New Delhi/Beijing: Defence Minister Rajnath Singh informed the Parliament that Indian troops foiled an infiltration bid by the Chinese army in Arunachal Pradesh’s Tawang. Besides, saying the situation along the LAC is generally stable, China refrained from talking further about its military skirmish with the Indian army. Conversely, China’s official mouthpiece Global Times claimed that […]
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New Delhi: Russia surpassed Iraq and Saudi Arabia and became the largest fuel supplier of India for the second consecutive month. An organisation called Vortexa, which records fuel transport, gave this information. In October and November before March 31, 2022, India was buying only 0.2% of its oil demand from Russia, India’s largest oil supplier. […]
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Moscow: While imposing a price cap on Russian crude oil, the Western alliance, along with the European Union, has decided to stop seaborne imports of Russian crude oil. It came to light that Russia has created a ‘shadow fleet’ of more than 100 oil tankers to circumvent these sanctions imposed by the West. Leading UK […]
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Washington/Moscow/Vienna: Western countries have approved a proposal to keep the price of crude oil exported from Russia at 60 dollars per barrel. G7, European Union and Australia announced this on Friday. US Treasury Secretary Janet Yellen responded that this decision would cut off the flow of funds to Russian President Vladimir Putin’s conflict in Ukraine. […]
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London/Beijing – In the background of the increasing scope of the ongoing agitation in China and the shocks to the economy due to the ‘Zero Covid Policy’, there was a vigorous fall in the stock markets worldwide on Monday. The stock indices of the UK, France, and Germany in Europe and Japan, South Korea, Singapore […]
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Moscow: Russian President Vladimir Putin has warned that attempting to cap Russian fuel prices would seriously affect the international fuel market. G7 and the European Union are moving to restrict the prices of crude oil exported from Russia. According to Western sources, a proposal has been made to keep the price of Russian oil at […]
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Washington/Moscow: The World Bank claimed that the G7 countries alone are incapable of capping the prices of Russian oil and that participation from more countries would be needed. The World Bank report argues that such a mechanism to control oil prices is unprecedented and poses a significant risk. Against the backdrop of the World Bank […]
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London: Inflation in the UK has once again crossed 10% amid political upheaval, Russia- Ukraine war and soaring fuel prices. On Wednesday, the Office for National Statistics of the UK reported that the inflation index was recorded at 10.1% in September. Once again, in just three months, the inflation has exceeded 10 per cent. Earlier […]
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Washington: The demand for action against Saudi Arabia, which has decided to cut crude oil production without any consideration for the United States, is gaining momentum. Missiles to be supplied to Saudi and the Patriot air defence systems should be diverted to Ukraine. The members of the ‘Foreign Relations Committee’ in the US Senate proposed […]
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Washington: US President Joe Biden has threatened that Saudi Arabia and other OPEC-plus member countries will suffer the enormous consequences of Saudi Arabia’s decision to cut global fuel production along with Russia. The United States is giving indications that this threat is not empty. The White House informed that the Biden administration is reconsidering the […]
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