New York: Oil rates in the international market have plummeted to $27 per barrel. The oil-producing countries have taken a major hit, as the rates have gone to the lowest level since 2003. Coronavirus has brought the global economy to a standstill and there is no possibility of the oil demand increasing in the near […]
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New Delhi/Mumbai: The number of Coronavirus cases in India has reached 114. Whereas, the number of cases in Maharashtra has reached 39. The Union health ministry announced that 13 patients were completely cured of the disease. Whereas, Foreign Minister S. Jaishankar has announced that 53 Indian citizens stranded in Iran have been brought back. It […]
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Riyadh/Cairo: It is evident that the impact of the Coronavirus pandemic is increasing in the Middle East countries and the number of cases, has reached nearly 15,000. Against this background, the prominent Middle East countries have declared a financial aid for measures to control the pandemic. Saudi, the UAE and Egypt together announced an aid […]
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Riyadh/Moscow: – There has been a strong reaction from OPEC after Russia refused to cut oil production and instead announced to increase it. Main members of OPEC, Saudi Arabia and the United Arab Emirates (UAE) announced an increase in oil production. Saudi will be producing 13 million barrels of oil and UAE has announced a […]
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Socotra/Washington: A unit of US Marines, known as the frontline force in the US defence forces has landed on the Socotra Island in Yemen, reports Yemenis media. This island, located at some distance from Yemen, is currently under the control of the United Arab Emirates (UAE), which is using the island as the command centre […]
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Tripoli: Turkey has continued with its supply of weapons to the Libyan government, with a complete disregard for the sanctions imposed by the United Nations. It is being reported that Egypt and UAE have decided to support the Haftar rebels, to stop this Turkish weapons smuggling. The Gulf media claimed that Egypt and UAE are […]
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New Delhi: The worldwide demand for oil has drastically reduced since the Coronavirus went on a rampage around the world. This has pulled the oil rates down. Countries like India, who import 80% of its oil requirement, can benefit in a big way because of this. Media are claiming that the dispute between OPEK countries […]
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Vienna: The agreement between OPEC, the main organisation of the oil-producing countries, and Russia, regarding oil production cut, has fallen through. This caused the international oil rates to tumble and they slid to below $47 per barrel level. A leading analyst and advisory company, from the oil sector, warned that if OPEC members do not […]
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Vienna: Iran has tripled its enriched Uranium stock through secret manufacturing at the nuclear projects. The International Atomic Energy Agency (IAEA) criticised that these developments in the Iran nuclear program, are a violation of the international rules. The Atomic Energy Agency had demanded a few days ago that Iran should permit inspection of the concerned […]
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New Delhi: Chief of Army Staff General Naravane said that all the encounters do not escalate to war, has been proved by the Balakot airstrikes carried out by India. The Chief of Army Staff made this suggestive statement while addressing a symposium in New Delhi and this once again shows the changed Indian tactics. General […]
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