30 million barrels of oil storage: India, UAE work to expand strategic reserves – here’s why it’s significant

India and UAE are also evaluating multiple storage arrangements, including commercial models. (AI image) India and the UAE are looking to expedite work on building 30 million barrels of strategic oil reserves. The move comes within weeks of PM Narendra Modi’s visit to UAE where MOUs for this were signed. India, the world’s third-largest consumer…

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‘Exercise restraint, prioritise safety of civilians’: India condemns attack on merchant vessels, sea lane in UN | India News

NEW DELHI: India has firmly opposed the attacks on merchant vessels and called for restraint, stressing the need to protect civilian lives, as several Indian nationals had either lost their lives or gone missing in attacks linked to the Middle East conflict.Speaking at the United Nations Security Council on Wednesday, India’s Permanent Representative to the…

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Gold, silver price prediction: Will gold, silver rates continue to move down? Check outlook on June 11, 2026

The 152,000 zone is shaping up as a strong resistance area. (AI image) Gold and silver price prediction today: Gold prices are seeing a bearish structure with the downtrend in place. Silver prices are trading cautiously, though with a negative bias, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold…

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