Moscow/ Paris – Despite the Western sanction on oil due to the Ukraine war, Russia has managed to keep up with its oil exports. New report by the International Energy Agency (IEA) indicates that Russian exports have been about 8.1 million barrels per day in March, the highest in the last three years, earning a […]
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Sana/Riyadh: – The Houthi rebels, who dismissed the ceasefire proposal presented by Saudi Arabia, launched fierce drone attacks on a Saudi oil terminal and military bases. Saudi government informed that a tank filled with oil caught fire in the attack. Saudi, infuriated by the attacks, has warned of a strong retaliation against the missile and […]
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Riyadh/Tehran: The Houthi rebels in Yemen launched a drone attack on the Najran airport in Saudi. This is the third attack on the airport by the Houthi insurgents, in the last three days. An Iranian newspaper has warned Saudi not to ignore these attacks. The Iranian newspaper stated that the Houthi rebels could bring the […]
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Tehran/Geneva: In an apparent threat Iranian President Hassan Rouhani said, “The United States cannot stop the Iranian oil exports. However, if the United States tries to stop Iranian oil exports in the times to come, Iran will not let a single drop of Gulf oil to pass through the Persian Gulf.” A few hours ago, […]
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Tehran/London: Iran has started feeling the heat of the harsh sanctions imposed by US President Donald Trump. The Iranian oil exports have shown a decline to the extent of 46% compared to last year. The slide is not expected to stop here but may increase further in the coming months, said the Iranian officials. As […]
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Washington: The United States seems to have reaped the benefits of the agreement signed between the main organisation of oil-producing countries, OPEC and Russia for raising oil prices. Russia and OPEC had signed an agreement to reduce oil production with the objective of creating a hike in oil prices. The United States has taken advantage […]
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Washington: Leading financial institution JP Morgan Chase warned that the United States and European countries had imposed sanctions against the Russian fuel sector since the Ukraine conflict started. The Russian leadership has repeatedly warned of a strong retaliation against the sanctions. In this scenario, if the Russian leadership decides to cut oil exports, the fuel […]
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Washington/Moscow: Russia has retained its fuel business despite sanctions imposed by the West in the backdrop of the Russia-Ukraine conflict that started last year. In the last week of August, the US website ‘Bloomberg’ provided information that Russia’s crude oil exports have reached up to 3.4 million barrels daily. It is said to be the […]
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Moscow/Riyadh/London – The crude oil price has seen a jump after the leading countries of the oil sector, Russia and Saudi Arabia, announced to cut fuel production. On Tuesday, crude oil price crossed the $90 mark per barrel, the highest since November 2022. Analysts have estimated, on the backdrop of this increase, that crude oil […]
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New Delhi – India’s refined fuel export to European countries has increased to 3,60,000 barrels per day. Due to this, India seems to have overtaken Saudi Arabia, which supplies fuel to European countries. Kepler Data, which records fuel transactions, gave this information. At the same time, ‘Kepler Data’ has also said that Russia’s fuel oil […]
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