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Strait of Hormuz disruptions: India buys first LPG cargo from Iran in years; tanker was initially bound for China

    Strait of Hormuz disruptions: India buys first LPG cargo from Iran in years; tanker was initially bound for China

    3 months ago04 mins

    India has faced significant disruption to energy supplies routed through the Strait of Hormuz. (AI image) For the first time in several years, India has reportedly purchased liquified petroleum gas (LPG) from Iran after the Donald Trump administration granted a 30-day sanctions waiver to keep oil and gas prices in check. India had stopped energy…

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    India taxed, China spared: Marco Rubio defends US' double standards on Russian oil
    • China News

    India taxed, China spared: Marco Rubio defends US’ double standards on Russian oil

    Cs news11 months ago05 mins

    US Secretary of State Marco Rubio warned on Monday that energy prices could rise if the United States imposes secondary sanctions on China for refining Russian oil. The statement follows growing questions over why the U.S. imposed an additional 25% tariff on India for purchasing Russian oil, while taking no similar action against China.In an…

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