Indian petroleum companies have signed long term deals with the UAE for energy supplies, all of which have been impacted by the ongoing war, as the UAE faced the brunt of Iran's retaliation.
Cylinder demand had gone up to 89 lakh due to panic ordering by consumers and has now come down to 50 lakh again, according to the petroleum ministry's statement.
This is the latest phase in the US-China technology competition, which now spans supply chain law, export controls, labour compliance, and semiconductor access.
American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.
COMMENTS