In a boost for India's energy footprint, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Wednesday announced the discovery of light crude oil in Abu Dhabi's Onshore Block 1.
Looking ahead, economists cautioned that while global commodity prices such as oil and base metals are currently under pressure, risks remain from currency depreciation and potential geopolitical tensions, which could push input costs higher and add upside risks to inflation in the coming mo
Trump asserted that his administration is working closely with Caracas and claimed that large volumes of Venezuelan oil are already entering the United States as part of the engagement.
Crisil Ratings does not expect the US action in Venezuela to have any material impact on India's global trade or the credit quality of Indian corporates.
However, China's overall reaction has been muted. China's Foreign Ministry issued an immediate rebuke, with spokesman Lin Jian saying, "Cooperation between China and Venezuela is between two sovereign states and under the protection of international law and the laws of the two countries." Li
Venezuelan opposition leader Maria Corina Machado met Pope Leo XIV seeking support for a democratic transition after Nicolas Maduro's capture. US President Donald Trump said last week that she may visit Washington soon and that he expects to meet her, while also speaking about rebuilding Ven
Earlier in the day, Trump while addressing reporters aboard Air Force One said, "Venezuela is really working out well. We're working along really well with their leadership, and we'll see how it all works out."
Gujarat government's Principal Secretary of the Agriculture and Cooperation Department R.C. Meena, extended a warm welcome to the distinguished guests and delegates present, while he provided information on the importance of oilseeds in Gujarat's agricultural sector and the government's f
Trump met with the interim President of Venezuela, Delcy Rodriguez. On the meeting Trump said, "She's been very good. She asked us if we could take 50 million barrels of oil, and I said yes, we can, it is worth $4.2 billion, and it is on its way right now to the United States..."
The dark clouds of selling pressure continued to hover over Indian stock markets on Monday opening as investors remained cautious amid ongoing unrest in Iran and a surge in crude oil prices.
In a post on Truth Social, Trump wrote, "Cuba lived, for many years, on large amounts of OIL and MONEY from Venezuela. In return, Cuba provided "Security Services" for the last two Venezuelan dictators, BUT NOT ANYMORE! Most of those Cubans are DEAD from last weeks U.S.A. attack, and Vene
Prime Minister Narendra Modi on Sunday said that over the past two decades, the Vibrant Gujarat journey has become a global benchmark, and the Summit has gone beyond just investment and has become a strong platform for global growth, international cooperation, and partnerships.