The exchange will help bring down natural gas prices through competitive trade and boosting usage in a country that relies heavily on cheaper coal for energy.
The crude flows in the Strait of Hormuz largely originate from Saudi Arabia, Iraq, the United Arab Emirates, Kuwait, and Qatar and move to China, India, Japan and South Korea.
Every February, headlines focus on defence budget allocation. But real question is—how much money was actually spent & why did promise-delivery gap widen in some years, narrow in others?
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