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Latest: Energy News

US and India Sign Deals on Chips, Tech, Space and Defence
US and India Sign Deals on Chips, Tech, Space and Defence

The two countries signed agreements on computer chips, tech, critical minerals, space cooperation, plus defence and cooperative arrangements aimed at countering China's influence

Biden Plays Down Impact of Calling China’s Xi a ‘Dictator’
Biden Plays Down Impact of Calling China’s Xi a ‘Dictator’

US President expects to meet with Xi Jinping in the near-term and doubts that his remark undermined ties with Beijing

Pakistan in China Nuke Plant Deal, Talks to UAE on Port Sale
Pakistan in China Nuke Plant Deal, Talks to UAE on Port Sale

Pakistan and China signed a $4.8bn deal to build a 1,200 MW nuclear power plant, while the debt-laden state is in talks with the UAE for control of Karachi port in exchange for emergency funds

World Bank Should Add Disaster Clauses to Debt Deals: Yellen
China Turns to AI in Race For Himalayas Rare Earths – SCMP
LFP Becoming the Battery of Choice for Electric Vehicles
Nikkei Rises, But the Hang Seng and Most Asian Markets Fall
China Extends $72bn Tax Break for Sale of EVs, Green Cars
Yuan Falls to 7-Month Low as China Cuts Prime Lending Rates
EU to Discuss Ideas on Guarding Top Tech From China, Russia

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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.