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☆ Russia makes up 40% of Indian oil imports, dents OPEC's share
▼ + stars: | 2023-10-20 | by ( Nidhi Verma | ) www.reuters.com time to read: +2 min

Russia was the top oil supplier to India in April to September, followed by Iraq and Saudi Arabia. India's imports from Iraq and Saudi Arabia fell by 12% and about 23% to 928,000 bpd and 607,500 bpd, respectively, during the April-September period, the data showed. Imports from the Middle East in April-September declined by about 28% to 1.97 million bpd, dragging down the region's share in India's overall oil imports to 44% from 60% during the same year-ago period. India's oil imports from various regionsLower purchases from the Middle East dragged down the share of OPEC in India's overall imports to the lowest in 22 years. India's oil imports Opec's share of India's oil imports drop to record lowReporting by Nidhi Verma; editing by Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Nidhi Verma, Miral Organizations: Saudi, Imports, Commonwealth of Independent States, CIS, Organization of, Petroleum, Thomson Locations: DELHI, India, Moscow, Ukraine, Middle, Russia, Iraq, Saudi Arabia, Azerbaijan, Kazakhstan, East, Africa

Reuters reported in July that Indian refiners began using yuan to pay for some oil from Russian sellers, while continuing to use dollars and dirhams to settle most of their Russian oil purchases. Indian refiners buy most of their Russian oil from traders, while making some direct purchases from Russian entities. State-run Indian Oil Corp (IOC.NS), the country's top refiner, has used yuan and other currencies to pay for Russian oil, Reuters reported previously. Private Indian refiners have continued to pay in yuan and other currencies for Russian oil imports, sources said, with most Indian purchases of Russian oil paid in dirham. Indian Oil, BPCL and HPCL and the country's oil and finance ministries did not immediately respond to Reuters' requests for comments.

Persons: Tatiana Meel, Nidhi Verma, Tony Munroe, Simon Cameron, Moore Organizations: REUTERS, European Union, Reuters, Gazprom Neft, Indian Oil Corp, Bharat Petroleum Corp, Hindustan Petroleum, Thomson Locations: Nakhodka Bay, Nakhodka, Russia, DELHI, India, Moscow, Ukraine, United States, dirhams, Gazprom, dirham, Hong Kong, China

☆ California regulator proposes $45 mln penalty for PG&E over 2021 Dixie fire
▼ + stars: | 2023-10-10 | by ( ) www.reuters.com time to read: +1 min

A firefighter continues to hold the line of the Dixie Fire near Taylorsville, California, U.S., August 10, 2021. REUTERS/David Swanson/File Photo Acquire Licensing RightsOct 10 (Reuters) - The California Public Utilities Commission (CPUC) on Monday proposed a $45 million shareholder-funded penalty against Pacific Gas and Electric Company (PG&E) for its connections to the destructive 2021 Dixie wildfire. The proposed penalty, pending CPUC Commissioner's approval, consists of a $2.5 million fine to the California General Fund, $2.5 million payment to tribes impacted by the fire for remediation, and $40 million for capital expenditures to transition records to electronic format. CPUC enforcement staff is recommending this penalty under an Administrative Consent Order (ACO) and Agreement, as per a release on the state regulator's website. Reporting by Anjana Anil and Swati Verma in Bengaluru; editing by Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: David Swanson, Anjana Anil, Swati Verma, Miral Organizations: REUTERS, California Public Utilities Commission, Pacific Gas and Electric Company, California General Fund, Thomson Locations: Taylorsville , California, U.S, California, Bengaluru

☆ Gold rally loses steam as yields edge up, stocks rebound
▼ + stars: | 2023-10-10 | by ( Harshit Verma | ) www.reuters.com time to read: +2 min

(Reuters) - Gold prices edged down on Tuesday after clocking a sharp rise in the last session as risk sentiment improved and bond yields rebounded, while investors awaited the U.S. inflation data due later this week. Gold rose about 1.6% on Monday, its biggest one-day jump in five months, as military clashes between Israel and Palestinian Islamist group Hamas boosted demand for safe-haven investments. European stocks rebounded sharply on Tuesday as dovish comments from Fed policymakers and easing oil prices helped calm investor nerves. Benchmark 10-year Treasury yields rose to 4.7049%, decreasing the appeal for non-yielding bullion. Spot silver fell 0.8% to $21.72 per ounce, platinum slipped 0.3% to $883.97 and palladium dropped 0.8% to $1,130.52.

