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Latest: Energy News

India Seeks Quick Trade Deal With Trump, Offers to Slash Tariffs
India Seeks Quick Trade Deal With Trump, Offers to Slash Tariffs

The Modi government has said its will slash its tariff gap with the US to less than 4% from nearly 13% – in a bid to be exempt from Trump's tariff hikes, sources have revealed

Fear of Huge Job Losses Led to China’s Move to Discuss Tariffs
Fear of Huge Job Losses Led to China’s Move to Discuss Tariffs

Beijing has grown increasingly alarmed about the impact of US tariffs on the economy and the risk of isolation as other countries started negotiating deals with Washington

China’s Steelmakers Hit by Wave of Tariffs, Plunge in Export Orders
China’s Steelmakers Hit by Wave of Tariffs, Plunge in Export Orders

Second quarter steel shipments are expected to plunge by about 20-30% after the US imposed a 25% tariff in March and other countries involved in trans-shipment followed suit

BYD Plants Seen Generating Big Sales in Europe, South America
Carbon Credit Scheme Targets Coal Plants For Early Retirement
Japan Tells US: No Trade Deal Unless Auto Tariffs Reviewed
China Says It’s Assessing Possible Trade Talks With The US
Shipping Volume Will Plunge by Over a Third Next Week: LA Port
US Has Reached Out to Discuss Tariffs, China’s State Media Says
China ‘Compiling a List of US Goods Exempt From Its 125% Tariffs’

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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.