London: Due to the Russia-Ukraine conflict, the people in the United States and Europe have faced a big crisis of fuel price hikes. Western countries have taken action against sanctions, holding Russia fully responsible for this. However, the major fuel companies in the United States and Europe have benefited the most from the increased fuel […]
Read More »
Moscow: – Some Baltic countries, along with Germany, Poland and Ukraine, will join forces to form the ‘Fourth Reich’ in Europe. War will break out between France and the ‘Fourth Reich’. Dmitriy Medvedev, the former President of Russia and Vice-Chairman of the National Security Council, has predicted that Europe will be disintegrated and Poland will […]
Read More »
Moscow: This is the road towards the destruction of world energy. There may come a time when the underinvested industry will no longer provide the market with the required volume of products. And then prices can skyrocket. And they will hurt those who are trying to implement these tools, warned Russian President Vladimir Putin. While […]
Read More »
Washington/Moscow: ‘I don’t think anyone likes it. We don’t know how far it will go. Today, it’s Russia. But tomorrow, that can change, and it could be a global price cap. That would be extremely serious,’ warned Oman’s Minister of Fuel, Salim Al-Aufi. Oman is a leading country in OPEC, an organisation of fuel-producing countries, […]
Read More »
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. […]
Read More »
New Delhi: The G7 countries, the United States, Canada, United Kingdom, France, Germany, Italy and Japan, have imposed a price cap, meaning a sealing on the selling price of the fuel exported by Russia. According to this, other countries purchasing Russian fuel can purchase it at a rate of only $60 per barrel. But the […]
Read More »
Brussels/Moscow: The European Union meeting has indicated that the price of crude oil imported from Russia will be kept at $60 per barrel. European sources informed that the resolution in this regard has yet to be fully approved, but Poland has taken a reluctant stance to keep the price at a low level. However, European […]
Read More »
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 […]
Read More »
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 […]
Read More »
Vienna/Washington: OPEC Plus, a group which includes the world’s leading fuel-producing countries, has decided to decrease crude oil production by two million barrels per day. This decision is considered to be a significant diplomatic victory for Russia. The United States has strongly reacted to this, and the Biden administration has criticised the announcement as protecting […]
Read More »
