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☆ Russian oil sold to India at 30% above Western price cap, traders say
▼ + stars: | 2023-09-28 | by ( Nidhi Verma | ) www.reuters.com time to read: +3 min

India, which is the world's third biggest oil importer, has become the top buyer of seaborne Russian oil, mainly Urals, since 2022 after Western sanctions against Moscow. Alternatives are much more expensive and not easily available," a trader familiar with the Russian oil market said. Russian Urals oil typically gives higher yields of diesel, which accounts for about two-fifths of India's overall refined fuel consumption. The Western price cap on Russian oil allows buyers to use Western services such as shipping and insurance in the event that crude trades below $60 per barrel. Russian oil is also now being sold to customers in new markets like Brazil, the Indian source said.

Persons: Tatiana Meel, Brent, HPCL Mittal, Nidhi Verma, Alexander Smith, Elaine Hardcastle Organizations: REUTERS, Moscow, Board, Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum Corp, Reliance Industries Ltd, Nayara Energy, Reuters, Thomson Locations: Nakhodka Bay, Nakhodka, Russia, Ukraine MOSCOW, DELHI, India, Moscow, Saudi Arabia, Baltic, Mangalore, Russian, Turkey, China, Bulgaria, Brazil, New Delhi

☆ India cuts windfall tax on crude, aviation turbine fuel and diesel
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +1 min

BENGALURU, Feb 16 (Reuters) - India has cut its windfall tax on crude oil and exports of aviation turbine fuel and diesel, according to a government notification dated Feb. 15. Windfall tax on crude was cut to 4,350 rupees ($52.60) per tonne from 5,050 rupees per tonne, effective Thursday. The government also cut export tax on aviation turbine fuel to 1.50 rupees per litre from 6 rupees per litre, and reduced export tax on diesel to 2.50 rupees per litre from 7.50 rupees per litre, the notification said. India had in July imposed the windfall tax on crude oil producers and levies on exports of gasoline, diesel and aviation fuel after private refiners wanted to make gains from robust refining margins in overseas markets, instead of selling it cheap at homeThe cuts came as Indian refiners continued to stock up discounted Russian fuel amid a steady increase in domestic consumption. ($1 = 82.7010 Indian rupees)Reporting by Nallur Sethuraman in Bengaluru and Nikunj Ohri in New Delhi; Editing by Sohini GoswamiOur Standards: The Thomson Reuters Trust Principles.

SYDNEY, Oct 14 (Reuters) - Thousands of people across Australia's southeast were asked to evacuate their homes on Friday, including some in a western suburb of Melbourne, after two days of incessant rains triggered flash flooding and fast-moving waters burst river banks. Upstream in Shepparton, rising flood waters are expected to surpass the 1974 peak by Tuesday and threaten over 4,000 properties. 1/5 A man wades through floodwaters amidst evacuation orders in the Maribyrnong suburb of Melbourne, Australia, October 14, 2022. Rains had eased by Friday afternoon but the weather bureau has warned of another potential wild weather system next week. Devastating floods have repeatedly struck Australia's east coast since early last year because of a multi-year La Nina weather phenomenon, which brings more rain.

☆ India: Dezinformarea a contribuit la explozia Covid; Teoriile conspirației, leacuri din excremente, promovate și de oficiali
▼ + stars: | 2021-05-04 | by ( ) www.jurnal.md time to read: +4 min

Sursa foto: ReutersIndia: Dezinformarea a contribuit la explozia Covid; Teoriile conspirației, leacuri din excremente, promovate și de oficialiDezinformarea cu privire la pandemie a ajuns la un nivel îngrijorător în India și a contribuit la explozia epidemiologică din țară. Teoriile conspirației, leacurile tradiționale (unele bazate pe excremente animale) au fost acceptate și promovate chiar și de către o parte a oficialităților, se arată într-o analiză publicată de CNN. Un influent guru yoga a lansat un preparat pe bază de plante în februarie, susținând că a vindecat Covid și a fost certificat de Organizația Mondială a Sănătății (OMS), scrie Biziday.ro. Practica a fost o măsură preventivă ”utilă” care ”i-a ajutat pe ofițeri să se simtă relaxați”, a declarat un inspector de poliție. La fel ca majoritatea țărilor, India a vaccinat mai întâi cetățenii cei mai vulnerabili, inclusiv persoanele în vârstă și lucrătorii din domeniul sănătății.

Persons: OMS Organizations: Reuters, CNN, Organizația Mondială a Sănătății ( OMS, Indiană, Duke Locations: India, Delhi, Assam, -, Karnataka, Statele

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