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India cuts fuel tax, refinery prices to ease pain of rising crude, weak rupee

NEW DELHI: India is cutting prices of petrol and diesel by 2.50 rupees ($0.03) a litre, Finance Minister Arun Jaitley said on Thursday, the...

Saudi Aramco seeks majority stake in Indian refinery

Oil giant Saudi Aramco is looking to buy a majority stake in a proposed refinery and petrochemical complex in the western Indian state of Maharashtra.

U.S., allies conduct 12 air strikes against Islamic State: Task Force

WASHINGTON: The United States and its allies carried out 12 air strikes against Islamic State militants in Iraq and Syria on Saturday, the Combined Joint Task Force said.

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