Latest News

India's top bank, the State Bank of India (SBI), is now clearing these dirham payments

The company has set up nearly 300 charging points at 50 locations across the three cities for public use. Vida says that the charging network is spread across key locations, and each charging station will have DC and AC charging sockets.

The focus on biofuels is also aimed at helping India's transition to alternative fuels and cutting its import bill

Asia has emerged as the largest buyer of Russian oil since the West placed it under sanctions.

Brent crude futures were up $2.70, or 3.3%, to $83.69 a barrel, while U.S. West Texas Intermediate crude futures rose $3.03, or 4.1%, to $77.14 per barrel.

The ministry of natural resources for Iraq's Kurdistan Regional Government (KRG) said the pipeline restarted flows at 9:45 p.m. local time (1845 GMT)

Brent crude settled up $1.40, or 1.7%, to $85.09 a barrel while U.S. West Texas Intermediate (WTI) crude settled up $1.33, or 1.7%, to $78.47.

He also said India will consider buying oil from Iran and Venezuela if sanctions are lifted and would continue purchases from Russia if prices "continue to be good"