Washington: – The Advisor to the Saudi Royal family claimed, ‘Missile and drone attacks were carried out on the fuel project in far eastern Saudi Arabia. The evidence regarding this is pointing to Iran as the perpetrator of the attacks.’ He made this accusation during an interview with a US newspaper. The Sunday attack has […]
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Vienna: – It was decided in the meeting of OPEC, the organisation of oil-producing countries, that the oil production should be maintained at the current levels. But Saudi created a sensation with an announcement that it will be cutting down its oil production by 1 million barrels. This Saudi decision comes as a jolt to […]
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New Delhi: Foreign Minister S. Jaishankar has embarked on a visit to Qatar. The Foreign Minister informed that he held talks with the leaders in the trade and industry sectors. The Foreign Minister clarified that he gave the information regarding the opportunities created in India, because of the Atmanirbhar Bharat campaign, to the Qatar industry. […]
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Riyadh: Indian Chief of Army Staff, General Manoj Mukund Naravane, is on a visit to Saudi Arabia and United Arab Emirates (UAE). The visit of the Indian Army Chief attains significance against the background of the strained relations of both these countries with Pakistan. This is the first visit of the Indian Army Chief to […]
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New Delhi: The Union Government has permitted Abu Dhabi National Oil Company (ADNOC) to export the crude oil stored in the Mangaluru Strategic Oil Reserves. The government has made the policy flexible for the purpose. Although the first right on the oil will be of India in an emergency, ADNOC will be allowed to export […]
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Islamabad: – The threat issued by Pakistan, that if the OIC did not convene a meeting over the Kashmir Issue, Pakistan would call a meeting of the Islamic countries, supporting Pakistan on the Kashmir Issue, has boomeranged on Pakistan. Following this threat issued by the Pakistan Foreign Minister, taking Prime Minister Imran Khan’s name, to […]
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Tehran: There was a major crash reported in the value of Iranian Rial in view of the sanctions imposed by the United States in the last month, the Coronavirus crisis and the slump in the international oil markets. Local sources informed on Saturday that the Iranian Rial was exchanged at the rate of 193,400 Rials […]
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Washington: William Schaffner, a senior medical researcher from the United States, warned that the Second wave of Coronavirus has begun. The warning issued by Schaffner becomes significant because of the number of Coronavirus cases rising once again in leading countries like China and the United States. Indications are that the second wave of Coronavirus will […]
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Washington/London: 175,734 lives have been lost in the Coronavirus pandemic worldwide, and out of these, 107,000 are from Europe and more than 43,000 are from the United States. The disastrous effects of the outbreak have already started showing, and the crude oil rates have reached near zero. Although the condition improved after some time, a […]
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Washington/Riyadh: Following the agreement between OPEC and Russia regarding a historic cut in the crude oil production, there are indications of a fuel price rise in the international market. The rates of US crude rose by 2.6% on Monday, and it is claimed that there will be a further improvement in rates shortly. Meanwhile, US […]
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