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The Biden administration broke its silence on European Union deliberations over a $65-70 per barrel Russian oil price cap, warning far-lower prices cited for some Russian Urals crude shipments should be approached with caution.

Tesla launched two EVs in Thailand, marking its first foray into the regional autos hub that has long been dominated by Japanese manufacturers.

Hyundai and SK will build a new battery manufacturing plant in the U.S. state of Georgia to supply the Korean automaker's U.S. assembly plants.

A strike by South Korean truckers is estimated to have cost 1.6 trillion won ($1.23 billion) in lost shipments.

Oil prices settled up by over $2 per barrel on signs of tighter supply, a weaker dollar and optimism over a Chinese demand recovery.

Foxconn's Singapore unit has acquired 4.08 million shares in Foxconn Hon Hai Technology India Mega Development Private Limited for $500 million (Around Rs. 4100 Crore).

The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change.

Western governments want to set a maximum purchase price for Russian oil on the world market to limit Moscow’s ability to raise money for its war on Ukraine.