New Delhi: Indian External Affairs Minister S. Jaishankar clarified in the Rajya Sabha ‘Indian stand regarding the conflict between Russia and Ukraine is firm and consistent. India hopes for peace in the region and it is only promoting that.’ At the same time, the External Affairs Minister pointed out that trade with Russia and the […]
Riyadh/Beijing: – Saudi, which has been selling crude oil only against the USD for the last five decades, has started preparations to start selling oil against the Chinese Yuan. Detailed discussions are being held between China and Saudi for this purpose. If the talks are fruitful, it will be a significant jolt for the USD […]
New Delhi/Moscow: Russia, tormented by sanctions imposed by the United States and its allies, has proposed to sell fuel to India at concessional rates. India is preparing to accept the proposal when the fuel rates have sky-rocketed; some officials have given such indications. As per these officials, banks, Rupee-Ruble exchange rate and other matters are […]
Riyadh/Beijing: – Saudi Arabian company ACES has signed an important agreement with China for manufacturing military drones. This agreement indicates the growing military cooperation between Saudi Arabia and China. Discord between the United States and Saudi Arabia in the defence sector has surfaced over the last year. Against this background, this agreement signed by Saudi […]
Washington: – Saudi Arabia and the United Arab Emirates (UAE) are displeased with President Biden’s policies regarding the Middle East. The supreme leaders in both these Arab countries are not answering calls from President Biden. The US daily ‘The Washington Times’ reported that while President Biden wishes to discuss the Russia-Ukraine war, the Saudi and […]
Beijing: Chinese Foreign Minister Wang Yi held talks with Ukrainian Foreign Minister Dmytro Kuleba on Wednesday. The Chinese Foreign Minister expressed vital concern that innocent civilian lives were lost in the conflict continuing for the last few days. Western analysts have claimed that the Russian economy will get affected severely following the harsh sanctions imposed […]
Beijing – Chinese State Councillor of National Defence Gen. Wei Fenghe said that both China and Saudi Arabia are strong allies and possess mutual trust. In the last few years, while both nations have been augmenting political ties and in various domains, it is vital to strengthen practical cooperation between the two militaries as well. […]
Riyadh/Warsaw: – While the fuel prices are increasing on the international level, Saudi has initiated steps to expand its market. Saudi signed three fuel agreements with Poland, one of the leading European countries. Sources indicated that these agreements can increase fuel supply to Poland and central and eastern European countries. Russia is known as the […]
Beijing / Riyadh – A high-level delegation comprising foreign ministers of Saudi Arabia, Oman, Kuwait and Bahrain has arrived in China. The delegation also includes the head of the Gulf Cooperation Council, the main organization of the Gulf countries. Chinese sources said that the five-day visit would focus on fuel, free trade agreements, and strategic […]
Washington: – Even though the ‘Energy Crisis’ unfolding at the international level, the United States has emerged as the largest exporter of Liquified Natural Gas (LNG). The United States has surpassed Australia and Qatar, the leaders in LNG exports. In 2018, the United States also became the highest producer of crude oil. The United […]