UK Chancellor Healey said the next spending review will ring-fence dedicated funding for preventative spending to lower future costs.

UK Chancellor Healy confirmed Rolls‑Royce will develop next‑generation turbine engine technology in the UK, committing £2.5 billion in investment.

Two market sources said on Wednesday India's state LPG importers are likely to award a joint tender to ADNOC, TotalEnergies and Chevron for about 2.75 mln t of LPG for 2027 delivery. The long-term tender drew roughly 12 bids. State refiners Indian Oil, Bharat Petroleum and Hindustan Petroleum had sought monthly purchases equal to four VLGC cargoes. India's oil minister said on Tuesday about 67% of the country's LPG imports currently come from the United States.