India speeds to seek alternatives in the oil trade amid Saudi's agressive plans.

Photo: Business standard

India Finds Alternatives For Oil Trade Amid Saudi's Aggressive Policy

The HPCL chairman Mukesh Kumar Surana said that India already had accelerated its plans to cut dependence on Middle Eastern crude by switching to alternative energy. The comment came amid Saudi Arabia restricting supplies to pull crude-oil prices. Moreover, terming the price hike as detrimental, Mukesh said India is hopeful over Iran’s re-entry in the market, currently led by Riyadh. Notably, the Brent price galloped to over $72/barrel on… read-more

Tue, 09 Mar 2021 - 08:19 PM / by Neha Sanjeev

Tags: Oil trade, Saudi Arabia, India, Crude Oil, riyadh, Brent, Iran

Courtesy: Economic Times

Saudi Arab-Yemen Map

Photo: Aljazeera

Yemen’s Houthi Group Claims Attack on “Important Target” in Riyadh

Yemen’s Houthi group has claimed to have attacked an ‘important target’ in Saudi Arabia’s Riyadh with drones and ballistic missiles. “The attacks are a response to the enemy’s permanent escalation and its continuing blockade against our country,” Houthi spokesperson Yahya Sarea tweeted on September 10. However, Saudi-led alliance has not confirmed the attack on Riyadh; but it acknowledged that it had intercepted missiles and drones launched… read-more

Fri, 11 Sep 2020 - 10:22 AM / by Nitesh Kumar Singh

Tags: Yemen, Drone, Saudi Arabia, Armed rebels, riyadh, sanaa

Courtesy: Hindustan Times