Natural Gas

US Emerges As India’s Biggest Trading Partner For FY23

US Emerges As India’s Biggest Trading Partner For FY23

Recent reports have revealed that the US surpassed China and became India’s biggest trading partner in the financial year 2022-23. The data released by the Ministry of Commerce suggests that the bilateral trade between the US and India reached $119.42 billion from $80.51 billion in 2020-21. Exports increased to $76.11 billion from $51.62 billion in…

Russia Is Cutting India’s Natural-gas Supply, What’s Next? 

Russia Is Cutting India’s Natural-gas Supply, What’s Next? 

It is getting harder for India to source natural gas as Russia has slowed down the supply since the Ukraine invasion. Europe is drawing away much of the global natural gas supply to its shores.  “Contrary to widespread alarmism over the adverse impact of the Russia-Ukraine war on global commodity prices, the importance of commodity…