Browsing Tag
Oil
108 posts
BRICS Calls For Middle East to Ditch US Dollar
Tensions in the Middle East are escalating after Iran launched over 300 missile drone attacks against Israel on…
Iran Threatens To Close Major US Oil Route, 20 Million Barrels at Risk
Middle East’s intricate geopolitics has taken a different turn following Iran’s latest announcement. Iran seems to be moving…
India Ditches BRICS Again, Halts Russian Oil Tanker To Buy US Oil
BRICS members India and Russia are moving in the opposite direction for crude oil sales and procurement in…
Gas Prices at Pumps Could Hit $4 Per Gallon
Rising oil prices are a major cause of worry to the White House as the Biden administration is…
Russia Calls Oil-Producing Countries To Ditch US Dollar Currency
The currency wars have intensified as Russia is reeling under the economic sanctions pressed by the White House.…
Saudi Arabia: Non-Oil Revenue Hits 50% of GDP for the First Time
Saudi Arabia was well-known as the largest oil producer in the world and dominated the larger share of…
BRICS Urges Middle East To Ditch US Dollar For Oil Trade
BRICS member Russia is urging countries in the Middle East to stop accepting the US dollar for oil…
Currency: Why Is Putin Urging the Middle East to Stop Using US Dollar?
Vladimir Putin, President of Russia, is back in the headlines. In a recent statement given by the Russian…
BRICS: India Takes Major Step To Ditch US Dollar in Oil Trade
Amid the greater de-dollarization efforts of the BRICS economic alliance, India has taken a major step to ditch…
Saudi Arabia Announces Major New Gas Discovery
Saudi Arabia announced a new major gas discovery at the state oil company Aramco’s Jufurah field on Sunday.…