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Europe could run out of jet fuel in 6 weeks, IEA chief tells AP
Stock picture of a British Airways plane taking off from London Heathrow Airport. Stefan Rousseau – Pa Images | Pa Images | Getty Images The International Energy Agency’s head warned Thursday that Europe maybe has six weeks left of jet fuel as the airline industry continues to grapple with headwinds due to the Middle East […]
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Iran war sparks ‘fundamental energy transition’ in Seoul toward renewables: Energy minister
This general view shows oil tanks and facilities at Yeosu National Industrial Complex, the largest petrochemical industrial complex in South Korea, in Yeosu on April 7, 2026. (Photo by Shin Yong-ju / AFP via Getty Images) Shin Yong-ju | Afp | Getty Images The Iran war is “serving as a significant turning point” for South […]
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Hong Kong to announce tax break to lure global commodity traders
Hong Kong is rolling out a new tax break for commodity traders as it seeks to strengthen its position as a regional trading hub and revive shipping activity amid global supply chain disruptions. The government plans to introduce a concessionary regime for qualifying traders of physical commodities, halving the tax rate on their profits to […]
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Iran war drags India’s goods exports 7% lower in March — more pain ahead
The Indian-flagged tanker Jag Vasant, carrying liquefied petroleum gas (LPG) after transiting through the Strait of Hormuz amid the ongoing conflict in the Middle East, is seen docked at an offloading terminal along the coast in Mumbai, India, on April 1, 2026. Nurphoto | Nurphoto | Getty Images The Iran war has taken a toll […]
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China economic growth accelerates to 5% in first quarter, beating expectations, on robust exports
People walk outside a shopping mall during a week-long National Day holiday in Beijing on October 7, 2025. Greg Baker | Afp | Getty Images China’s economy gathered steam in the first quarter, as robust exports growth offset tepid domestic demand, though the Iran war-fueled energy shock clouds growth outlook, threatening global demand. Gross domestic […]
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Inside India newsletter: Small towns are powering e-commerce’s fastest-growing market, dominated by Amazon, Walmart unit
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Amazon and Walmart’s Flipkart dominate India’s e‑commerce market. This week, I unpack why the U.S. giants are keen to expand in the […]
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Asia markets open higher after hopes of U.S.-Iran deal lift Wall Street benchmarks to new records
Asia markets opened higher after Wall Street hit record levels on growing expectations of a U.S.-Iran deal to end the war. Source
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U.S. and Iran could meet in Pakistan for peace talks next week: MS NOW
US Vice President JD Vance (R) speaks during a news conference after meeting with representatives from Pakistan and Iran, as US President Donald Trump’s son-in-law Jared Kushner (L) and US Special Envoy to the Middle East Steve Witkoff (C) watch, in Islamabad on April 12, 2026. Jacquelyn Martin | AFP | Getty Images The U.S. […]
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Iran war damaged as much as $58 billion of energy infrastructure, Rystad estimates
The Middle East war has damaged as much as $58 billion worth of energy infrastructure, according to an estimate published by consulting firm Rystad Energy on Wednesday. Iran has attacked the oil and gas infrastructure of its Gulf Arab neighbors including production facilities, refineries and pipelines among other targets. Israel has bombed natural gas and […]
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Amazon sellers boycott ads in policy change revolt: ‘We’re running out of f—ing margin’
An automated bar code reader scans packages prepared for shipping at an Amazon fulfillment center on Cyber Monday in Robbinsville, New Jersey, US, on Monday, Dec. 1, 2025. Michael Nagle | Bloomberg | Getty Images For Amazon sellers that account for over 60% of goods sold on the e-retailer’s sprawling marketplace, times would be tough […]
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