NEW DELHI: The United States on Wednesday again hailed India as a “great partner”, praising New Delhi’s purchase of oil from its old ally Russia and crediting it as an effort to maintain stable oil prices around the world.The US envoy to India, Sergio Gor, wrote on X, “India has been a great partner in…
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PM Narendra Modi NEW DELHI: The Congress on Wednesday sharply criticised Prime Minister Narendra Modi, questioning its silence after a US official reiterated the United States has “permitted” India to temporarily purchase Russian oil.In a post on X, the opposition party highlighted remarks by White House press secretary Karoline Leavitt, who called India a “good…
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Bitcoin BTC$69,951.35 touched $71,612 on Tuesday evening before settling back to $70,036 by Wednesday’s Asian session, as oil price slide revved up risk sentiment. A key catalyst was a Wall Street Journal report that the International Energy Agency had proposed the largest crude reserve release in its history, exceeding the 182 million barrels released in…
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Oil markets are experiencing sharp volatility as traders try to interpret conflicting signals about the impact of the escalating United States-Israel war with Iran on global energy supplies, with the turbulence already rippling through the aviation industry.Airlines across Asia and the Pacific are raising ticket prices and introducing or increasing fuel surcharges as jet fuel…
