Washington: The United States has acted against Iran, responsible for secret attacks on the foreign oil tankers, passing through the Persian Gulf. The US newspaper ‘The New York Times’ claimed that the United States has carried out a cyberattack on the main systems of the coveted Iranian Revolutionary Guards. The newspaper claimed that Iran was […]
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Beijing: China has announced that it will be building floating nuclear projects and 20 such projects will be built. The Chinese officials informed that these floating nuclear projects would lighten up the artificial islands created by China, in the South China Sea. The United States had already objected to the militarization of this region by China. With […]
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Berlin/Washington: German Foreign Minister Heiko Maas reprimanded the United States in clear words saying, ‘The European countries will decide the policy to address Europe’s oil needs and the United States need not interfere in that.’ A few days ago, the US Ambassador to Germany had threatened to impose sanctions against the companies participating in the […]
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Verna: While major European countries are opposed to Israel on issues like sanctions against Iran and Jerusalem, Israeli Prime Minister, Benjamin Netanyahu is on a visit to the Balkan countries of Europe. The Israeli Prime Minister is here to participate in the Craiova Forum, a group of the Balkan countries in Europe and he becomes […]
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Qamishli: Turkey had declared its participation in the conflict in Syria and Iraq against the IS. But an IS commander has created sensation by claiming that Turkey has been regularly buying oil and gas from the same IS. Syria also is a part of this oil transaction along with Turkey, added the IS militant. The […]
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Moscow: Russia and Iran have increased the scope of the ‘Oil for Goods’ cooperation to $45 billion, finishing the trade based on the US Dollar. This announcement was made by Russian Energy Minister ‘Alexander Novak’. Novak said that this decision was taken after the first phase, of supply of goods in exchange for fuel, was […]
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Beijing : Economists have warned that Chinese President Xi Jinping’s ambitious ‘One Belt One Road’ Project is posing a danger to the global financial system. Government banks of China are trying to raise funds to be issued as loans to the deprived and potentially dangerous countries. Economist Xu Chenggang and Bjorn Conrad have raised their […]
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Moscow: Russia has declared of its ‘Trefoil’ military base in the Arctic region to have become operational and has invited the foreign media for a visit. Russia’s invitation to foreign media is claimed to be an exhibit of its military power. Only in the last month, Russia had organised an international conference for the development […]
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Yangon/Beijing: The ambitious ‘Myanmar-China’ oil pipeline which should reduce the risk for China while importing oil by sea route went operational on Monday. The final agreement on this was signed during Myanmar’s President Htin Kyaw’s visit to China. As sources inform, a few hours after signing the agreement, the supply of crude oil to the pipeline […]
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Riyadh : The indications given by the Russian President, Vladimir Putin in the last month concerning collaborations with Saudi Arabia are beginning to materialise. On Sunday, Russia and Saudi Arabia signed a coherent mutual agreement for oil market collaborations. While there has been unanimity between both countries regarding the stability of the oil market, Saudi […]
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