December 12, 2025

Russia's Oil Exports Plunge to Lowest Since Ukraine War Amid Sanctions and Strikes

Russia's oil exports dropped to 6.9 mb/d in November, the lowest since the Ukraine war started. Falling prices and attacks cut revenues by $3.6 billion, says IEA. US sanctions and Ukraine's strikes hit Russia’s oil trade hard.

December 12, 2025

Tesla’s US Sales Hit Nearly Four-Year Low Despite Cheaper Models

Tesla’s US sales plunged to the lowest level since 2022 in November. Cheaper Model 3 and Model Y ‘Standard’ versions failed to boost demand after the EV tax credit ended.

December 12, 2025

Meta India Names Aman Jain as New Head of Public Policy

Meta India has appointed Aman Jain as its new head of Public Policy. Starting early next year, Jain will lead policy strategy and join the India leadership team, reporting to Simon Milner, VP of Policy, APAC. With over 20 years of experience, Jain is set to strengthen Meta’s role in India's growing digital economy.

December 12, 2025

Maduro Says US Wants Venezuela’s Oil, But Production Limits Pose Challenges

Venezuela’s leader Nicolás Maduro says the US aims to take his country’s oil. Despite huge oil reserves, Venezuela’s production is low. US sanctions and politics make big oil deals tough. Chevron is the only US firm still active. Experts say reviving oil output will take huge investment and time.

December 12, 2025

DGCA Removes Four Flight Officers Amid IndiGo Disruptions; CEO Summoned for Talks

DGCA has removed four flight inspection officers after IndiGo faced massive flight delays. IndiGo CEO Pieter Elbers will meet DGCA on December 12 to discuss pilot shortages and passenger compensation.