Persons: Alexander Manzyuk, ”, Craig Erlam, Erlam, Philip Jefferson, Lorie Logan, Kyle Rodda Organizations: Reuters, REUTERS, OANDA, U.S, Consumer, Dallas Fed Locations: Novosibirsk, Siberian, Russia, Israel, Palestinian, U.S . Federal, EU, U.S

India, the world's third biggest oil importer and consumer, also raised imports from Iraq while taking less Saudi oil, the data showed. India imported about 1.55 million barrels per day (bpd) of Russian oil in September, 16% more than in August, while imports from Iraq increased by 17% to about 1.1 million bpd, LSEG data showed. Vortexa pegged imports of Russian oil at 1.52 million bpd, compared with 1.44 million bpd in August. India's Saudi Oil Imports surged in Aug, Russia fell to 7-mth lowAccording to Kpler data, India's imports of Russian crude jumped back to 1.8 million bpd in September from less than 1.5 million bpd in August. They mostly purchase Russian oil on the spot market, while largely relying on term contracts for Middle Eastern crude.

Persons: Viktor Katona, Kpler's Katona, Nidhi Verma, Mohi Narayan, Arpan Varghese, Simon Cameron, Moore Organizations: Saudi Oil Imports, Thomson Locations: DELHI, Russia, LSEG, India, Iraq, Kpler, Saudi Arabia, Ukraine

☆ 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

☆ Canadian Sikh protests outside Indian mission off to a muted start
▼ + stars: | 2023-09-25 | by ( Wa Lone | ) www.reuters.com time to read: +3 min

Trudeau said last week Canada was pursuing "credible allegations" that Indian government agents may have been involved in Nijjar's murder. The Indian High Commissioner to Canada, Sanjay Kumar Verma, said concerned authorities have been informed of the protests. Nijjar, who worked as a plumber, left the north Indian state of Punjab a quarter-century ago and became a Canadian citizen. He has supported the formation of an independent Sikh homeland, called Khalistantan, to be created out of Punjab. The Canadian government has amassed both human and signals intelligence in a months-long investigation into the Sikh separatist leader, CBC News reported last week, citing unidentified sources.

Persons: Blair Gable, Justin Trudeau, Hardeep Singh Nijjar, Jatinder Singh Grewal, Trudeau, Grewal, Sanjay Kumar Verma, Verma, David Cohen, Wa, Denny Thomas, Chizu Nomiyama, Jonathan Oatis Organizations: High Commission of, REUTERS, Rights, Justice, Canada, Reuters, Sunday, Indian, Toronto Police Department, Canadian, CBC News, CTV News, Wa Lone, Thomson Locations: High Commission of India, Ottawa , Ontario, Canada, Toronto, British Columbia, Ottawa, Vancouver, Surrey, India, Delhi, Punjab, Canadian

☆ Amazon employees slam its Clubhouse-competing app in internal meeting following abrupt leadership change: 'This place is becoming a circus'
▼ + stars: | 2023-09-21 | by ( Eugene Kim | Katherine Long | ) www.businessinsider.com time to read: +5 min

A sudden leadership change at Amazon's Amp live radio division this week has drawn a rancorous response and trenchant questions from employees, reflecting the mounting hostility within the failing business. Shortly after the announcement, employees submitted a long list of questions for leadership at an internal town hall meeting scheduled for Wednesday. 'Failing to lead Amp to success'Many questions submitted by employees asked about the general direction of the Amp business. Another person noted the Amp team has missed some of its key performance goals, such as monthly active users. Employees expressed a strong distrust of the leadership team, too.

