On April 13, 2020, the first crude oil of 1 million barrels from UAE have reached India. The oil prices have declined by 60% since January, 2020. The...
The Organization of Petroleum Exporting Countries (OPEC) and Russia have come together to cut oil output by 10%. This is being done to control the falling oil prices...
On March 30, 2020, the US renewed four nuclear restrictions imposed on Iran. The restrictions were imposed to prevent Iran from building its nuclear programme. Highlights The nuclear...
On March 16, 2020, the Commerce Ministry reported that the gold imports for the period April to February (2019-20) has reduced by 8.86% as compared to the previous...
On January 23, 2020, India and Brazil will sign the Bilateral Investment Treaty during the visit of Brazilian President Jair Bolsonaro. The President is visiting India as a...
India recently attended the Hormuz Peace Initiative that was held in Tehran. The initiative aimed at stabilizing one of world’s busiest shipping lanes, the Strait of Hormuz amidst...
On January 10, 2020, the International Energy Agency (IEA) launched India’s Energy Policy Report. The report insisted that India should adopt its think tank NITI Aayog’s National Energy...
On January 6, 2020, two Oman ships arrived in Goa to participate in “Naseem-Al-Bahr”, the Indo-Oman bilateral naval exercise. Highlights RNOV are Royal Navy of Oman Vessels. RNOV...
On January 3, 2020, the US army killed Iran’s most powerful military commander General Qasem Soleimani. He was killed at Baghdad airport. Highlights In a drone strike held...
The first meeting of Consultative Committee of Ministry of Petroleum was chaired by the Minister of Petroleum Shri Dharmendra Pradhan. Highlights of the meet The committee announced that...
