Reliance Industries Ltd. has capped fuel purchases across its retail outlets — limiting customers to about $11 worth of gasoline or diesel — as the Middle East crisis continues to choke off supplies despite a tentative ceasefire. The country’s largest private-sector oil refiner is restricting individual purchases to 1,000 rupees ($10.8) per visit at fuel stations it operates with partner BP Plc , ...
Reliance Industries Ltd. has capped fuel purchases across its retail outlets — limiting customers to about $11 worth of gasoline or diesel — as the Middle East crisis continues to choke off supplies despite a tentative ceasefire. The country’s largest private-sector oil refiner is restricting individual purchases to 1,000 rupees ($10.8) per visit at fuel stations it operates with partner BP Plc , according to people familiar with the matter. The joint venture has more than 2,000 fuel pumps across the country. While the company has issued no formal directive, operators of Jio-BP pumps have begun enforcing the caps to curb panic buying and prevent its stations from running dry as demand surges, the people said, asking not to be named because the information isn’t public. The rationing comes as India , the world’s third-largest oil consumer, grapples with the fallout of the weeks-long near-closure of the Strait of Hormuz — a vital lane for global shipments of crude, petroleum and natural gas. While a fragile US-Iran truce is in place, tanker traffic remains disrupted and insurers continue to classify the area as high-risk. A spokesperson for Reliance said there’s no directive restricting how much fuel customers can purchase, while acknowledging that such instances may have been the result of a “localized” situation. Ripple Effect While Reliance runs only 2% of the more than 102,000 gas stations in India, it’s the first operator to go beyond price hikes to rationing supply, reflecting an escalation of the uncertainty rippling through India’s energy market. State-run companies — Indian Oil Corp. , Bharat Petroleum Corp. and Hindustan Petroleum Corp. — that control the vast majority of fuel stations have not officially announced price hikes or purchase caps, but drivers have anecdotally reported similar 1,000 rupee limits being enforced at some gas stations. Nayara Energy , another private-sector fuel retailer, raised diesel and gasoline prices last month in an effort to ...
jetcityimage Cathie Wood -led ARK Invest scooped up Tesla ( TSLA ) shares as the stock extended its recent decline, with purchases estimated at roughly over $28M. The buying activity spread through three days, from April 6 to April 8, bagging close to 81K shares of the EV maker across its flagship ETFs, including ARK Innovation ETF ( ARKK ), ARK Autonomous Technology & Robotics ETF ( ARKQ ), and A...
jetcityimage Cathie Wood -led ARK Invest scooped up Tesla ( TSLA ) shares as the stock extended its recent decline, with purchases estimated at roughly over $28M. The buying activity spread through three days, from April 6 to April 8, bagging close to 81K shares of the EV maker across its flagship ETFs, including ARK Innovation ETF ( ARKK ), ARK Autonomous Technology & Robotics ETF ( ARKQ ), and ARK Space & Defense Innovation ETF ( ARKX ), marking its first purchase since early February, recent trade data showed. Tesla ( TSLA ) shares have fallen 13.9% so far this month and are down ~24% YTD. Tesla remains ARKK's largest holding at 8.49% of the portfolio as of Wednesday. Cathie Wood has consistently underscored autonomous driving as the cornerstone of ARK’s long-term thesis on Tesla ( TSLA ) and currently has over $880M worth of exposure to the stock. The buying occurred despite mixed analyst opinions and market volatility surrounding the EV giant, as well as a cautious Underweight rating from JPMorgan analyst Ryan Brinkman, who flagged concerns over Tesla’s ( TSLA ) rising inventory levels. Tesla ( TSLA ) fell to a 2026 low on Tuesday as sentiment on autonomy, EV, battery storage, and AI stocks continued to weaken ahead of its Q1 earnings report, scheduled for April 22. Tesla gets a Seeking Alpha Quant rating of Hold with a 3.24 score, and the highest factor grades are given to growth and profitability. Wall Street has given the stock a Buy rating. Among other notable Ark purchases this week are Robinhood ( HOOD ) and Kodiak AI ( KDK ). More on Tesla Tesla: Time To Dump Shares Tesla Won't Crash Anytime Soon Tesla Q1 2026 Deliveries Strengthen The Bearish Outlook What’s next for Tesla after a disappointing EV delivery report SA analyst upgrades/downgrades: TSLA, NVO, MSFT, AEO
jetcityimage Cathie Wood -led ARK Invest scooped up Tesla ( TSLA ) shares as the stock extended its recent decline, with purchases estimated at roughly over $28M. The buying activity spread through three days, from April 6 to April 8, bagging close to 81K shares of the EV maker across its flagship ETFs, including ARK Innovation ETF ( ARKK ), ARK Autonomous Technology & Robotics ETF ( ARKQ ), and A...
jetcityimage Cathie Wood -led ARK Invest scooped up Tesla ( TSLA ) shares as the stock extended its recent decline, with purchases estimated at roughly over $28M. The buying activity spread through three days, from April 6 to April 8, bagging close to 81K shares of the EV maker across its flagship ETFs, including ARK Innovation ETF ( ARKK ), ARK Autonomous Technology & Robotics ETF ( ARKQ ), and ARK Space & Defense Innovation ETF ( ARKX ), marking its first purchase since early February, recent trade data showed. Tesla ( TSLA ) shares have fallen 13.9% so far this month and are down ~24% YTD. Tesla remains ARKK's largest holding at 8.49% of the portfolio as of Wednesday. Cathie Wood has consistently underscored autonomous driving as the cornerstone of ARK’s long-term thesis on Tesla ( TSLA ) and currently has over $880M worth of exposure to the stock. The buying occurred despite mixed analyst opinions and market volatility surrounding the EV giant, as well as a cautious Underweight rating from JPMorgan analyst Ryan Brinkman, who flagged concerns over Tesla’s ( TSLA ) rising inventory levels. Tesla ( TSLA ) fell to a 2026 low on Tuesday as sentiment on autonomy, EV, battery storage, and AI stocks continued to weaken ahead of its Q1 earnings report, scheduled for April 22. Tesla gets a Seeking Alpha Quant rating of Hold with a 3.24 score, and the highest factor grades are given to growth and profitability. Wall Street has given the stock a Buy rating. Among other notable Ark purchases this week are Robinhood ( HOOD ) and Kodiak AI ( KDK ). More on Tesla Tesla: Time To Dump Shares Tesla Won't Crash Anytime Soon Tesla Q1 2026 Deliveries Strengthen The Bearish Outlook What’s next for Tesla after a disappointing EV delivery report SA analyst upgrades/downgrades: TSLA, NVO, MSFT, AEO
The new controls apply to both individual and family accounts. | Image: Spotify Spotify is adding new toggles to stop any and all video from playing inside the app, for both music and podcasts. The controls are rolling out worldwide, work across all platforms and devices, and can be used by managers of Family Plans to limit video content for every member on the subscription. The new controls haven...
The new controls apply to both individual and family accounts. | Image: Spotify Spotify is adding new toggles to stop any and all video from playing inside the app, for both music and podcasts. The controls are rolling out worldwide, work across all platforms and devices, and can be used by managers of Family Plans to limit video content for every member on the subscription. The new controls haven't arrived on my UK account or devices yet, but will appear under the "Content and display" settings on a phone, or the "Display" section on desktop. The existing toggle to disable Canvas clips - the short, looping, autoplay videos that Spotify added to the app in 2019 - is joined by a new toggle that disables access to music … Read the full story at The Verge.