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Saudi beats UAE in Kenya fuel supplies on Iran war

KNBS data shows Saudi imports jumped a staggering 793.4 percent from Sh11.17 billion in the...

Saudi beats UAE in Kenya fuel supplies on Iran war

Petrol and diesel prices across major Indian cities - Delhi, Gurugram, and Jaipur - remained largely unchanged on 9 August, despite Brent crude oil prices falling 1.3% to $83.55 a barrel. This stability in fuel rates is due to the fact that state-run Oil Marketing Companies (OMCs) continue to set prices based on the last major revision on 25 May, insulating Indian consumers from market fluctuations.

Iran has set new terms to end its five-month war with the US, demanding that Washington lift its naval blockade of Iranian ports, withdraw its military from the region, compensate Iran for war damage, lift sanctions, and release frozen assets. The US must also stop aggression against Iran and its allies, according to Iran's Supreme National Security Council.

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China buys at least 10 more cargoes of US soybeans, traders say

China has bought at least another 10 cargoes of US soybeans, three Asian traders said on Thursday, the latest in a flurry of purchases ahead of President Xi Jinping’s expected US visit next month. State-run buyer Sinograin bought 10 to 15 cargoes on Wednesday, the traders said.

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