India's relatively smaller ports among the major state-owned maritime facilities are beginning to show stronger growth momentum, backed by better connectivity, capacity upgrades, and gains paced by demand for specific commodities.Data from the Ministry of Ports, Shipping and Waterways show that in the first half of FY26, the country's 12 major ports handled 437.43 million tonnes...
Russian oil is trading at its steepest discounts to Brent in a year in Asia, as major Indian and Chinese refiners reduce purchases following fresh U.S. sanctions on leading Russian producers, industry sources said.The price gap for Russia's flagship Urals crude widened by $2 to about $4 per barrel below Brent for December arrival, the widest discount seen in about a year, accord...