Persons: Matt Sandler, John Ciancutti, Alok Verma, didn't, Nicki Minaj, Sandler, John, Eugene Kim, Katherine Long Organizations: Amazon, Amazon Music's, Amazon Care, Employees

The legislation now requires approval from Parliament's upper house and half of the country’s 28 state legislatures, which is considered likely. Shah said it will be implemented in the 2029 national elections following a new census and an adjustment of voting districts after next year’s elections. Under the legislation, the reservation of seats for women would continue for 15 years and could be extended by Parliament. It covers the elected lower house of Parliament and state legislatures, in which only women will be allowed to contest 33% of the seats. In India's state legislatures, women hold about 10% of the seats.

Persons: Droupadi Murmu, Narendra Modi's, Amit Shah, Shah, India’s, Sonia Gandhi, ”, Arjun Ram Meghwal, Modi, God, “, Modi's, unrepresented, Ram Gopal Yadav, Dolly Verma Organizations: DELHI, —, Wednesday, Modi's Bharatiya Janata Party, Samajwadi Party . India Locations: Lok Sabha, India's, India, Bihar

U.S. gold futures gained 0.3% to $1,938.90. The yuan hit two-week highs against the U.S. dollar after data showed China factory output and retail sales in August beat forecasts, making greenback-priced bullion more attractive for Chinese buyers. "The outlook for rates to be kept high for longer has been keeping non-yielding gold prices under pressure," said Yeap Jun Rong, a market strategist at IG. We, therefore, do not view monetary policy as supportive of gold until well into 2024," HSBC said in a note. "Institutional investors have yet to commit to gold, as net long positions on the CME and ETF holdings indicate."

Persons: Yuan, Bullion, Jun Rong, Swati Verma, Sherry Jacob, Phillips Organizations: U.S, Reuters Graphics, IG, HSBC, CME, Thomson Locations: China, U.S, Bengaluru

"I will match your offer and commit today to open an office," Saudi Investment Minister Khalid Al Falih said after India's trade minister Piyush Goyal invited Saudi Arabia to set up an office of its sovereign wealth fund, Public Investment Fund (PIF), in GIFT City. Goyal also said he would suggest that his ministry starts an investment promotion office in Riyadh. During the Crown Prince's visit India and Saudi Arabia signed 50 initial pacts in various fields and agreed to form a joint task force for $100 billion in Saudi investment in India, originally announced by the Crown Prince in 2019. Half of the planned $100 billion is earmarked for a delayed refinery project along India's western coast, an Indian foreign ministry official said. He said Saudi Arabia is looking to invest in sectors including oil, gas, petrochemicals, new energy, technology, manufacturing and defence.

Persons: Amit Dave, Narendra Modi, Khalid Al Falih, Piyush Goyal, Prince Mohammed bin Salman's, Goyal, Crown Prince, Falih, Shivangi Acharya, Nidhi Verma, Blassy Boben, Ed Osmond, Susan Fenton Organizations: Gujarat International Finance Tec, REUTERS, Indian, Saudi Investment, Public Investment Fund, Crown, United Arab Emirates, Saudi Aramco, Thomson Locations: Gujarat, Gandhinagar, DELHI, Saudi Arabia, New Delhi, Dubai, Hong Kong, City, Falih, Delhi, Saudi, Riyadh, India, Indian, Maharashtra

☆ Brazil needs to review accession to ICC, own judiciary to decide on Putin: Lula
▼ + stars: | 2023-09-11 | by ( Nidhi Verma | ) www.reuters.com time to read: +2 min

