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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

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.
Elevated coal costs seen capping Q1 margin recovery for steel firms

Elevated coal costs seen capping Q1 margin recovery for steel firms

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

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.
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

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.
Oil markets brace for more turbulence ahead amid geopolitical risks, supply-demand dynamics

Oil markets brace for more turbulence ahead amid geopolitical risks, supply-demand dynamics

Middle East tensions, following US strikes on Iran, sent oil prices sharply higher. Brent crude futures jumped over 5%, nearing $80 a barrel, as markets brace for more turbulence amid geopolitical risks.
Hormuz crisis: Iran hit triggers fears of fuel supply disruption

Hormuz crisis: Iran hit triggers fears of fuel supply disruption

Iranian forces attacked a Cyprus-flagged ship with Indian crew, raising fears of fuel and fertilizer supply disruption via the Strait of Hormuz. Officials monitor the situation, assuring India has sufficient stocks and alternative cargo arrangements.
Rain eases load-shedding, but bad weather keeps power outages alive

Rain eases load-shedding, but bad weather keeps power outages alive

Rain significantly reduced load-shedding, keeping it mostly below 200MW. However, bad weather and maintenance cause localized power outages, despite sufficient supply. This contrasts with 2,888MW load-shedding two weeks ago due to heat.
DW News. . Cuba is running out of oil and gas because of the United States. Now China is filling the gap with solar. #DWEnvironmentNews

DW News. . Cuba is running out of oil and gas because of the United States. Now China is filling the gap with solar. #DWEnvironmentNews

Cuba faces oil and gas shortages due to US actions. China is now stepping in to provide solar energy, addressing the country's energy gap.
Times Dhandho: Discom curbs cast shadow on Gujarat’s solar push

Times Dhandho: Discom curbs cast shadow on Gujarat’s solar push

Gujarat's solar push faces shadow as discoms curtail 20-70% captive solar power, stretching payback periods from 6 to 10+ years. This causes financial stress, undermining green investments and viability for industries.
Ahmedabad Rally Highlights Peace Before Rath Yatra

Ahmedabad Rally Highlights Peace Before Rath Yatra

Ahmedabad Police held a rally and outreach for the July 16 Jagannath Rath Yatra, reinforcing public confidence and promoting peace. Preparations focus on security, traffic, and community engagement for the large procession.

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