The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
Hundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
The worst China power shortages in decades hit many parts of the country as energy demand surged amid a post-pandemic recovery
A power crisis would have an immediate impact on India’s nascent economic recovery, which is being led by industrial activity and not a services revival, according to reports