Bern: The conflict in Ukraine is not the cause of the current global energy crisis. However, the chief of the world’s leading fuel company, Aramco, blamed the fuel sector’s reduced investment and insufficient options and backup plans as the main reasons. The chief of Aramco, Amin Nasser, strongly criticised the decisions of Western countries at […]
Washington/Brussels: There are indications that the fuel crisis has been intensifying more in Europe, which had planned to shake Russia by imposing restrictions on the import of Russian fuel. European leaders and experts had claimed that Russian fuel could be substituted with the support of US, Gulf and African countries. However, the Gulf and African […]
New Delhi: The ongoing nuclear deal talks between the United States and Iran are in the final stages. All the more, after Iran tabled its proposal regarding the deal before the United States and Western nations, Iran’s foreign minister Hossein Amir-Abdollahian held a telephonic discussion with Indian External Affairs Minister S. Jaishankar. As per the […]
Washington/Moscow: The G7 members have concurred over the proposal to cap the tariffs on fuel exports from Russia. A statement has been released that a decision was taken in this regard during the meeting held on Friday. It revealed that tariffs were going to be capped to prevent Russia from funding its ongoing military operation […]
New Delhi: The central government is making special efforts to ensure that international transactions happen in Indian Rupee (INR). Union Finance Minister Nirmala Sitharaman has said that Reserve Bank has taken necessary steps in this regard. Moreover, Sitharaman gave this information in a written reply to a question asked in the Lok Sabha. Last month, […]
Paris: French President Emmanuel Macron has warned that the people of France should start saving electricity now. Otherwise, they will face a big crisis in winter. Macron also alleged that Russia is using fuel exports as a weapon of war and may cut off fuel supplies completely. Besides, the French President assured that the French […]
New Delhi: Prime Minister Narendra Modi and Russian President Vladimir Putin had a phone conversation. The issue of Ukraine’s conflict was the priority of the discussion on Friday. The Prime Minister’s Office said that the role of India was presented by Prime Minister Modi, saying dialogue and diplomacy would only solve Ukraine’s problems. The Prime […]
Washington: ‘India is an important strategic partner of the United States. The United States attaches special importance to the relations with India and will continue to do so. But the United States intends to exert maximum pressure on Russia. Every country has to decide whether to support these efforts or not,’ the Pentagon, the US […]
Washington: The United States has imposed new harsh sanctions against companies linked to the Iranian petrochemical sector. The US Treasury Department took this action against companies in China and the United Arab Emirates (UAE). This is the third instance in the last ten days of the United States imposing sanctions against individuals and companies linked […]
Moscow: Russian President Vladimir Putin warned that no matter how many sanctions the West imposes and creates alternatives, these countries will not be able to refuse Russian fuel for many years. Putin also pointed out that the sanctions imposed on Russia have led to a decline in fuel supplies worldwide, prices are skyrocketing, and profits […]