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Global coal prices surge as Ukraine tensions worsen supply woes

Global coal prices shot back towards record highs as the Ukraine crisis raises expectations that European buyers will start loading up on the fossil fuel over fears of a standoff between Russia and western nations, which may cut off gas supplies. The benchmark Newcastle coal index soared by over a third this month to $262 a tonne, fuelled initially by a month-long export ban ....

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Amid China vacuum, Australian coal finds new homes in India, Japan | Hellenic Shipping News Worldwide

For Australian coal, which has faced restrictions in the Chinese market since late 2020, new windows of opportunities have opened up. Many other Asian markets – such as India, Japan, South Korea and Taiwan – have witnessed sharp rises in Australian coal inflows. China imposed the unofficial ban on Australian coal in November 2020 after . ....

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Coal crisis a litmus test for India's resolve to eliminate imports | Hellenic Shipping News Worldwide

Surging power demand to support an economic revival, import slowdown due to high global prices, and seasonal disruptions have created coal shortages in India that have not been not seen in years, raising fears of widespread power cuts and triggering a broader debate on the country’s preparedness to shed its dependence on imports. Some coal-powered . ....

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Is India headed for an energy crisis like China?

Is India headed for an energy crisis like China?
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Is India staring at a power crisis? — Quartz India

Like China's, India's power plants are running worryingly short on coal. ....

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