In an interview, Indian Oil Minister Hardeep Singh Puri said that the West has tried to 'weaponize' Russian oil for ideological reasons.
On the fringes of India Energy Week...
As officials warned that more refugees could flee Sudan despite a ceasefire between rival forces, WHO sounded the alarm over the Sudan Biolab.
In 2021, China imported 79.6 million tons of crude from Russia (1.6 million barrels per day) vs. 87.6 million tons from Saudi Arabia (1.8 million barrels per day). These two producers respectively accounted for 15.5% and 17.1% of China’s total crude import at 513.2 million tons (10.3 million barrels per day), which was near Saudi Arabia’s total 2021 output of 515 million tons. At present demand, China is both Saudi Arabia and Russia’s top energy customer:
The Reserve Bank of India (RBI) has given the go-ahead for India and Tanzania to use their national currencies for bilateral trade settlement. The use of national currencies in bilateral trade settlements is expected to reduce the cost of transactions and enhance the efficiency of cross-border trade. This, in turn, will lead to increased trade volumes and greater economic cooperation between India and Tanzania.
Also, its hypersonic glide vehicle (HGV) has a scramjet engine and is presently undergoing ground testing, according to one of its top defense scientists, who spoke at a defense exhibition.
An Iranian official announced Sunday that the Saudi King had invited the Iranian President to visit for the first time in 25 years.
Dubai-based Emaar, a real estate developer from the United Arab Emirates (UAE), has become the first overseas company to invest in a mega-mall spread over 10 lakh square feet in Srinagar, a first since the Centre ended Jammu and Kashmir’s special constitutional position in 2019.
The hunt for the Pentagon leaker has reached the Pentagon, as the leak covers such a wide range of topics that experts suggest the main source could be an American.
Since February 21, when Russia acknowledged the separatist republics of Donetsk and Luhansk in eastern Ukraine, laying the groundwork for the special military operation three days later, Western nations have instituted a succession of economic sanctions against hundreds of Russian political leaders and corporate tycoons who regulate the country's media, financial institutions, oil refineries, and other critical industries.
Fresh off a legislative congress where he cemented his vision for governing China, Xi Jinping turned to how he would create a better world order. It would be based on mutual respect, tolerance and equality — and China would be its natural leader, he told heads of political parties for an array of countries, including Russia and South Africa, Nicaragua and East Timor.
