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1970S OIL CRISIS
Oil edges lower amid resumption of strait shipments even as vessel hit near OmanOil prices are poised for significant weekly declines as supply worries ease with tankers navigating the Strait of Hormuz. Despite a cargo ...- As Cabinet-rank envoy takes charge, India reopens tourist visas for Bangladesh nationalsIndia will resume accepting tourist visa applications from Bangladeshi citizens starting June 28, announced High Commissioner Dinesh Trived...
- Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
- China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
- Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources sayBaghdad is signaling a potential departure from OPEC if its oil production quota isn't substantially raised, a move that would further dest...
- Dangerous humid heat days in India increase due to climate change: AnalysisIndia is grappling with a significant surge in dangerous humid heat days, escalating from 101 annually in the 1970s to 141 days per year by...
- Quote of the day by John Denver: 'Perhaps love is like a resting place, a shelter from the storm..' ; American folk singer's hit song teaches us that true love is all about healingJohn Denver's timeless lyrics from 'Perhaps Love' reveal love as a profound sanctuary, offering solace and warmth during life's storms. Mor...
- Mexico, Italy, others see up to two more months of heat stress than in 1970s: ReportGlobal heat stress is intensifying, with regions like Mexico and Kenya experiencing one to two extra months of dangerous heat annually. New...
- 'I will do what I have to do' if Iran does not stick to deal: TrumpPresident Trump warned Iran of unspecified actions if it fails to uphold its agreement with Washington, particularly regarding the use of u...
- America’s 'midlife crisis' may not be what we think: A study reveals deeper issues and links middle-aged struggles to these factorsMiddle age in the US is increasingly marked by loneliness, stress, and declining well-being, unlike in many European nations where midlife ...
- His span was much wider than FedAlan Greenspan, the influential former Fed chair, guided US monetary policy for nearly two decades, overseeing an era of low inflation and ...
- Rupee rebounds, but risks aboundThe rupee has experienced a brief rebound fueled by optimism surrounding the potential reopening of the Hormuz Strait and a decrease in oil...
- How India can build a bigger oil buffer without straining the exchequerAs tensions around Iran and the Strait of Hormuz ease, India should focus not only on managing the immediate oil crisis but also on strengt...
- Oil keeps flowing through Hormuz despite Iran saying it’s shutDespite Iran's claims of closing the Strait of Hormuz, millions of barrels of oil continued to flow through the vital waterway over the wee...
- What sanctions are there on Iran and will they be lifted?Iran's oil sales may see a waiver under a new interim deal. However, the country remains under a complex network of international sanctions...
- Oil slips again as US, Iran sign peace dealOil prices dropped as the U.S. and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Teh...
- US quietly allows waiver on Russian oil to expireAmerica's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...
- After Iran, China has a powerful new oil price weaponChina has emerged as the world's first oil "swing importer," significantly reducing its imports by a third to an eight-year low. This move,...
- What is the G7 and what's on the agenda at the Evian-les-Bains summit?G7 leaders convene in France to tackle pressing global issues including the wars in Ukraine and Iran, and economic imbalances. Discussions ...
- People who grew up in the 60s and 70s know there was a particular freedom in a summer with no schedule, no camps, no enrichment, just a long empty stretch you were expected to fill yourself, and somehow always didSummers of the past offered unstructured time, fostering creativity and self-reliance through boredom and exploration. This "wasted" time, ...
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