Paris: French President Emmanuel Macron has warned that the people of France should start saving electricity now. Otherwise, they will face a big crisis in winter. Macron also alleged that Russia is using fuel exports as a weapon of war and may cut off fuel supplies completely. Besides, the French President assured that the French […]
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New Delhi: Prime Minister Narendra Modi and Russian President Vladimir Putin had a phone conversation. The issue of Ukraine’s conflict was the priority of the discussion on Friday. The Prime Minister’s Office said that the role of India was presented by Prime Minister Modi, saying dialogue and diplomacy would only solve Ukraine’s problems. The Prime […]
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Cairo: Memorandum of Understanding (MoU) was signed between Israel, Egypt and the European Union. According to this, Israel will be supplying natural fuel gas to the European Union with assistance from Egypt. The Israeli Energy Minister said that this is a historic development and that his country was creating its place in the global energy […]
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Paris: A crisis bigger than the 1970 ‘Oil Crisis’ has been created, riding on the sanctions imposed against Russia. International Energy Agency (IEA) Chief Fatih Birol warned that the United States and European countries might have to resort to fuel rationing in the coming times. There was a shortage of only crude oil in 1970. […]
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Moscow/Washington: The western leaders had bragged that the harsh sanctions imposed on Russia following the invasion of Ukraine would break the Russian economy, and it would be forced to stop the Ukraine war. But the performance of the Russian economy has delivered a tight slap across the face of these leaders making such claims. There […]
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Moscow/Beijing: The United States and Europe are trying to ban Russian fuel against the background of the Ukraine war. A few days ago, the European Union even moved a proposal to stop crude oil imports from Russia. Europe has expedited moves to increase procurement of fuel gas from the United States, Gulf countries and Africa […]
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Paris: – Fatih Birol, the Chief of the International Energy Agency (IEA), issued a serious warning that taking into account the lead position of Russia in the international energy sector, sanctions imposed against this country could trigger a global energy crisis. Many leading countries, including the European countries, are dependent on Russian fuels. The oil-producing […]
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Washington: – Even though the ‘Energy Crisis’ unfolding at the international level, the United States has emerged as the largest exporter of Liquified Natural Gas (LNG). The United States has surpassed Australia and Qatar, the leaders in LNG exports. In 2018, the United States also became the highest producer of crude oil. The United […]
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New Delhi/Mumbai: – There was an addition of nearly $3.5 billion to the Indian foreign exchange reserves, in a matter of only a week, taking it to a record $555 billion. There has been an increase of a whopping $80 billion, even during the times of Coronavirus crisis, and the annualised increase is $115 billion. […]
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Andaman-Nicobar: While tension still prevails on the Chinese border, India has started moves to increase pressure on China on all fronts. After lashing out at China over the South China Sea, India has begun comprehensive war exercises near the Andaman and Nicobar Islands to show its influence in the Indo-Pacific sector. The Indian war exercises […]
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