A Huge Blow To Free Trade
The US Congress recently cleared the Lindsey O Graham Sanctioning Russia and Iran Act of 2026, giving President Donald John Trump the authority to impose import tariffs of up to […]
Iran Oil: ‘Adamant’ China Won’t Bow To US
The US recently announced an aggressive expansion of secondary sanctions targeting any countries, companies or individuals that continue trade and financial exchanges with Iran. China, too, announced in retaliation that […]
Reducing Dependence On Maritime Routes
Amid US-Iran conflict, the Middle Eastern countries plan to reduce dependence on waterways for oil transport. Recent reports by CNN have highlighted that rising regional conflicts and Iranian efforts to […]
The ‘European 5’ Threatens Putin, Woos Trump
During a meeting in Berlin on June 24, the leaders of Britain, France, Germany, Italy and Poland (who call themselves the European 5) committed to further “substantially support Ukraine in […]
Oil Crisis Prompts UK To Defy US Ban
Britain has eased parts of its Russian oil sanctions as the ongoing crisis in West Asia and the standoff in the Strait of Hormuz have surged energy costs and supply disruptions.
Rivalry To Remain Intense
The global community is heavily focussed on a high-stake meeting between US President Donald John Trump and his Chinese counterpart Xi Jinping. President Trump arrived in China on May 13, […]
US-Iran War: Syria Emerges As Europe’s ‘Saviour’
Buried beneath the Syrian desert lies a pipeline that used to supply crude oil to a Europe grappling with various crises in the post-Second World War era. However, there has […]
Bear, Elephant & Dragon Should Stay Together
India is purchasing crude oil from Russia, allowing Moscow to use the money to wage war against neighbouring Ukraine. In a sense, India is helping Russia to continue the war. […]
Crude Oil Imports: India Surrendering To US
India, faced with 25% additional penal tariffs for its crude trade with Russia, has reportedly urged the US to allow oil imports from Iran and Venezuela. The global media have […]
