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India's Trade Deficit Surges As Energy Import Prices Soar
India's Trade Deficit Surges As Energy Import Prices Soar
India's trade deficit soared in April by more than analysts expected, as the surge in oil and gas prices hiked the Indian energy import bill.
The trade deficit jumped by $8bn from $20.6bn in March to $28.38bn last month, higher than the $26 billion estimate, on a broad-based increase in imports. At the same time, total exports grew by 13.8% in April from a year earlier to hit $43.56 billion.
Oil imports sequentially rose by around 60% MoM likely driven by higher volumes in April (vs....
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Jun 1, 2026 / Tyler Durden
'Los Gatos Party Mom' Sentenced To 35 Years For Throwing Drunken Teen Parties
'Los Gatos Party Mom' Sentenced To 35 Years For Throwing Drunken Teen Parties
Authored by Dylan Morgan via The Epoch Times,
A Los Gatos, California, woman was sentenced on May 28 to 35 years and 10 months in prison, the maximum allowed, for hosting parties for young teenagers where she brought alcohol and egged on sex acts.
Shannon O’Connor, 52, threw these parties for two years and discouraged teens, who were mostly 14 and 15 years old, from telling their parents or police about the parties or calling for help when one...
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May 11, 2026 / Tyler Durden
Trump: Iran's Response A "Piece Of Garbage", Puts Ceasefire "On Life Support"
Trump: Iran's Response A "Piece Of Garbage", Puts Ceasefire "On Life Support"
Summary
US President blasts 'piece of garbage' Iran response, says ceasefire on 'life support'.
Trump mulls restarting Project Freedom in Hormuz and says forcibly retrieving 'nuclear dust' is still on the table, oil jumps on headline.
Iran Foreign Ministry: "Everything we proposed in the text was reasonable and generous." However, US officials insist on their "unreasonable demands."
Saudi Arabia condemns Iran for its latest drone attacks targeting the UAE, Qatar and Kuwait on Sunday.
Qatari LNG tanker abruptly U-Turns In Hormuz chokepoint after earlier in weekend...
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Jun 8, 2026 / Tyler Durden
Netanyahu Confirms Israel 'Holding Fire, For Now' - Rejects Iran Red Line To Not Attack Lebanon
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