America's emergency oil stockpile has fallen to its lowest level in more than four decades after continued releases linked to the Iran conflict, raising concerns about future supply disruptions.
It is after more than 100 days that both President Donald Trump and Iran have announced a peace deal, much to the world’s relief.
Trump said Iran had agreed to never possess a nuclear weapon, but Israel and regional experts warned the US-Iran MoU may not end the security crisis.
Israel has said it will maintain military positions in Lebanon despite Donald Trump's agreement with Iran, with senior ministers rejecting any withdrawal under diplomatic pressure.
The Prime Minister expressed India's hope that the implementation of this understanding will help restore peace and stability in the region.
India’s foreign ministry defended the country’s imports from Russia, saying they are a “necessity driven by global market conditions,” and criticized the nations pointing fingers at India, noting that many of them continue to trade with Russia despite lacking any compelling need to do so.
The report of the Monitoring Team of the UNSC 1267 Sanctions Committee released last week, says, “On 22nd April, terrorists attacked a tourist spot in Pahalgam, J and K. Twenty-six civilians were killed.
In a world still recalibrating after pandemic disruptions and geopolitical realignments, the sudden surge in US tariffs under President Donald Trump’s latest executive order has rattled global businesses.
The MEA also called out the hypocrisy of the US and European Union (EU) who criticise India for buying Russian oil but are themselves indulging in trade with the country.
His latest tariff warning comes just days after he imposed a 25 percent tariff on Indian goods, along with an unspecified penalty related to its trade with Russia.
