Iran's President Masoud Pezeshkian said on Saturday that there needs to be an "immediate cessation" of what he described as U.S.-Israeli aggression to end the war and wider regional conflict, Iran's embassy in India said in an X post on Saturday.
Indian refiners plan to resume buying Iranian oil while refiners elsewhere in Asia are examining such a move after Washington temporarily removed sanctions to alleviate an energy crunch caused by the U.S.-Israeli war on Iran, traders said on Saturday.
BASF has underscored the need to boost its China presence with the single largest investment project in the company's history to tap into long-term growth there even as global markets cool down.