The massive explosion that rocked Lebanon completely obliterated the Port of Beirut. Although, officials did not say what caused the initial blaze that set off the blast, the Port of Beirut has been caught in a covert war brewing...
In a big blow to the Aatmanirbhar Bharat Abhiyan, India is planning to store its Oil in US Reserves. Although the move will create further energy-dependency for India in the event of supply-chain disruption or price-spikes, the policy is...
A secret oil deal between China and Iran at the heart of the One belt One Road project will change the geopolitical balance of power in the Middle East. The manufacturing products created by utilizing cheap Iranian resources will...
Hugo Chavez, the former President used to roam the streets of Venezuela in tanks filled with Gold bars displaying to his countrymen how their Gold and Oil would be used to pull the nation out of the Petrodollar system....
President Nicolas Maduro has announced that Venezuela will sue US in International Criminal Court (ICC) for severe damage caused by the economic sanctions. Meanwhile, an India-Russia partnership is helping Venezuela bypass the US imposed sanctions.
Venezuelan President Nicolas Maduro has...
A notification from the RBI has announced that India now allows international trade settlement in Rupee with Russia, Sri Lanka, and other nations.
After Iraq's Oil Ministry approved Inpex, the big oil corporation of Japan, to sell its share of Iraq's biggest oil discovery, 'Block 10', Russia is set to take control of it for 20 years.
According to reports, a boat or underwater drone may have buried mines close to the pipelines months or even years ago. And these remote-controlled explosives are likely behind the Nord Stream leaks.
Despite exempting several sectors from sanctions, the US is warning India that increased trade with Moscow will result in grave repercussions. Yet, Indian firms have begun the process to accept China's yuan for their exports.
The US Maritime Administration of the Department of Transportation has approved Enterprise's Sea Port Oil Terminal's proposal to build a huge Gulf oil terminal.
