Reprieve for India as US eases sanctions on Russian oil sales
New Delhi to benefit from 30-day waiver as energy prices soar
Economic_News
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Asia’s big economies brace for Iran war energy shock
Some of the world’s biggest fuel importers rush to secure oil and gas supplies as Middle East conflict chokes flow
India’s energy conundrum as Middle East war hits supply
Also in this newsletter: Nepal votes for a new leader
Trump says Iran wants to ‘make a deal’ to end the war
US oil hits highest price since 2024, while Azerbaijan says it was struck by Iranian drone on sixth day of conflict
Depleted oil reserve leaves US exposed as Iran war pushes up prices
Donald Trump has not fulfilled a vow to refill the Strategic Petroleum Reserve that was drained by Joe Biden
Industry casts doubt on Trump plan to insure Gulf oil tankers as Iran war halts transit
US lacks firepower to provide $350bn in coverage needed to revive Strait of Hormuz transits, JPMorgan says