Thursday, 30 June, 2022

Sharon Cho

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On Camera

YourTurn

A man sits across flare stacks burning off excess gas at the Nahr Bin Omar oilfield in Iraq's southern province of Basra | Photographer: Hussein Faleh/AFP/Getty Images via Bloomberg

OPEC’s second largest producer Iraq hit as cheap Russian oil flows into Asia

Basrah Medium & Heavy crude, Iraq's main exported grades, face a threat in international markets as major buyers, India & China prefer discounted Russian crude oil after Ukraine invasion.

Defence

Nirmala Sitharaman being sworn in as defence minister by President Ram Nath Kovind

The biggest challenges Nirmala Sitharaman will face as India’s new Defence Minister

Sitharaman, who is only the second woman defence minister in India's history, is expected to work closely with the Finance Minister to take key industry-related decisions

With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again

Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.
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