Huge Blow To Global Oil Markets: UAE Exits OPEC, OPEC+ Amid Energy Crunch

New Delhi: Amid the conflict in Iran and the chokehold over the Strait of Hormuz, the United Arab Emirates has made a major shift in its energy politics by exiting from Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, the two major intergovernmental organizatio

Read More

  • Related Posts

    ‘On Verge Of Stopping Ops’: Airlines’ Mayday Call To Centre Amid High Fuel Prices As Iran Crisis Drags On

    New Delhi: As the Iran crisis continues to drag on for weeks with no signs of a peace deal in sight, the aviation industry in India has expressed to the central government that it is on the verge of “stopping operations”, all thanks to high fuel prices, which has hit the sector.A Read More

    March IIP Hits 5-Month Low, Output Moderates to 4.1% in March as Energy Demand Cools

    India’s industrial recovery faced a significant cooling period at the close of the fiscal year. The Index of Industrial Production (IIP) grew by 4.1% in March 2026, according to official data released on Tuesday. This marks a deceleration from the 5.1% growth recorded in February Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *