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No plans to leave OPEC+ after UAE exit, says Russia

moscow, April 30 -- Russia said it has no plans of leaving its alliance with OPEC after the United Arab Emirates' shock decision to quit the cartel raised questions about its future amid a historic su... Read More


MakeMyTrip eyes Mumbai listing by early 2027

India, April 30 -- MakeMyTrip Ltd, an online travel platform listed on the Nasdaq, is considering a listing in Mumbai, according to people familiar with the matter. The company has engaged Axis Capita... Read More


First LNG shipment since war began exits Hormuz

dubai, April 29 -- The first liquefied natural gas shipment since the war in the Middle East began two months ago appears to have traversed the Strait of Hormuz to exit the Persian Gulf. The Mubaraz -... Read More


UAE tells some oil buyers to pick up supply outside Hormuz

dubai, April 29 -- Abu Dhabi National Oil Co. (Adnoc) has informed some term customers of the availability of cargoes for loading off Fujairah, outside the Persian Gulf, as producers explore different... Read More


WB sees commodity prices hitting 4-yr high

washington, April 29 -- Global commodity prices are set to increase this year to the highest since 2022 as the war in Iran continues to disrupt key industrial supplies like oil and metals, the World B... Read More


First LNG shipment since war began exits Strait of Hormuz

dubai, April 29 -- The first liquefied natural gas shipment since the war in the Middle East began two months ago appears to have traversed the Strait of Hormuz to exit the Persian Gulf. The Mubaraz -... Read More


Iran rapidly running out of places to store its crude oil

tehran, April 29 -- Iran is rapidly running out of places to store crude oil, threatening to accelerate production cuts in what was once OPEC's second-largest source, according to research firm Kpler.... Read More


Musk and Altman head to trial in feud over future of OpenAI

India, April 28 -- Elon Musk and Sam Altman will face off this week in a trial that could determine the future of OpenAI. The high-profile showdown between the artificial intelligence titans is the cu... Read More


Military-grade jet fuel cargoes from US show impact of war

New York/Houston, April 28 -- An unusual series of cargoes of military-grade fuel that is due to sail from the US across the Pacific Ocean illustrates how far the war in Iran has disrupted the global ... Read More


Philippines tells agencies not to send seamen to Persian Gulf

Singapore, April 28 -- The Philippines is telling crewing agencies to stop sending its nationals to the Persian Gulf, making it more difficult for shipowners to rotate the thousands of seamen stuck on... Read More