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16.10.26 - 18:06
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Middle east war hits Indian fuel retailers: OMCs losing up to Rs 30 per litre, says report (Times of India)
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Indian oil marketing firms are grappling with significant losses, facing Rs 26 loss per litre for petrol and Rs 30 for diesel. The turmoil in West Asia has led to skyrocketing procurement and freight costs, rising eightfold, which heavily influences overall expenditures. Compounded by interruptions in crude shipments from the Middle East, these conditions create ongoing financial strain, even as refining margins stay strong....
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16.10.26 - 10:55
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IMF Warns On Energy Risks: Middle East conflict could stoke India inflation; growth, fisc at risk (Times of India)
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India could face inflationary pressures if the Middle East conflict results in sustained high energy prices. The International Monetary Fund warns that prolonged energy price increases could slow economic growth, raise living costs, and worsen fiscal balances. Governments may find it harder to provide support to vulnerable populations without straining finances. The IMF emphasizes targeted assistance measures over broad subsidies to alleviate costs effectively....
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15.10.26 - 09:00
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Hong Kong firm, Qatar bank to launch Chinese equity fund to lure Middle East capital (SCMP)
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China Asset Management (Hong Kong) and Qatar's Lesha Bank agreed on Wednesday to launch Qatar's first sharia-compliant China equity fund, highlighting growing efforts by Chinese financial institutions to lure Middle East capital as institutional investors and wealthy families seek safe havens amid geopolitical turmoil.
Among the key selling points of the mainland China and Hong Kong stock markets for Middle East investors are the mainland's rising artificial intelligence capabilities and biotech......
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15.10.26 - 07:24
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Oil Slides on Eased Middle East Supply Concerns (Bloomberg)
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Oil fell as concerns about the supply disruptions caused by the conflict in the Middle East eased and the International Energy Agency raised its forecast for the war's impact on supply. Bloomberg's Stuart Livingstone-Wallace reports. (Source: Bloomberg)...
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