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Latest: Energy News

EU Wants Pledges on Minimum Prices if China EVs Avoid Tariffs
EU Wants Pledges on Minimum Prices if China EVs Avoid Tariffs

Chinese companies making electric vehicles must commit to sell their cars at agreed minimum prices, if they want to avoid tariffs in Europe

China to Scrap Battery Export Tax Rebates: Lithium Price Surges
China to Scrap Battery Export Tax Rebates: Lithium Price Surges

China's finance ministry said the VAT export rebates for battery products would be cut to 6% from 9% from April, then rolled back entirely from January 1, 2027.

EU-India Free-Trade Deal Could be Signed This Month, Merz Says
EU-India Free-Trade Deal Could be Signed This Month, Merz Says

German government sources said there are high expectations that a deal could be signed at the end of January after "very intensive" talks between Chancellor Friedrich Merz and Modi on Monday

Unrest Widens in Iran: Internet Shut Amid Riots, Fires in Cities
Indonesia ‘May Seize Another 5m Hectares of Palm Oil Plantations’
Japan Says China’s Dual-Use Export Ban is ‘Unacceptable’
Microplastics Hindering Oceans’ Ability to Absorb CO2, Study Says
Trump’s Venezuela Strike ‘May Embolden China’s Territorial Claims’
India ‘Could Face Higher Tariffs if Russian Oil Buying Continues’
Continuing AI Demand Lifts Asian Stocks to Five-Year Highs

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Energy: The Big Picture

India Is Likely Exporting Refined Russian Oil to the West

India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.