Riyadh/Beijing: Saudi Arabia and China have signed a currency swap agreement worth 50 billion yuan. According to sources, this agreement was signed between the two central banks, ‘Central Bank of Saudi Arabia’ and ‘The People’s Bank of China’. Earlier this year, Saudi Arabia had hinted at using currencies other than the US dollar for fuel […]
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Washington/Moscow: Russia has retained its fuel business despite sanctions imposed by the West in the backdrop of the Russia-Ukraine conflict that started last year. In the last week of August, the US website ‘Bloomberg’ provided information that Russia’s crude oil exports have reached up to 3.4 million barrels daily. It is said to be the […]
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Doha: Saudi Arabian Oil Minister Prince Abdulaziz bin Salman has warned that the decision to be made at next month’s OPEC Plus meeting could be painful for short sellers in the market. Earlier, he also reminded that the decision OPEC Plus took in April was also a shock to the speculators in the market. Due […]
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Riyadh – Saudi Arabia’s Energy Minister, Abdulaziz bin Salman has warned the Western countries to stop the production and supply of oil if attempts are made to cap the price of crude oil. Other oil-producing countries which are allies of Saudi Arabia would follow the same. Due to the Russia-Ukraine conflict, in December, the […]
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London/Washington/Moscow – After the Russia-Ukraine conflict began, the United States took the initiative to impose sanctions on the economy, including sanctions on Russian oil. Claims were made by leading officials and analysts, including the US President, to prevent the Ukraine conflict by smashing the Russian economy. However, it has not made much difference even after […]
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New Delhi: In February, India bought more than 1.6 million barrels per day of oil from Russia. Earlier, Saudi Arabia and Iraq supplied the most oil to India. However, in February, India bought more oil from Russia than the total fuel imported from Saudi Arabia and Iraq. It has come to light that India’s fuel […]
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Riyadh: Since Saudi Arabia has found large uranium reserves, Energy Minister Prince Abdulaziz bin Salman says it will boost the development of nuclear power generation. It will also help Saudi Arabia diversify its energy mix by including nuclear sources. Presently Iran, Israel and the UAE have nuclear power plants in the countries of the Middle […]
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Tokyo/Moscow: It has surfaced that an increase in trade between Russia and Japan has occurred, given the sanctions imposed by the G7, a group of advanced countries in the world, and other western countries. In the first 11 months of 2022, trade between the two countries has reached a whopping $18 billion. It was revealed […]
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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 […]
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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 […]
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