Brazil's President Luiz Inacio Lula da Silva looks on during a press conference at a hotel after the G20 Summit, in New Delhi, India, September 11, 2023. REUTERS/Anushree Fadnavis Acquire Licensing RightsSept 11 (Reuters) - Brazil's president said on Monday there was a need to review the country's accession to the International Criminal Court when nations like the U.S., China and India had not done so. It would be up to Brazil's judiciary to decide whether Russian President Vladimir Putin would be arrested if he attends next year's G20 summit in the South American country, President Luiz Inacio Lula da Silva told reporters in New Delhi. "I want to know why the U.S, India and China didn't sign the ICC treaty and why our country signed it," Lula said. "If Putin decides to join (next year's summit), it is the judiciary's power to decide (on a possible arrest) and not my government," Lula said.

Persons: Luiz Inacio Lula da Silva, Anushree, Vladimir Putin, Lula, Putin, Sergei Lavrov, Nidhi Verma, Shilpa Jamkhandikar, Muralikumar Anantharaman, Raju Gopalakrishnan Organizations: REUTERS, International Criminal Court, ICC, Thomson Locations: New Delhi, India, U.S, China, American, Ukraine, Russia, Brazil, Rome, Bali and New Delhi, Rio de Janeiro

☆ India makes clean energy push at G20 with global biofuel alliance
▼ + stars: | 2023-09-09 | by ( Nidhi Verma | ) www.reuters.com time to read: +2 min

A general view of the venue for the G20 summit in New Delhi, India, September 9, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing RightsNEW DELHI, Sept 9 (Reuters) - India announced on Saturday the launch of a global biofuel alliance at a G20 summit in New Delhi to boost the use of cleaner fuels. "We are launching the Global Biofuel Alliance. The push for a biofuels alliance mirrors the International Solar Alliance launched by New Delhi and Paris in 2015 to bring clean and affordable solar energy within the reach of all. The alliance will help by encouraging global biofuels trade, developing concrete policies on lesson-sharing and promoting provision of technical support for national biofuels programmes worldwide, Oil Minister Hardeep Singh Puri said in July.

Persons: Amit Dave, Narendra Modi, Hardeep Singh Puri, Nidhi Verma, Shivam Patel, Jacqueline Wong, Kim Coghill Organizations: REUTERS, Global, Alliance, India, Solar Alliance, New, International Energy Agency, Oil, Thomson Locations: New Delhi, India, DELHI, United States, Brazil, Paris

In top consumer China, premiums climbed to as high as $55 an ounce over global spot prices this week, traders said, from $20-$38 last week. The policy-measures to support the economy are expected boost physical gold demand, said Peter Fung, head of dealing at Wing Fung Precious Metals. Official data on Thursday also showed that the People's Bank of China increased its gold holdings to 69.62 million fine troy ounces at end-August. Local gold prices were trading around 59,200 rupees per 10 grams on Friday, up nearly 2% in three weeks. In Japan, where domestic gold rates were trading at record levels this week, dealers charged $0.5 premiums.

Persons: Peter Fung, Bernard Sin, Harshad Ajmera, JJ, Anushree Mukherjee, Swati Verma, Rajendra Jadhav, Maju Samuel Organizations: Chinatown, Metals, People's Bank of China, U.S ., MKS, JJ Gold, Traders, Rajendra, Thomson Locations: China, Japan, India, Greater China, Kolkata, Local, Hong Kong, Singapore, Tokyo, Bengaluru, Mumbai

☆ Texas Power Grid to Resume Normal Operations, Cancels Emergency Alerts
▼ + stars: | 2023-09-06 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +1 min

(Reuters) - The Texas power grid operator said late on Wednesday it was resuming normal operations after lifting emergency measures, but still encouraged users to reduce power electric use. The Electric Reliability Council of Texas (ERCOT), which serves more than 26 million customers, had earlier declared an Energy Emergency Alert Level 2 (EEA 2), as operating reserves continued to drop. "No power outages associated with the ERCOT power grid were necessary," ERCOT said, adding that Texas had set a new September peak demand record of 82,705 Megawatts (MW). That was still below its all-time peak demand record of 85,435 MW hit on Aug. 10. Real-time power prices briefly hovered around $5,000 in most of ERCOT's Texas hubs, according to the ERCOT website.

