West Asia Tensions Push Up India's Oil Import Costs
Wednesday, September 09, 2026
Adani Green Energy Limited said on Monday that the greenfield addition of 2,418 MW of solar and 430 MW of wind power facilities has expanded its operating capacity by 35% year over year to 10,934 MW.
Amidst anticipation of a global manufacturing resurgence, industrial metals prices continued to rise on Tuesday. Meanwhile, Asian equities increased somewhat more cautiously ahead of this week's U.S. inflation data
March saw a strong increase in LNG imports from Asia as the region's largest buyer took advantage of lower spot prices to divert cargoes from Europe.
Monday saw a drop in oil prices of more than $1 a barrel, with Brent falling below $90, as Middle East tensions decreased following Israel's withdrawal of further troops from southern Gaza and its commitment to new negotiations
As part of its Southeast Asian development strategy, NVIDIA Corp (NASDAQ:NVDA) has revealed plans to construct a $200 million artificial intelligence (AI) facility in Indonesia.
As a result of a significant push for domestic manufacture, India would no longer import urea by the end of 2025, according to Chemicals and Fertilizers Minister Mansukh Mandaviya.
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