Oil rates jump 20% following attacks in Saudi, indications of rates touching USD 100 per barrel

Oil rates jump 20% following attacks in Saudi, indications of rates touching USD 100 per barrel

London/New York: Following the drone attacks on the oil refinery projects of Aramco in Saudi, the oil rates in the international market have jumped by 20%. The oil rates have climbed to USD 71 per barrel in the market transactions on Monday. This is said to be the biggest leap in the oil rates, in […]

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New US-Israel agreement to strengthen defence cooperation, proposed by US President Trump

New US-Israel agreement to strengthen defence cooperation, proposed by US President Trump

Washington/Jerusalem: With talks for a new defence agreement between the United States and Israel underway, US President Donald Trump indicated that the process would be expedited after the elections in Israel. This statement by President Trump is considered to be very important in the context of the Israeli elections. Last week, Israeli Prime Minister Benjamin […]

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US and Japan should help Taiwan to manufacture advanced submarines, appeal by former Taiwanese Defence Minister

US and Japan should help Taiwan to manufacture advanced submarines, appeal by former Taiwanese Defence Minister

Taipei/Washington: Former Taiwanese Defence Minister Michael Tsai appealed ‘Taiwan can challenge the Chinese influence in the Pacific region. Therefore, the United States and Japan should assist Taiwan to manufacture advanced submarines, challenging Chinese domination.’ The Taiwanese defence department has made massive provisions for the manufacture of advanced submarines. Former Taiwanese Defence Minister, Michael Tsai clarified […]

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Debt burden on the US crosses $400 trillion, claims report by a private financial institution

Debt burden on the US crosses $400 trillion, claims report by a private financial institution

Washington: A private financial institution issued a sensational warning that the total debt burden in the US economy is 20 times the Gross Domestic Product (GDP) of the United States and the number has reached nearly $400 trillion. A few months ago, the US treasury department had released information that the national borrowing is to […]

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Iran carried out drone attacks on Saudi oil facilities, alleges senior US official

Iran carried out drone attacks on Saudi oil facilities, alleges senior US official

Washington: A senior US official claimed that Iran carried out the drone attacks on the Saudi oil facilities in Abqaiq and Khurais on Saturday. The official told a news channel that Iran attacked the Saudi oil facilities with cruise missiles and more than 20 drones. However, Iran has dismissed the US accusations for the second […]

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US should attack Iranian oil facilities, demands Senator Lindsey Graham

US should attack Iranian oil facilities, demands Senator Lindsey Graham

Washington: Senator Graham Lindsey demanded that if the consistent provocation from Iran has to be stopped, it has to be taught a lesson and for that, and the United States should, therefore, carry out attacks on the Iranian oil facilities. The United States had accused Iran of being responsible for Saturday’s drone attacks in Saudi […]

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Saudi competent and ready to retaliate against the terror attack on the oil projects, says Crown Prince Mohammed Bin Salman

Saudi competent and ready to retaliate against the terror attack on the oil projects, says Crown Prince Mohammed Bin Salman

Riyadh/Tehran: Saudi Crown Prince Mohammed Bin Salman warned that Saudi was competent and ready to retaliate against the terror attack on the largest oil refinery project in Saudi Arabia. Saudi Arabian Crown Prince Mohammed Bin Salman held a telephonic discussion with US President Donald Trump regarding the attacks by the Houthi rebels on Saturday. At […]

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Canada to sell Iran properties to compensate for terror victims; draws angry reactions from Iran

Canada to sell Iran properties to compensate for terror victims; draws angry reactions from Iran

Ottawa/Tehran: The Canadian government seized and sold Iranian properties worth nearly $30 million. The money was distributed as compensation to the kin of the US citizens, who were victims of the terror attacks carried out by the Iran affiliated terrorist groups. The action was taken after the Canadian court issued an order to that effect. […]

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Houthi rebels capture Saudi territory, claims Iranian news agency

Houthi rebels capture Saudi territory, claims Iranian news agency

Tehran: The Houthi rebels who have seized the locations under the control of the Saudi-backed Hadi government in Yemen, have now gained control of Saudi territory. The Houthi rebels have captured the territory by launching a strike on Saudi’s southern border, claimed an Iran affiliated news agency. Following this, Saudi tried to drive away these […]

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