Persons: ERCOT, Swati Verma, Rahul Paswan, Sherin Elizabeth Varghese, Ashitha, Richard Chang, Jamie Freed, Kim Coghill Organizations: Reuters, Reliability, of Texas, Energy, Texas Locations: Texas, EEA, ERCOT's Texas, Bengaluru

Bola Tinubu, President of Nigeria, arrives for the closing session of the New Global Financial Pact Summit, Friday, June 23, 2023 in Paris, France. Lewis Joly/Pool via REUTERS/File Photo Acquire Licensing RightsNEW DELHI, Sept 6 (Reuters) - Nigeria has secured nearly $14 billion of pledges from Indian investors and seeks an economic cooperation pact with the South Asian nation, a presidential spokesperson said on Wednesday. Skipperseil Ltd's founding Chairman Jitender Sachdeva and India's Bharti Enterprises each pledged $1.6 billion over four years to build power generation plants and $700 million in Nigeria, respectively, Ngelale said. Tinubu is attending at the invitation of India, which currently holds the rotating presidency of the bloc. "We are ready to give you the best returns for investment possible, there's nowhere else like our country," Tinubu said in the statement.

Persons: Bola Tinubu, Lewis Joly, India's Jindal, Ajuri Ngelale, Skipperseil, Jitender Sachdeva, Ngelale, Tinubu, Nidhi Verma, Felix Onuah, Elisha Bala, Shivam Patel, Christina Fincher, Richard Chang Organizations: New Global Financial, South, India's Jindal Steel, Indorama Corp, India's Bharti Enterprises, Defence Industries Corporation, Thomson Locations: Nigeria, Paris, France, DELHI, West, New Delhi, India, Africa's, South Africa, Abuja

☆ Gold retreats as growth risks drive safe-haven bids to US dollar
▼ + stars: | 2023-09-05 | by ( Harshit Verma | ) www.reuters.com time to read: +2 min

Spot gold was down 0.6% to $1,927.69 per ounce by 12:49 p.m. EDT (1649 GMT). Jitters about global growth, particularly in China and the euro zone, caused the safe-haven dollar to hit multi-month highs against a basket of currencies, making gold more expensive for overseas buyers. "The global growth slowdown story will eventually prove to be a positive for gold and that would only come once the market becomes more skeptical about the US recession risks." Silver shed 1.5% to $23.60 per ounce, logging its biggest daily drop in a month. Reporting by Harshit Verma in Bengaluru; Editing by Shinjini Ganguli and Paul SimaoOur Standards: The Thomson Reuters Trust Principles.

Persons: Edward Moya, Christopher Waller, Harshit Verma, Shinjini Ganguli, Paul Simao Organizations: Waller, Data, U.S, Reuters, Federal Reserve, Fed, CNBC, Thomson Locations: China, Bengaluru

☆ Australia: Mute Iranian asylum seeker detained for 10 years takes his case to High Court -- but even victory won't free him
▼ + stars: | 2023-09-05 | by ( Hilary Whiteman | ) edition.cnn.com time to read: +13 min

Emeralds was in court to seek a protection order against an immigration detention center supervisor who he accused of bullying. “Ned’s case is kind of like an exploration of all of the Kafkaesque aspects of Australia’s immigration detention and asylum regimes,” Verma said. Escape from IranThe man who adopted the name Ned Kelly Emeralds, in homage to the famous Australian bushranger, fled Iran in July 2013. Iranian asylum seeker Ned Kelly Emeralds has been mute for almost a decade and writes or texts to communicate. Gemma Baseley is among a group of supporters who regularly visit Ned Kelly Emeralds in detention.

