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India’s Oil Import Bill Jumps 48% as Crude Prices Soar

India’s crude oil import bill jumped 48.4% to $74.8 billion in April-August as higher oil and shipping costs overwhelmed a slight decline in import volumes.

Sources (1)· Sep 22, 9:15 AM

Every telling

their own versions

OilPrice· Sep 22, 9:15 AMIndia’s Oil Import Bill Jumps 48% as Crude Prices Soar

The thread

Before

Trump has a ‘sledgehammer’ way to slash diesel prices. But it could boomerang back on the USBy Matt Egan, CNN New York (CNN) — Diesel, the most important fuel on the planet, is so expensive that some Republicans want President Donald Trump to stop exporting it to friends and allies. “High diesel prices ARE KILLING FARMERS INCOME,” Republican Sen. Chuck Grassley posted on X last week, calling for an “embargo on

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Oil interests reject Jeff Landry's diesel export ban ideaGov. Jeff Landry is calling for a ban on exports of diesel fuel, saying it’s a way to lower historically high prices.

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Republicans were bullish about the Senate. Now they’re playing defense in red states.President Donald Trump’s economic agenda is becoming a particular problem in the Midwest.

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Government midterm elections

Tariffs Need a Checks-and-Balances System From the BeginningIf tariffs are going to remain part of the policy toolkit for this administration, Congress should require any temporary levy to contain an unwinding mechanism from the outset and attach the mechanism to every delegated tariff authority, writes Andrew Leahey in Technically Speaking.

Bloomberg Tax News17d agoWhole story →

Economy tariff refund policy

Trump and Xi see tensions flare over AI, trade and Iran but still seek stabilityU.S. President Donald Trump is hosting Chinese leader Xi Jinping in Washington this week as economic and tech competition escalates between the two countries.

WDIV ClickOnDetroit17d agoWhole story →

Technology Donald Trump us china summit

Since

Mike Rogers Flip-Flops On Canada Tariffs And, Oh, The BacklashSen. Mike Rogers’ new ad now attacks the tariffs against Canada he supported a few months, but it doesn’t mention the guy responsible for them.

HuffPost2d agoWhole story →

Economy Mike Rogers canada tariffs controversy

Mike Rogers changes tune on tariffs, trade war with CanadaWith four weeks until the Nov. 3 election, the Republican US Senate nominee is suddenly calling for an end to Trump's "tariff war" with Canada.

Detroit Free Press2d agoWhole story →

Economy Mike Rogers michigan senate election

Michigan GOP Senate candidate says the trade war between Canada, US has to endMichigan GOP Senate candidate Mike Rogers said Wednesday that the trade war between the U.S. and Canada has to end.

WJLA2d agoWhole story →

Economy Mike Rogers us canada trade war

The FTC is sending money to people affected by GOAT marketplace’s “deceptive” policies.In 2024, the FTC alleged that GOAT didn’t mail “some priority processing orders as fast as promised” and didn’t have a system in place to honor its “Buyer Protection” policy that promised full refunds for products found to be incorrect. Last year, GOAT settled with the FTC and refunded more than $736,000, and today, the FTC is distributing payments…

The Verge1d agoWhole story →

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Pritzker declares Illinois a diesel disaster area, but fuel retailers are waryFrom Capitol News Illinois: Gov. JB Pritzker declared the entire state a disaster area on Tuesday due to the rising cost of diesel fuel and took executive action aimed at reigning in prices

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