Sunday was the day when European Union regulations prohibiting dealings with Russian state energy companies come into effect. That should trigger a further decline in the volume of crude and refined products bought and traded by European companies, but it won’t bring flows to a halt. Even when, or if, the EU finally imposes sanctions on the purchase of ...

Bloomberg India’s move to restrict wheat exports is set to reverberate through global agricultural markets, exposing just how tight global supplies are after the war in Ukraine and threatening to drive up food prices even more. The government said in a notification it will suspend overseas sales to manage its food security. This drew criticism from the agriculture ministers of ...

Bloomberg India’s monsoon will arrive early this year, providing much-needed relief after a record-breaking heat wave damaged crops and threatened the health of millions of people across the region. The mercury surged as high as about 48 degrees Celsius (118 degrees Fahrenheit) in some parts this month, after the average temperature soared in March to the highest ever for the ...