Electricity supply curbs imposed on factories over the last two weeks due to shortage of liquid fuel in thermal power stations have all been removed, a spokesperson for the Power Generation, Distribution and Transmission Company (Tavanir) said.
“Tavanir reduced power supply to industries by 3,...
Oil rose more than 1% on Monday to the near seven-year highs hit in the previous session, while supply concerns and political tension in Eastern Europe and the Middle East put prices on track for their biggest monthly gain in almost a year.
Brent crude rose $1.28, or 1.4%, to $91.31 a barrel,...