The government’s supposedly investor-friendly Hydrocarbon Exploration and Licensing Policy in 2016 has failed to yield results. India’s domestic crude oil output has continued to fall.
In Episode 1810 of Cut The Clutter, ThePrint Editor-in-Chief Shekhar Gupta looks at rivalries between Gulf countries that prevented an alternative to the Strait...
While the 1970s and 2022 shocks supercharged US inflation, a sustained conflict with Iran would primarily hit the American economy through slower growth.
The Middle East isn’t about to trigger an oil shock. It may be a wobble, perhaps a tremor, it may even get nasty, but the economy isn’t heading into recession.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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