The views of analysts reflect a wider Chinese tendency to emphasise regime resilience and caution against overstating the impact of what they are calling as ‘street mobilisation’.
US sanctions part of efforts to cut Iran’s crude exports to zero & prevent country from advancing its nuclear programme. Tehran's oil exports generated around $53 bn in revenue in 2023.
Oil minister Hardeep Singh Puri warned that these cuts could tip the world into recession. He also informed that Indian firms have signed new oil supply deals with Colombia and Brazil.
EU leaders agreed to pursue a partial embargo on Russian crude oil shipped on sea, potentially costing Putin up to $10 billion a year in lost export revenue.
The hull of Ever Given became wedged lengthways across the canal Tuesday, causing a pileup of at least 100 vessels seeking to transit between the Red Sea and Mediterranean.
Under Obama, Iran's crude and condensate exports fell by around 1.2 million barrels a day. Under Trump, it seems the decline will be bigger and faster.
India has already purchased nearly 16 million barrels of Russian crude so far in March 2026, translating to roughly 1.6 million barrels per day, indicating a sharp uptick.
In a first during his tenure as High Commissioner to India, Riaz Hamidullah addressed JOCAP consisting of tri-forces officers, as New Delhi & Dhaka step up normalisation efforts.
Trump has ushered in the age of humiliation. His method is to push around America’s friends rudely and publicly. He knows none of them can afford to fight back.
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