Washington: US President Joe Biden has threatened that Saudi Arabia and other OPEC-plus member countries will suffer the enormous consequences of Saudi Arabia’s decision to cut global fuel production along with Russia. The United States is giving indications that this threat is not empty. The White House informed that the Biden administration is reconsidering the […]
Tehran: ‘The UAE should not participate in the war in Yemen, nor should they support Saudi in this war. Otherwise, the future of the UAE will be terrifying,’ threatened the Houthi rebel group in Yemen. The ceasefire in Yemen ended last week. It is claimed that the conflict will flare up again as the Houthi […]
Washington: Last week, OPEC plus, a group comprising the world’s leading fuel-producing countries, decided to cut daily crude oil production by two million barrels. This has evoked a strong reaction from the US. The US Treasury Secretary Janet Yellen criticised OPEC’s decision as wrong and inappropriate. Besides, members of Congress from the ruling Democratic Party […]
Riyadh: Saudi Arabia’s King Salman bin Abdulaziz Al Saud declared Crown Prince Mohammed bin Salman as the country’s new prime minister. All the sources of Saudi are, thus, already focused on Crown Prince Mohammed. In such a situation, there are indications that Prince Mohammed bin Salman is preparing to take a unique turn in Saudi’s […]
Berlin: Germany is on the brink of recession as Russia restrains its energy supply. Germany is now looking at Saudi and UAE to establish cooperation to overcome dependency on Russia. Last week, the German chancellor, Olaf Scholz, urgently visited the Middle East. He signed an important agreement with the UAE and initiated a discussion to […]
Riyadh: A few weeks ago, US President Joe Biden announced the provision of advanced defence equipment to Saudi Arabia and the UAE. Biden assured that the United would stand by its Middle East allies. But it seems that Saudi and UAE have no faith in the US President. Both Middle East countries have begun buying […]
New Delhi: Discussions were held between the two countries on trading in India’s rupee and Saudi Arabia’s Riyal. Along with this, India’s Ministry of Commerce informed that the commerce ministers of both countries also discussed using India’s payment systems ‘UPI’ and ‘RuPay Card’ in Saudi Arabia. If the ongoing talks with Saudi Arabia, a leading […]
Riyadh: Tensions have been rising in the Persian Gulf due to the shaky stance of the US on the nuclear deal with Iran and the augmenting influence of Iran-aligned groups in Arab-Gulf countries. Considering this threat from Iran, Saudi Arabia has started modernising its Navy. As part of this, Saudi Arabia has purchased destroyers equipped […]
Riyadh: Indian External Affairs Minister S Jaishankar asserted that strategic cooperation between India and Saudi Arabia is a matter that guarantees mutual expansion, prosperity, stability, security and development. Jaishankar is on a three-day visit to Saudi Arabia. During this visit, the Indian Foreign Minister signed a memorandum of understanding with the ‘Gulf Cooperation Council-GCC’, the […]
Washington: There is a significant shift in the stance of the Biden administration, which denied air defence systems to Saudi Arabia and the United Arab Emirates (UAE) over the last year, citing human rights violations. The US State Department informed that it would provide advanced air defence systems such as Patriot and THAAD to Saudi […]