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2024

India Faces Major Summer Power Shortage

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1. Environmentalists Push for White House Ban on New US Oil Ports - After US President Joe Biden halted approvals for new LNG terminals this January, climate activists are now pushing the White House to implement a similar regulatory pause for crude oil shipping facilities. - The pressure from Sierra Club comes after the Department of Transportation quietly approved a deepwater port (SPOT) off the coast of Texas developed by Enterprise Products Partners, capable of exporting VLCCs. - There are currently three other crude export facilities…