Faced with foreign policy challenges of rising Iranian menace to the Middle East and US retrenchment from region, Saudi Arabia & UAE know they can’t let their differences get out of hand.
It’s not the first time that India has voiced concern over OPEC’s output policy. In Jan, Oil minister Dharmendra Pradhan said OPEC's policy was 'creating confusion for consuming countries'.
India's shift to exporters like US and Nigeria comes amid an increased demand for gasoline, as the pandemic pushes people to private cars instead of public transport.
The alliance of producers is discussing a delay of the supply boost they’d hoped to make in January as demand is suffering a fresh blow from the pandemic's resurgence.
After the oil-price slump of the mid-1980s, it took two decades for prices to return to their previous levels — longer if you build in the effects of inflation.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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