Persons: Australia CNN —, cuffed, Ned Kelly Emeralds, he’s, Emeralds, ”, Sanmati Verma, Verma, “, ” Verma, Ned, he’d, Hilary Whiteman, mutism, ” Emeralds, “ Ned, Darryl Rangiah, Annette, Miguel Castillo, ” Annette Castillo, Annette Castillo, wouldn’t, Karen Andrews, didn’t, Andrews, ” Weeks, Perth Annette Castillo, doesn’t, Dawn Barrington, ” Barrington, Fran Hamilton, they’re, ” Hamilton, Gemma Baseley, Rev, –, Guy Coffey, Coffey, who’s Organizations: Australia CNN, Federal Court, Human Rights Law, Home Affairs, CNN, Australia’s Home Affairs, ”, Authority, IAA, Perth Immigration Detention, Perth, ” CNN, Federal, of, Emeralds, Immigration Detention, Labor, – Locations: Brisbane, Australia, Western Australia, Iran, Darwin, Christmas, Nauru, Perth, St, Paul’s, Paul's, ”

☆ In surprise move, Canada pauses talks on trade treaty with India
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Chris Helgren/File Photo Acquire Licensing RightsOTTAWA, Sept 1 (Reuters) - Canada on Friday unexpectedly said it had paused talks on a proposed trade treaty with India, just three months after the two nations said they aimed to seal an initial agreement this year. Canada and India have been talking off and on since 2010 about a comprehensive economic partnership agreement. India and Canada said in May they aimed to seal an initial agreement this year to increase trade and expand investment while setting out a mechanism to deal with disputes. Last month, a top Indian trade official said New Delhi planned to hold bilateral free trade talks with Canada and other nations on the sidelines of a G20 summit next week. Neither Trudeau's office or the office of Trade Minister Mary Ng were immediately available for comment.

Persons: Justin Trudeau, Chris Helgren, we've, Sanjay Kumar Verma, Trudeau, Mary Ng, David Ljunggren, Jonathan Oatis, Andy Sullivan Organizations: Canada's, Seventh Assembly of, Global Environment, REUTERS, Rights, Canadian Press, Ottawa, Trade, Thomson Locations: Vancouver , British Columbia, Canada, India, New Delhi, Delhi

Idalia was expected to intensify rapidly before slamming ashore on Wednesday morning, according to the Miami-based National Hurricane Center (NHC). SURGES UP TO 12 FEET HIGHMost of Florida's 21 million residents, along with many in Georgia and South Carolina, were under hurricane, tropical storm and storm surge warnings and advisories. "I don't panic, I prepare," said Bontrager, 40, who runs six sport and charter fishing boats in Venice along the Gulf Coast near Tampa. From Tuesday through Thursday, Florida's Gulf Coast along with southeastern Georgia and eastern portions of North and South Carolina could face torrential rains of 4 to 8 inches (10 to 20 cm, the hurricane center warned. In some spots, the surge of water could rise 8 to 12 feet (2.5-3.7 m), the hurricane center said.

Persons: Idalia, Ron DeSantis, Irma, Michael, Ian, Milton Bontrager's, Hurricane Idalia, Marco Bello, Anthony Holloway, DeSantis, Guan, Madelin Suarez Morejon, Rich McKay, Dave Sherwood, Brendan O'Brien, Steve Gorman, Swati Verma, David Ljunggren, Joseph Ax, Lincoln, Marguerita Choy Organizations: Hurricane Center, NHC, REUTERS, Federal Emergency Management, CNN, Tampa International, National Guard, Reuters Graphics Reuters, Authorities, Thomson Locations: Florida, Florida's Gulf Coast, Miami, Bend, Tallahassee, Gainesville, Tampa, St, Petersburg, Gulf of Mexico, Cuba, Georgia, South Carolina, Sarasota, Venice, Gulf, North, Cedar Key , Florida, Apalachicola Bay ., CUBA, Caribbean, Havana, Pinar del Rio, Atlanta, Guanimar, Chicago, Los Angeles, Bengaluru, Ottawa, West Stockbridge , Massachusetts

