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...
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...
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....
A former Polish Defense Minister, Radek Sikorski, has attributed to the United States the sabotage of two pipelines, Nord Stream 1 and 2, which carry natural gas from Russia to Germany. “Thank you, USA,” Sikorski wrote on Twitter. Sikorski was Minister of National Defense from 2005 - 2007 and served as Deputy Minister of National Defense and Deputy Minister of Foreign Affairs, previously. He is currently an elected member of the European parliament.
Russian President Vladimir Putin issued a decree establishing a new payment system for Russian gas by non-friendly countries beginning April 1. Here's Russia’s gas-for-rubles payment schedule explained.
The end of world dollar hegemony is coming, and hardly anyone in government is taking notice or even understanding what this means. Since the Bretton Woods Conference in 1944, the dollar has been the only currency accepted throughout the world for settlement of international trade accounts among nations.
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.