How India’s LPG shortage & fuel export restrictions are raising gasoline prices in California

US-Iran conflict impact: The global energy shock triggered by the US-Israeli conflict with Iran is now rippling through economies far beyond the Middle East, exposing how deeply interconnected fuel supply chains have become. For example, in India, shortages of cooking gas are emerging, while in California, gasoline prices have surged to nearly $6 per gallon….

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“The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence.”

Charles Bukowski (Image: Wikipedia) Some quotes arrive gently. They encourage people, offer comfort and leave readers feeling slightly better than before. Then some quotes almost poke people in the shoulder. They sound sharp, slightly uncomfortable and perhaps a little cynical too. This quote by Charles Bukowski belongs somewhere in that second category.The first reaction many…

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IU and Byeon Woo Seok apologize over ‘Perfect Crown’ historical controversy; ‘I sincerely reflect and apologize’

Famed Korean idols IU and Byeon Woo Seok are currently leading the K-drama ‘Perfect Crown.’ While the show has been a hit for the most part, the latest episodes released recently ended up garnering a lot of public scrutiny. When many people pointed out some historical inaccuracies, thye actors were quick to issue an official…

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US Treasury reaches $275 million settlement with Adani Enterprises over Iran sanctions violations

The US Treasury Department on Monday said it had reached a $275 million settlement with Adani Enterprises over the company’s potential civil liability linked to 32 apparent violations of US sanctions involving Iran, according to a Reuters report.The US Treasury’s Office of Foreign Assets Control (OFAC) said Adani Enterprises had purchased shipments of liquefied petroleum…

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