Search For "oil trade"
US sanctions hit Indian companies over Iran oil trade
Updated : 7 months, 1 week ago IST
The US Department of State announced the sanctions on Wednesday, alleging the Indian firms knowingly engaged in "significant transactions" for the purchase and marketing of Iranian petroleum products, violating American sanctions on Iran.
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"We're negotiating with India right now": US President Trump after declari
Updated : 7 months, 1 week ago IST
In response to ANI, if the US remains open to negotiating with India on the tariff front, Trump stated, "We're talking to them now. We'll see what happens. Again, India was the highest or just about the highest tariff nation in the world, one of the highest, 100 points, 150 points or perc
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EU approves strongest sanctions yet against Russia, targets shadow fleet,
Updated : 7 months, 4 weeks ago IST
The newly passed sanctions hit hard at the core of Russia's economy, especially its energy, banking and military sectors, and are designed to cut down Russia's ability to finance its war on Ukraine.
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India's oil imports from Russia helped global markets to stabilise: Hardee
Updated : 8 months ago IST
Petroleum and Natural Gas Minister Hardeep Puri said India's continued purchase of crude oil from Russia helped stabilise energy prices globally, and halting oil trade from Russia would have spiralled crude prices to over USD 120-130 per barrel.
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Any decision to close Strait of Hormuz will impact global oil supply, say
Updated : 8 months, 3 weeks ago IST
Amid rising tensions in the Middle East due to continued military action by Israel and Iran, experts have said that any closure of the Strait of Hormuz will hit global oil trade.
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Dubai Chambers organises Dubai-Madagascar Business Forum
Updated : 9 months, 2 weeks ago IST
Dubai Chambers hosted the Dubai-Madagascar Business Forum, welcoming a 60-company Malagasy delegation led by President Andry Rajoelina. The forum highlighted growing bilateral ties, a 90 per cent surge in non-oil trade, and key sectoral investment opportunities.
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Pakistan security forces abduct four oil traders in Balochistan
Updated : 1 year, 3 months ago IST
Pakistan security forces have reportedly abducted four oil traders in Balochistan's Panjgur district. The individuals were taken from Paroom tehsil, with families and local activists condemning the abductions as "inhumane." The incident highlights ongoing issues of enforced disappearances
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Pakistan: Oil traders in Turbat protest profiling amid trade token issuanc
Updated : 1 year, 3 months ago IST
Traders have been instructed to submit detailed personal information, including identification documents and a guarantee from a grade-17 officer, to secure trade tokens.
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Abdullah bin Zayed chairs 12th session of UAE-Bahrain Joint Higher Committ
Updated : 1 year, 3 months ago IST
The UAE-Bahrain Joint Higher Committee convened its 12th session in Manama, chaired by UAE Foreign Minister Abdullah bin Zayed Al Nahyan and Bahrain's Foreign Minister Abdullatif bin Rashid Al Zayani. Discussions focused on deepening strategic relations, with non-oil trade between the nation
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Sharjah Chamber highlights efforts to support business councils in strengt
Updated : 1 year, 3 months ago IST
The Sharjah Chamber of Commerce and Industry (SCCI) reaffirmed its commitment to strengthening Sharjah's position as an economic hub during the Sharjah-Pakistan Business Forum. Organised with the newly established Pakistan Business Council, the forum gathered over 200 investors and entrepren
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India-UAE JC meeting highlights growth in bilateral trade, targets USD 100
Updated : 1 year, 4 months ago IST
According to the Ministry of Commerce and Industry, wide-ranging discussions took place to explore measures to deepen trade relations and capitalize on the growing economic partnership.
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Do geopolitical events have an effect on stock prices?
Updated : 1 year, 5 months ago IST
New Delhi [India], September 28: When you think of stock markets, the first thing that often may come to your mind is how a company's performance impacts its share price. But there is a bigger picture: global and local events play a crucial role too.
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