BlackRock CEO Fink Warns of ‘Global Recession’ if Oil Goes to $150, BBC Reports

(Reuters) – BlackRock CEO Larry Fink said oil prices could reach $150 a barrel and cause a “global recession” if Iran “remains a threat” even after the war ends. “If…

Iran Rejects USA Peace Plan

(Update) March 25, 2026, 3:24 PM GMT: Article updated with Iran’s conditions in third paragraph. Iran said it rejected a US ceasefire proposal and maintained attacks on Israel and Gulf Arab…

India Targets Import Cuts With Historic Oil and Gas Drilling Campaign

India’s ONGC plans to invest between $18 and $20 billion on new oil and gas drilling to strengthen the country’s energy security, the Economic Times has reported, citing unnamed sources.…

India Pushes Back Flexible Coal Power Plan Amid Cost Uncertainty

India is delaying a plan to have coal-fired power plants operate at reduced rates when solar generation is at its highest, due to uncertainties about how to compensate coal plants…

Naphtha Shortage Forces Japanese Petrochemical Producers to Curb Output

Japan’s LNG imports are not much affected by the supply shock in the Middle East, but Japanese industrial natural gas use could drop anyway if petrochemicals plants continue to see…

Oil Extends Decline on De-Escalation Hopes

Oil prices extended their decline on hopes that the reported talks between the U.S. and Iran could lead to a de-escalation in tensions and potentially allow for the reopening of…

Ameren Illinois Offers New Flexible Payment Options To Help Customers Catch Up On Energy Bills

Representational image. Credit: Canva Ameren Illinois is offering flexible payment options and assistance programs for customers who are behind on their energy bills. The company says the goal is to…

Top Stories Of The Day: MNRE Flags Solar Rules; POWERGRID Issues Hydrogen Tender and More…

MNRE has asked Maharashtra to withdraw recent rooftop solar restrictions that tie system size to past electricity consumption instead of sanctioned load. The ministry said the move could slow rooftop…