Iran Races to Restore Gas Output Ahead of Winter Supply Crisis
By Gbemisola Azeez Iran is accelerating efforts to repair damaged gas-processing facilities after losing 95 million cubic metres per day in production capacity, as the country faces growing pressure on its energy supply ahead of winter. Iranian Oil Minister Mohsen Paknejad said four damaged facilities in Asaluyeh, a major gas-processing hub in Bushehr Province, are […]
India Raises Fuel Prices Amid Middle East War
By Oluwakemi Kindness India’s state-run fuel companies have increased petrol and diesel prices for the fourth time in 10 days as the ongoing Middle East war continues to disrupt global oil supplies. The latest adjustment, announced on Monday, comes amid mounting pressure on energy imports following Iran’s near-total blockade of the Strait of Hormuz, a […]