A pump jack is seen at sunrise near Bakersfield, California.— Reuters/FileGlobal supply to drop by 8m bpd in March due to Hormuz blockade.IEA says recovery of production could take weeks or months.IEA head says oil reserve release has ‘strong impact’ on markets.The…
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India approves $816 million rare earth permanent magnets manufacturing programme

Representational image of a piece of rare earth ore at a museum in Baotou, north China’s Inner Mongolia Autonomous Region. — Xinhua
India has approved a 72.8 billion rupees rare earth permanent magnets manufacturing programme, the information minister said, in an effort to cut…




