Baghdad: The human rights organisation has claimed that 490 people have been killed in the demonstration, which has been going on for the last three months, in Iraq. More than 50 people are missing and about 3,000 people have been detained. The agitation seems to have festered further as the angry protestors have shut down […]
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Damascus: Four drone attacks were launched on oil projects storing Oil and Gas, in the Homs province, in central Syria. The Syrian government said that this was a terror attack and expressed a suspicion that the IS terrorists perpetrated these attacks. It is claimed that the Syrian economy already reeling under the pressures of international […]
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Moscow: Russian Finance Minister Anton Siluanov claimed that Russia could maintain its economic progress on the strength of its gold reserves, despite any slump in the oil prices, on the international level. Russia has a gold reserve of more than 2200 tonnes valued at USD 108 billion. At the same time, Russia has added to […]
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Dreadful attacks started on the oil refinery project of Aramco company at Abqaiq in Saudi, at 3:31 am on Saturday. Within the next eleven minutes, Khruais oil installations came under drone attacks. The Houthi rebels from Yemen accepted the responsibility of the attacks. Even in the past, the Houthi rebels have targeted Saudi military bases, […]
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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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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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New Delhi: India seems to be benefiting from the fact that China has imposed an additional 5 per cent tariffs on US crude oil coming from the United States. To avoid the excess five per cent tariffs, the Chinese consumer company had resold the oil before it reached China’s port. Also, the Indian company Bharat […]
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Washington: The Supreme Court in Gibraltar, under the British rule, ordered the release of the Iranian oil tanker. While the dispute was about to end with it, a US court ordered the US agencies to take over the Iranian oil tanker. The US court issued these orders accusing that the oil tanker had violated the […]
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Washington: Millions of barrels of oil supplied by Iran has been stored in oil depots by China. A leading US news agency claimed that China is bypassing the US sanctions by refusing to channelize this oil in the domestic market. As per the news agency, the Chinese plan to bring that oil in the market […]
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Washington/Dubai: An oil tanker from the United Arab Emirates (UAE) has gone missing from the Persian Gulf, since the last four days. As per the UAE sources, the tanker went missing from the radar, while it was passing through the Strait of Hormuz. The United States has said that it suspects that the ships of […]
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