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India, Japan agree on crude oil stockpiling & reserve systemsIndia and Japan are joining forces to bolster energy security, creating joint strategies for crude oil and petroleum product stockpiling to...
Japan-India Annual Summit: 150+ firms back $12.5 billion leap to fortify security tiesHe added a report by the Japanese newspaper The Yomiuri Shimbun, which noted that these initiatives, valued at approximately 2 trillion yen...
Ukrainian drone attacks on oil refineries plunge Russia into a summer fuel crisisUkrainian drone strikes on Russian oil refineries are causing widespread fuel shortages and long queues at gas stations across Russia. This...
Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...
No sudden shelter from storms: What protected India's oil supply during Hormuz crisisIndia successfully navigated the Hormuz Strait closure, avoiding fuel shortages despite initial fears. This resilience wasn't due to last-m...
India plans to add strategic fuel reserves after Iran war shockIndia is bolstering its energy security by planning strategic reserves of crude oil, LPG, and LNG to cover up to a month's demand, aiming t...
More cash, not enough weapons: NATO presses to produce moreNATO leaders face a critical challenge in Ankara: transforming increased defence budgets into actual weapons. Despite significant spending ...
Strait of Hormuz open or close, Iran-US deal to collapse anytime? Tehran strikes against vital American bases in Kuwait, Bahrain, U. S attack multiple Iranian military targetsStrait of Hormuz: Iran has been insisting on controlling passage through the vital strait, through which a fifth of the world's oil and liq...
Iran war latest ground report: Interim deal imperilled further as both sides go ballistic againIran war: Escalating tensions saw the U.S. launch airstrikes against Iran following attacks on Bahrain and Kuwait. President Trump warned o...
Trade disruptions, API dependence, compliance costs: Pharma MSMEs spell out policy priorities on World MSME DayIndian pharmaceutical MSMEs are facing immense pressure from rising costs, supply chain woes, and stringent regulations. Industry represent...
Russian hawks urge Putin to escalate war, drop US talks as Ukraine strikes deepAmidst escalating Ukrainian drone attacks, Russian hardliners are pressuring President Putin to abandon diplomacy and intensify the conflic...
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...
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...
Lockheed Martin gets $35 billion Thaad deal as Trump looks to stockpile weaponsPresident Trump is convening with top defense executives to accelerate weapons production, addressing depleted U.S. stockpiles after extens...
UN watchdog says Iran nuclear inspections 'going to happen'UN nuclear watchdog chief Rafael Grossi confirmed inspections at Iranian atomic sites are imminent, following a preliminary deal between Te...
In supercomputer marathon, China tops US; but AI-high? NoChina's LineShine supercomputer has topped the global TOP500 list, utilizing domestically produced chips. However, experts suggest this ach...
Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
Eight years on, from JCPOA to MoU: How Trump's Iran deal stacks up against Obama's nuclear pactPresident Trump has signed a 14-point memorandum with Iran, ending a four-month conflict and opening a 60-day window for a peace deal. This...
'Respect market economy': China rebuts G7 on critical minerals"China's efforts to standardise and improve its export control system are in line with international practices," foreign ministry spokesper...
US military to build war-ready stockpile in Australia: documentsThe US military is planning a permanent war-ready stockpile of weapons for its Marine Corps on Australia's southeast coast, tender document...