Islamabad [Pakistan], April 15 (ANI): Pakistan's economy is in doldrums and people of the country may face another blow as the prices of petrol and diesel may go up by Pakistani Rs 83.5 and Rs 119 per litre respectively.
Moscow [Russia], April 14 (ANI/Sputnik): Russian President Vladimir Putin will hold a meeting on Thursday on the situation in the oil and gas sector, with the main report to be made by Deputy Prime Minister Alexander Novak, in charge of the issue, Kremlin spokesman Dmitry Peskov said.
London [UK], April 14 (ANI/Sputnik): The United Kingdom will not stop oil and gas production in the country despite ongoing large-scale protests by environmental activists, UK Secretary of State for Business, Energy and Industrial Strategy Kwasi Kwarteng said on Wednesday.
Islamabad [Pakistan], April 12 (ANI): The new Prime Minister of Pakistan is under tremendous pressure due to surging oil prices caused by the Russia-Ukraine conflict and is haunted by the circular debt crisis.
Washington [US], April 12 (ANI): In a strong response to criticism of India's purchase of Russian oil, External Affairs Minister S Jaishankar on Monday said India's total purchases of Russian oil for one month were less than what Europe does in one afternoon.
Washington [US], April 12 (ANI): In a major shift in its tone on India's energy imports from Russia, the United States on Monday (local time) said that energy imports are not banned from Russia and New Delhi is not violating US sanctions.
Rome [Italy], April 11 (ANI): Global food prices jumped to a new record high of nearly 13 per cent in March as the war caused turmoil in markets for staple grains and edible oils, the United Nations' Food and Agriculture Organization (UN FAO) published on April 8 said.
Kabul [Afghanistan], April 9 (ANI): The Taliban have decided to extract crude oil from a key oil basin in the northern province of Afghanistan to increase local products, media reports said on Saturday.
Colombo [Sri Lanka], April 9 (ANI): Managing Director of Lanka Indian Oil Corporation, Manoj Gupta, says that Sri Lanka is undergoing the worst currency depreciation as the price of the US Dollar in Sri Lanka rose by over 50 per cent from Sri Lankan Rupees 203 to Rs 320, resulting in some
Colombo [Sri Lanka], April 9 (ANI): Negative social media has adversely impacted the tourism sector of Sri Lanka, which is battling its worst economic crisis, according to the Managing Director of Lanka IOC, a subsidiary of the Indian Oil Corporation.
Washington [US], April 9 (ANI): Dismissing the reports that sanctions imposed on Russia by the US may also be considered on other nations, the White House said that it is the decision of each individual country whether it is going to import Russian oil.
Washington [US], April 8 (ANI): The White House on Thursday announced that US President Joe Biden will sign legislation to revoke normal trade relations with Russia and Belarus, and to ban Russian oil imports to the United States.