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Monday, February 2, 2026
TopicSaudi Arabian Oil Co.

Topic: Saudi Arabian Oil Co.

Oil prices fall for the second time in a week post Saudi Arabia’s decision to cut output

Oil prices rose last week as Saudi announced to cut its oil output by 1 million barrels a day to support flagging crude oil prices.

Only US Congress has authority to lock and load on Iran

The US Constitution gives the legislation, not the president, the power to decide whether to go to war. However, choosing military action against Iran would be imprudent.

Saudi prince needs to focus on more realistic and practical reforms

Saudi Arabia needs to reduce the state’s role in the economy, promote privatisation and ensure greater transparency in the system.

On Camera

India needs derivatives for high economic growth. STT hike is a bad move

A sound tax system is one based on the ability to pay or economic surplus. But the STT taxes the circulation of capital and not its returns, making it deeply distortionary.

Seafood industry welcomes Budget’s fisheries push. ‘Lays groundwork for becoming global player’

Exporters said the Budget’s proposals to increase duty-free import limits on processing, create 500 reservoirs and support fisheries startups will boost the marine industry.

10X Budget beef-up for Intelligence Bureau capex, after Pahalgam & Red Fort terror attacks

After lapses exposed by terror attacks at Pahalgam and Delhi's Red Fort, Centre has hiked Intelligence Bureau's expenditure for investments in long-term assets from Rs 257 cr to Rs 2,549 cr. 

Swiss report should now close Op Sindoor debate. Knowing when to stop the fight is key too

The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.