Aug 29 (Reuters) - Tropical Storm Idalia closed in on Florida's Gulf Coast on Tuesday after skirting past Cuba, headed for a U.S. landfall as a powerful Category 3 storm, prompting authorities to order evacuations of vulnerable shoreline areas. [1/3]People walk on a flooded street as Storm Idalia makes landfall in Cuba, Guanimar, Cuba, August 28, 2023. MOVING TO HIGHER GROUNDEvacuations of barrier islands and other low-lying areas of Florida's Gulf Coast began on Monday. Far to the east of Idalia, Hurricane Franklin, the first major hurricane of the season, meandered in the Atlantic, and was forecast to turn to the northeast over the next two days. The Category 4 storm threatened to bring heavy swells to Bermuda and the U.S. East Coast throughout the week.

Persons: Idalia, Buckle, Ron DeSantis, Irma, Michael, Ian, Guan, Storm Idalia, Alexandre Meneghini, We've, Yadira Alvarez, Shannon Hartsfield, Hartsfield, DeSantis, Hurricane Franklin, Rich McKay, Dave Sherwood, Brendan O'Brien, Steve Gorman, Swati Verma, Lincoln Organizations: U.S, Hurricane Center, NHC, Storm, REUTERS, Authorities, Coast, Hartsfield, Tampa International, National Guard, meandered, U.S ., Reuters Graphics Reuters, Thomson Locations: Florida's, Coast, Cuba, Miami, Bend, Florida, Gulf, Mexico, Sarasota, Tampa, Apalachicola Bay, Caribbean, Havana, Guanimar, Pinar del Rio, Florida's Gulf Coast, Georgia, North, South Carolina, Idalia, Hurricane, Bermuda, U.S . East Coast, Atlanta, Chicago, Los Angeles, Bengaluru

People in Mumbai celebrate the successful lunar landing of Chandrayaan-3 on the south pole of the Moon on August 23. Chandrayaan-3’s journeyAs Chandrayaan-3 approached the moon, its cameras captured photographs, including one taken on August 20 that India’s space agency shared Tuesday. India’s lunar lander consists of three parts: a lander, rover and propulsion module, which provided the spacecraft all the thrust required to traverse the 384,400-kilometer (238,855-mile) void between the moon and Earth. The lander, called Vikram, completed the precision maneuvers required to make a soft touchdown on the lunar surface after it was ejected from the propulsion module. A view of the moon as viewed by the Chandrayaan-3 lander during Lunar Orbit Insertion on August 5, 2023.

Persons: Vikram, India’s, ”, Somanath, Abhishek Chinnappa, “, Ashish Kumar Verma, Charvi Katare, Shah Rukh Khan, Sachin Tendulkar, “ Humble, Ursula von der Leyen, Narendra Modi, Russia’s Luna, Indranil Mukherjee, Modi, Jaishankar, Sergey Lavrov, ” Lavrov, Somnath, Bill Nelson Organizations: New, New Delhi CNN, Wednesday, Indian Space Research Organization, ISRO, Indian Space Research Organisation, of Scientific, Industrial Research, Twitter, European Union, Russia –, Soviet Union, Workers, Getty Images, ” India’s, NASA Locations: New Delhi, India, Sikh, Mumbai, ”, Russia, United States, China, Washington, assertiveness, Ukraine, Delhi, Moscow, South Africa, Johannesburg

☆ Storm Franklin hits Dominican Republic and Haiti, killing one
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +2 min

