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G7 leaders meet in France after US and Iran declare agreement to end warGlobal leaders gather at a French resort for the G7 summit. Discussions will focus on a preliminary deal with Iran, the war in Ukraine, and...
Nukes, crude sanctions & frozen assets: Inside the 14-point US-Iran peace agreementA draft agreement between Iran and the United States has reportedly surfaced. This framework could unlock 24 billion dollars in frozen Iran...
Iran says draft US deal includes oil sanctions waiver, nuclear limits and asset releaseUS-Iran war: Tehran and the United States are in talks over a draft memorandum. This agreement could lead to the immediate reopening of the...
India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
Iran calls Trump's drone attack claims on Indian ships 'simply baseless'Iran has dismissed US President Donald Trump's claim of a drone attack on Indian ships in the Strait of Hormuz as "baseless." The Iranian e...
US military helping move 7 million barrels of oil per day out of Persian Gulf, Wright saysAmidst geopolitical tensions, the US military's efforts are securing the departure of seven million barrels of oil each day from the Persia...
'Europeans sell weapons, which are used to attack India': Jaishankar raises arms exports issueIndia's External Affairs Minister S. Jaishankar defended the country's decision to buy Russian oil. He stated that cost and availability gu...
Oil Price Today (June 12): Crude oil hits 3-month low as draft Iran-U.S. pact signals Hormuz reopening, sanctions reliefOil prices dropped significantly, hitting a three-month low on Friday. Reports emerged of a potential deal between Iran and the United Stat...
US 'specifically' asked India to buy Russian oil in 2022, says EAM JaishankarIndia's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oi...
In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...
US lawmakers seek $750 mln for Ukraine, rename Pentagon 'Department of War' in defense billThe US Senate Armed Services Committee has voted to extend security aid to Ukraine, allocating $750 million. This move signals continued co...
Will increase seafarer repatriations if needed: Shipping Ministry’s Mukesh MangalIndia plans to increase efforts to bring back its seafarers from West Asia if needed. Currently, 18,000 Indian seafarers are in the region....
China warns EU on new sanctions over Ukraine warChina has issued a stern warning to the European Union. Beijing opposes proposed EU sanctions targeting Chinese companies. These measures a...
India-based entities among firms targeted in EU's proposed 21st Russia sanctions packageThe European Union is proposing new sanctions against Russia. These measures could affect companies in India and other nations. The EU aims...
India to account for half of global oil demand growth over next decade: Rosneft CEORosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to rea...
'Trust-based, brotherly relations': Vladimir Putin on India-Russia tiesRussian President Vladimir Putin lauded the "brotherly" and "trust-based" India-Russia relationship at the St Petersburg International Econ...
Apple removes Russia's state-backed messenger from App StoreApple has removed Russia's state-backed Max messenger from its App Store, citing compliance with sanctions. The app, developed by VK whose ...
Putin faces rival visions of war and peace at Russia's 'Davos'Russia's future is debated at a key investment forum amidst the Ukraine war. Some leaders push for continued global confrontation with the ...
Putin's 'Russian Davos' opens with US guests as economy slows and war drags onRussia hosts its premier investment forum in Saint Petersburg. The event includes prominent figures from the United States and Germany. Thi...
Would like to end sanctions waivers on Russian oil: RubioThe United States aims to stop waivers allowing countries to buy Russian oil. These waivers were temporary measures to boost global supply....