- The capital city of Rajasthan, Jaipur, hosted the inauguration of a new eBus scheme led by the Prime Minister.
- Narendra Modi is scheduled to lay foundation stone for Metro and inaugurate new airport terminal and Pachpadra Refinery in Rajasthan.
- Narendra Modi is scheduled to dedicate a refinery complex in Barmer and inaugurate the new terminal at Jodhpur Airport, while also visiting Gujarat.
India inaugurated its country's first new refinery in a decade, while geopolitical factors continue to affect crude shipment security.
5 reports, 1 independent
Updated Jul 5
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What happened
India inaugurated its country's first new refinery in a decade, while geopolitical factors continue to affect crude shipment security.
Who's involved
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The entities involved
Related events
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- The global energy market is under strain as India increases reliance on Russian crude amid Western sanctions, while the UAE and Europe are involved in related developments.
- Strait tensions affect India's vital crude oil imports and prompt negotiations for new free trade deals.
- Equinor is navigating geopolitical issues by signing a 15-year supply deal with an Indian company amidst global LNG flow restrictions and market volatility.
- India sources over half of its crude oil from Russia, while European industry refines Russian crude in third countries.