Franklin, which brought stormy winds and rainfall across the Dominican Republic and neighboring Haiti, is forecast to gather strength over the Atlantic Ocean and could near hurricane force this weekend. "Franklin could be near hurricane strength over the southwestern Atlantic by Saturday," the NHC said, saying it expected the storm to gradually strengthen from its current maximum sustained winds near 40 mph. The head of the Dominican COE emergency services a man had been found dead earlier on Wednesday in San Cristobal province, after trying to swim through floodwaters. In a briefing with COE, Dominican President Luis Abinader said the government would attend to communities whose infrastructure was damaged by the storm and that schools and businesses would resume on Thursday. The storm also cut off access to six Dominican communities and damaged roads, water infrastructure and the electrical grid, emergency services said.

Persons: SANTO, Storm Franklin, Franklin, Luis Abinader, Paul Mathiasen, Harold Isaac, Sarah Morland, Harshit Verma, Ananya, Lincoln Organizations: PORT, U.S, National Hurricane Center, NHC, country's Hydro, Meteorological Unit, The United Nations, Food Programme, Thomson Locations: SANTO DOMINGO, Dominican Republic, Hispaniola, Haiti, Puerto Plata, Dominican, Atlantic, San Cristobal province, Sud, Santo Domingo, Port, Mexico City, Bengaluru

☆ India's July Russian oil imports dip; Saudi import down to 2-1/2-yr low -trade
▼ + stars: | 2023-08-22 | by ( Nidhi Verma | ) www.reuters.com time to read: +2 min

Both China and India, the world's biggest and third-biggest oil importers, cut imports from Russia and Saudi Arabia in July after prices rose and as the two oil producers reduced output and crude oil shipments. Russian oil imports declined 5.7% to 1.85 million bpd and Saudi shipments fell by 26% to 470,000 bpd, the data showed. India's import of Russian oil may now decline further in August and September, however, as refiners plan maintenance at their plants and as Russian crude prices are above the $60-a-barrel ceiling imposed by the European Union and G7 economies after spot discounts shrank, sources said. Russia was still the top oil supplier to India in July, though, followed by Iraq and Saudi Arabia. India's oil importsIndia's oil imports from various regions(This story has been corrected to say April-July, not April-June, in paragraph 11)Reporting by Nidhi Verma; Editing by Florence Tan and Tom HogueOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Nidhi Verma, Florence Tan, Tom Hogue Organizations: REUTERS, DELHI, Organization of, Petroleum, European Union, United Arab, Thomson Locations: Russia, Saudi Arabia, China, India, OPEC, Moscow, Ukraine, Iraq, United Arab Emirates, Nigeria

☆ Storm brewing in Gulf of Mexico to strengthen en route to Texas
▼ + stars: | 2023-08-21 | by ( ) www.reuters.com time to read: +1 min

A graphic map shows a two-day tropical weather forecast above Atlantic ocean in this handout image obtained August 21, 2023. National Hurricane Centre/NOAA/Handout via REUTERS THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY Acquire Licensing RightsAug 21 (Reuters) - A storm system brewing in the Gulf of Mexico could strengthen into a named storm as it takes aim at the Texas coast, the U.S. National Hurricane Center said on Monday. There are a total of five storm systems now swirling in the Atlantic Ocean, with U.S. forecasters recently saying they now expect a more dangerous Atlantic storm season than previously projected. Tropical storms are closely watched, especially in the Gulf of Mexico, because of the threat they pose to offshore oil and natural gas production in the United States and Mexico. Offshore operations in the U.S.-regulated northern Gulf of Mexico accounts for 15% of total crude oil production and 5% of total dry natural gas output.

Persons: Harshit Verma, Rahul Paswan, Jonathan Oatis, Sandra Maler Organizations: National Hurricane Centre, REUTERS, U.S, National Hurricane Center, Thomson Locations: Gulf, Mexico, Texas, Port Mansfield , Texas, Miami, Gulf of Mexico, United States, U.S, Bengaluru

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