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Gold
4315.00
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88.921
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Real-time News
September 2nd - As tensions escalate again in the Middle East, crude oil shipments to India have been disrupted. At least two refiners have been forced to arrange for more expensive alternative sources due to delayed arrivals of their scheduled cargoes. According to sources, Bharat Oil Corporation, Indias state-owned oil company, had four shipments of crude oil from the Persian Gulf that failed to arrive on schedule in August. They also indicated that some crude oil delivery times for Indian Oil Corporation (INC) have been adjusted. Sources familiar with the transactions revealed that the sudden supply disruptions have forced Indian refiners to seek alternative sources, leading to a surge in recent procurement tenders and inquiries. Of the four delayed shipments for INC, two were from the UAE, one from Saudi Arabia, and one from Kuwait.September 2 – EU High Representative for Foreign Affairs and Security Policy Maria Callas said on September 2 that the EU had summoned the Russian ambassador to the EU regarding the attempted drone attack on Leipzig airport in Germany. An informal meeting of EU foreign ministers was held that day in Wicklow, Ireland. Callas stated before the meeting that the incident "has all the characteristics of state-sponsored terrorism," and that the EU and many EU member states had separately summoned the Russian ambassadors to the EU and relevant countries. The countries would discuss next steps at the meeting held that day.Israeli Defense Minister Katz: There is still work to be done, but about 70% of the Gaza Strip is abandoned, with no residents, no houses, and no tunnels.Israeli Defense Minister Katz: Currently, about 60% to 70% of the Gaza Strip has become a wasteland.The price of baseload electricity delivered in France the following year rose by 5.2% to €77.5 per megawatt-hour.
