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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London/New York: Following the shooting down of a US drone by Iranian missiles, the tension at the international level has been escalated, the repercussions of which are seen on the global economy. It is observed that gold which is known to be a safe investment in the times of uncertainty has jumped to $ 1,400 […]
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Moscow: OPEC member countries and Russia may increase the production of crude oil by the end of this year. This will result in the supply of crude oil exceeding the demand. Russian Energy Minister Alexander Novak claimed that therefore, the rate of crude oil could crash below $30 per barrel. Only 24 hours ago, the […]
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Washington/Tehran: The United States has delivered one more jolt to Iran by imposing sanctions against the ‘Persian Gulf Petrochemical Industries Limited’. The United States levelled the sanctions accusing the company of supplying funds to Revolutionary Guards, which is declared as a terrorist outfit by the United States. A day before the announcement of sanctions, French […]
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Washington: US Senator Lindsey Graham warned ‘The United States withdrew its military from Iran in 2011. Following that, a dangerous terrorist organisation like IS flourished in that country. Now President Trump is withdrawing the military from Syria. This withdrawal will have more dreadful effects than the withdrawalfrom Iraq.’ Graham drew attention to the instability that […]
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Singapore/Washington: The US National Security Advisor John Bolton issued a stern warning saying that The United States will be increasing the intensity of sanctions against Iran. The main objective of the US sanctions is to bring the Iranian oil exports to nought. The United States intends to exert immense pressure on Iran. The pressure exerted […]
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Washington: The US Senate passed a proposal to impose sanctions against the Iran supporting terrorist organisation, Hezbollah blaming that it is a threat to the interests of Israel and the United States. This will lead to a harsh action on the foreign companies and organisations dealing with the Hezbollah. The US analysts have claimed that […]
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London/Washington: The oil rates jumped by 2% on Monday to settle at $80 per barrel. This takes the oil rates to its highest level since November 2014. This jump will continue and by the beginning of the year 2019, the oil rates would cross $100 per barrel, warned the companies from the oil sector. Severe […]
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Brussels: To save Iran’s nuclear deal, the European Union has announced a special financial aid to Iran of nearly two million Euros. This is expected to serve as a major step to improvise the economical and regional relationships, between the European Union and Iran, claims High Representative of the European Union for Foreign Affairs and […]
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Beirut: ‘The Hezbollah military units may not be stronger than the Gulf countries. But as compared to the Israeli army the Hezbollah is definitely stronger. The Hezbollah strength has increased manifold as compared to the past and the Hezbollah military is prepared to face any war,’ announced Hezbollah chief Hassan Nasrallah. He issued this warning […]
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