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Saturday, August 16, 2025
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

Nobel committee, note how Trump allowed Munir to make nuclear threat against India from US soil

So far, India has responded to his threats with a measured, diplomatic, strategic, and multi-dimensional approach. Now, it needs to react firmly.

Modi’s ‘Diwali bonanza’ for the common man—next-gen GST reforms, lower tax on daily-use items soon

Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.