India News: During an election rally in MP's Damoh on Friday, PM Narendra Modi emphasized that amidst the "clouds of war" looming worldwide, India requires a gove
As India pulled off a big diplomatic win after eight jailed Navy veterans were released by Qatar earlier this week, here's a look at how India's standing in the world was shaped by Prime Minister Narendra Modi's bold diplomatic moves in recent years.
Oil From Russia: From a market share of less than 1% in India s import basket before the start of the Russia-Ukraine conflict, Russia s share of India s oil imports rose to over 40%.
MOSCOW - Brent oil prices may rise to USD135 per barrel in the second half of the year amid insufficient supply on the world market, the IHS Markit consulting agency (part of S&P Global) forecasts in its analytical report, which was available to TASS. Currently, Brent oil price is USD110 per barrel. However, already in the third quarter of 2022, the price may rise to USD136.3 per barrel, IHS experts said. In the second half of the year, the price of oil will stay at USD135 per barrel and on average for the year it will be USD122 per barrel, IHS added. According to agency experts, high prices are caused by the lack of oil supply. The experts cited the decline in oil production in Russia due to sanctions, low probability of reaching an agreement on the Iranian nuclear deal, which will not allow Iranian oil to be brought to the market, as well as the reduction in free production capacity in OPEC+ countries as the factors affecting the global oil production. According to IHS, as of the