for Indian refiners and fuel retailers
G7 agrees to release 100 million barrels of oil and diesel from emergency reserves
- G7 countries agreed to release 100 million barrels of diesel and crude oil
- The release will come from emergency reserves
- More oil supply could ease fuel costs for Indian refiners and oil marketing companies
Europe agrees to release diesel stockpiles, sending oil prices down more than 4%
- European leaders agreed to release some diesel stockpiles on Friday
- Oil prices fell by more than 4%
- Lower oil prices can ease input costs for Indian fuel retailers, refiners and transport companies
Global food prices reach near four-year high in September amid supply disruptions
- The UN FAO said global food prices hit their highest level in nearly four years
- Trade disruptions and adverse weather drove the rise
- Higher food costs may pressure Indian food companies and complicate inflation trends for consumer businesses
In Graphics: How the cost of Iran war piled up
- India paid more for crude oil despite importing less as prices rose
- Higher import costs can pressure Indian oil marketing companies
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India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risks
- Crude imports rose to a 2026 high of 5.26 million barrels per day in September
- Gulf supplies surged despite Strait of Hormuz risks
- Higher crude imports expose Indian refiners and fuel retailers to oil-price and currency swings
Hormuz LNG shipments reach post-war high in September, with reports differing on cargo count
- Business Standard and Economic Times report 19 cargoes; Times of India says 19 to 21
- Business Standard says 13 cargoes came from Qatar and six from the UAE
- More LNG flows may ease supply concerns for Indian gas buyers, including Petronet LNG
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Oil falls $2 as Europe agrees to release diesel reserves after Trump push
- Brent fell 1.76% to $100.50 a barrel after Europe agreed to release additional diesel stockpiles
- WTI dropped 2.18% to $90.85
- Lower crude prices can ease costs for Indian oil-marketing companies and fuel-intensive sectors
India auctions two maiden mineral blocks in J&K for estimated limestone
- India auctioned two maiden mineral blocks in Jammu & Kashmir for estimated limestone
- The Mines Ministry called the auction an important step towards unlocking Jammu & Kashmir’s mineral potential
- New limestone supply may benefit Indian cement producers and mining companies
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Mines ministry auctions 2 J&K limestone blocks to spur mineral development
- The Koot-Kapran and Wantrag blocks in Anantnag have estimated limestone resources of 4.75 million tonnes and 10.853 million tonnes, respectively
India to face tougher competition for gas this winter? Here's what expert said
- Qatar supply disruptions could tighten global gas markets and raise India’s winter LNG costs
- India may face stronger competition with Europe for alternative gas supplies
- Higher LNG costs could pressure Petronet LNG, city gas distributors and Indian Oil margins
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UN warns fuel subsidies could exceed $1 trillion as Iran war raises energy costs
- UNDP said subsidies could top $1 trillion in 2026
- Governments have used price caps, subsidies and tax rebates as oil prices climbed
- Higher crude costs pressure Indian fuel retailers and government finances
China fuel export suspension to choke supplies in Asia
- China's oil-product export restrictions have affected importers in Southeast Asia and Australia
- Singapore has seen a significant drop in supplies
- Tighter regional fuel supply could lift costs for Indian oil refiners and fuel consumers
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Trump says Europe will release a “massive amount” of diesel stocks
- China is restricting fuel exports amid global supply disruptions
- US Energy Secretary Wright said he was “highly confident” Europe would release diesel stocks
- Diesel supply shifts may affect crude and fuel costs for Indian refiners and oil marketing companies
Diesel falls sharply as EU considers releasing 50mn barrels under pressure from Trump
- Diesel prices fell sharply as the EU considers releasing 50mn barrels from reserves
- Trump threatened to ban US fuel exports unless Europe unlocks reserves
- Lower diesel prices could ease fuel costs for Indian refiners and transport companies
Trump plays with a critical lifeline that keeps global economy going
- A potential US diesel export ban could remove about 1.2 million barrels a day from global supply
- Tighter fuel markets could raise costs for Indian refiners and transport companies
African nations begin to stock up rice on El Nino fears, Ukraine and Iran wars
- Ships are waiting to load rice consignments in almost all Indian ports, exporters said
- Higher export demand could support Indian rice exporters and agricultural commodity prices
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Gold slips before US payrolls data, set for second weekly loss
- Gold prices are poised for a second consecutive weekly decline amid a stronger US dollar and rising Treasury yields
- Gold weakness can reduce collateral values for Indian gold-loan lenders
US wants European allies to do this 'immediately' to lower diesel prices
- The US urged European allies to release strategic diesel reserves immediately
- Global fuel prices are surging amid supply disruptions linked to the Iran war
- Higher global fuel prices can pressure Indian oil marketing companies