Public procurement in the EU is worth €2 trillion a year (14% of GDP). Half of public tenders are awarded on the basis of the lowest price alone, without any other consideration. As a result, […]
India’s diesel exports to Europe surged 137% year-on-year to 242,000 barrels per day (bpd) in August, as buyers braced for the European Union’s ban on fuels refined from Russian crude from January 2026 which could […]
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