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Latest: Energy News

China Drops Dollar for Yuan in $88bn Russia Commodity Trade
China Drops Dollar for Yuan in $88bn Russia Commodity Trade

Western sanctions against Russia over its invasion of Ukraine have given a boost to China's efforts to internationalise its currency, with a dramatic increase in its use in commodity and energy trade with Russia

China Raids Capvision Amid Crackdown on Due Diligence Firms
China Raids Capvision Amid Crackdown on Due Diligence Firms

State media says consultants harmed national security by helping the West 'buy state secrets'; but lobby groups say raids on advisory group Capvision have damaged investor confidence

IMF Working on Bailout to Avoid Economic Collapse in Pakistan
IMF Working on Bailout to Avoid Economic Collapse in Pakistan

The IMF is working on a bailout while Pakistan has assured its balance of payments gap will be fully funded, but $3 billion pledged by Saudi Arabia and UAE has yet to come through

Australian Exports to China Shoot Back up to Record Highs
India, China Pushing For ‘Multiple Pathways’ to Net Zero
Hyundai Vows to Stop Sale of Excavators Used in Amazon
Australia’s Central Bank in Shock Rate Hike, Warns More Possible
Mintz Executive Caught in China’s Growing Web of Exit Bans
S Korea Exports Sink For Seventh Month, China Sales Slump
Indian Factory Activity Rises to 4-Month Peak in April

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Energy: The Big Picture

India Is Likely Exporting Refined Russian Oil to the West

India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.