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US senators push Russia sanctions bill that could impact India's oil imports

US senators push Russia sanctions bill that could impact India's oil imports

Government explains policy evolution, key milestones and frequently raised concerns over ethanol blending programme

Government explains policy evolution, key milestones and frequently raised concerns over ethanol blending programme

European Business Headlines at 4:08 a.m. GMT

European Business Headlines at 4:08 a.m. GMT

Will India face 500% tariff threat again? US revives 'bone-crushing' sanctions at Russian energy trade

Will India face 500% tariff threat again? US revives 'bone-crushing' sanctions at Russian energy trade

Goldman says Hormuz flare-up may delay recovery in oil supplies

Goldman says Hormuz flare-up may delay recovery in oil supplies

US fuel oil supply falls in July

US fuel oil supply falls in July

Global Energy Independence Day: Why Renewable Energy is Key to India’s Energy Security

Global Energy Independence Day: Why Renewable Energy is Key to India’s Energy Security

Venezuela’s Oil Production Unaffected by Double Earthquake

Venezuela’s Oil Production Unaffected by Double Earthquake

India’s Gasoline Supply to Russia: Understanding the Implications of Reverse Oil Flow

India’s Gasoline Supply to Russia: Understanding the Implications of Reverse Oil Flow

Indian Gasoline Reaches Russia Amid Refinery Disruptions

Indian Gasoline Reaches Russia Amid Refinery Disruptions

June 2026 — Monthly analysis of Russian fossil fuel exports and sanctions

June 2026 — Monthly analysis of Russian fossil fuel exports and sanctions

India Can Turn Agricultural Waste into Jet Fuel: UC Berkeley Report

India Can Turn Agricultural Waste into Jet Fuel: UC Berkeley Report

Who Is Really Winning India's EV Race? The Answer Goes Beyond Sales

Who Is Really Winning India's EV Race? The Answer Goes Beyond Sales

Govt Clarifies E20 Ethanol Safety Amid Consumer Concerns

Govt Clarifies E20 Ethanol Safety Amid Consumer Concerns

The Anatomy of India’s Energy Crisis

The Anatomy of India’s Energy Crisis

Why isn't E20 cheaper than pure petrol? Govt explains

Why isn't E20 cheaper than pure petrol? Govt explains

2026 H1 PV EVA Market Analysis and Outlook——Price Retreat After Geopolitical Surge, H2 to Face a Dual Game of Supply and Demand [SMM Analysis]

2026 H1 PV EVA Market Analysis and Outlook——Price Retreat After Geopolitical Surge, H2 to Face a Dual Game of Supply and Demand [SMM Analysis]

Indian Oil Corporation’s Refinery Expansion Programme for 2026

Indian Oil Corporation’s Refinery Expansion Programme for 2026

Weak Demand Performance, Zinc Oxide Operating Rate Pulls Back Slightly [SMM Zinc Oxide Weekly Review]

Weak Demand Performance, Zinc Oxide Operating Rate Pulls Back Slightly [SMM Zinc Oxide Weekly Review]

Rainy Season Arrives, Galvanizing Demand Weakens [SMM Galvanizing Weekly Review]

Rainy Season Arrives, Galvanizing Demand Weakens [SMM Galvanizing Weekly Review]

Latest Market News

Daily Report News

ASHLEY NYIKO MABASA | A super El Niño could boost coal demand as South Africa battles to deliver

ASHLEY NYIKO MABASA | A super El Niño could boost coal demand as South Africa battles to deliver

Energy & Petroleum

businessday.co.za

A super El Niño could boost India's coal demand by 18 TWh, offering South Africa a chance to increase its 25.75-million tonne exports. However, Transnet's rail issues limit capacity, costing R150bn and hindering profit from this opportunity.

Coal India, ISRO to run AI analysis on Dhanbad fire data for mine safety policy

Coal India, ISRO to run AI analysis on Dhanbad fire data for mine safety policy

Energy & Petroleum

newindianexpress.com

Coal India and ISRO partnered to deploy AI/ML and satellite technology for monitoring underground coal fires in Jharia, Dhanbad. This initiative aims to enhance mine safety, surveillance, and detect fire spread.

123

BRICS ministers adopt resolution on sustainable infra in transport sector

BRICS ministers adopt resolution on sustainable infra in transport sector

newindianexpress.com

The 3rd BRICS transport ministers' meeting in Nagpur, under India's 2026 chairship, adopted a resolution on sustainable infra, including circularity, SAF, decarbonisation, urban mobility, and logistics. Union Minister Nitin Gadkari expressed appreciation.

59

Why tapped solar electricity is going down the drain in India

Why tapped solar electricity is going down the drain in India

Energy & Petroleum

India's solar boom leads to significant electricity wastage, with 747 GWh curtailed in May 2026 due to insufficient storage. This creates grid stress and forces conventional plants to ramp up rapidly, highlighting storage as the critical missing link for round-the-clock clean power.

1118

Kimbal Private Limited Raises $22 Million to Expand Smart Grid Capabilities Worldwide

Kimbal Private Limited Raises $22 Million to Expand Smart Grid Capabilities Worldwide

Kimbal Private Limited secured $22 million in Series B funding, totaling $27 million, led by GEF Capital Partners. The capital will expand its smart grid, AMI, and energy management solutions globally, leveraging its "Made-in-India" technology for utilities.

Chinese Independent Refiners Shift from Iranian to Gulf Crude Amid Widening Discounts

Chinese Independent Refiners Shift from Iranian to Gulf Crude Amid Widening Discounts

Energy & Petroleum

Chinese independent refiners are shifting from Iranian to Gulf crude due to widening discounts ($7-8/barrel). Iranian imports fell 41.4% in June to a 17-month low, with Shandong refinery rates at 50.76%.

82

NMDC cuts iron ore prices for the second time in two months amid changing market conditions

NMDC cuts iron ore prices for the second time in two months amid changing market conditions

Hellenic Shipping

NMDC Ltd. has cut iron ore prices for the second time in two months, effective July 10, 2026, amid changing market conditions, as announced in a regulatory filing.

13

Elevated coal costs seen capping Q1 margin recovery for steel firms

Elevated coal costs seen capping Q1 margin recovery for steel firms

Energy & Petroleum

Hellenic Shipping

Steel firms anticipate weaker Q1 margin recovery despite higher prices. Elevated coking coal, freight, and operating costs are offsetting benefits, capping expected gains for the sector.

Euronext wheat climbs 4% on shipping disruption concerns

Euronext wheat climbs 4% on shipping disruption concerns

Hellenic Shipping

Euronext wheat climbed 4% to a six-week high amid concerns over potential Sea of Azov shipping disruptions. This raises fears of export shortfalls from Russia, the world's largest wheat supplier.

1220

China tells refiners to keep fuel output high as Iran conflict threatens supply

China tells refiners to keep fuel output high as Iran conflict threatens supply

Hellenic Shipping

China has directed major refiners to maintain high fuel production amidst escalating Iran-US conflict, fearing disruptions to crude shipments through the Persian Gulf to secure supply.

113

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