AGP Executive Report
Last update: an hour agoIndia-Japan Energy Security: Modi and Japan PM Sanae Takaichi announced a roadmap that includes strategic stockpiling cooperation and deeper energy resilience ties, aiming to blunt oil-supply shocks. Oil Market Mood: Oil slid for a third straight day as talks around the Strait of Hormuz eased disruption fears, with analysts warning the market may be overcalling a glut. India’s Gulf Risk Prep: Oil Minister Hardeep Puri said India must expand oil and fuel storage while prices are low, after the Gulf crisis exposed gaps. Refining Trade Flip: Reuters reports Russia is importing gasoline from India as Ukrainian strikes hit Russian refining capacity; India’s refiners sell back refined fuel via traders. EV Import Savings: An SBI report says EV adoption could cut India’s crude import bill by Rs 1 lakh crore by 2030 if EVs reach a 20% share. Renewables Finance: Inox Clean Energy raised INR 700 crore from Adar Poonawalla Family Office to expand renewables and manufacturing. South Asia Investment Push: Pakistan met China’s Shandong Xinxu, discussing upgrades like FCC refinery units, offshore work, and LNG-linked “energy cities.” Offshore Wind Diplomacy: Belgium told Malaysia it wants to cooperate on offshore energy, including scaling offshore wind.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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