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U.S. - Iran Ceasefire Collapse Benefits India India's annual exports for the financial year 2026 are approximately 61.43 million metric tonnes of petroleum products worth about $45 billion annually. 2) Domestic consumption high of 243 million tonnes. 3) Annual export earnings for refined petroleum products generally range between $44 billion and $ 85 billion depending

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Saudi Arabia goes East

Crude storages post Ukraine Conflict The Saudi petrochemical conglomerate Aramco has recently made two strategic ventures with its biggest client.Rongsheng is China’s largest integrated refining and chemicals facility and the controlling owner of Zhejiang Petrochemical Corp (ZPC)  and a huge manufacturer of polyesters .Aramco will supply ZPC with petrochemical feedstocks of naphtha and paraxylene being

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