Politics

UAE’s big step amid US-Iran war and Hormuz blockade, out of OPEC, what effect on India?

Buzz line7 hours ago05 mins

Amidst the ongoing conflict between America and Iran, the United Arab Emirates (UAE) has decided to withdraw from OPEC and OPEC+, the organization of oil producing countries. The UAE said that considering the economic outlook and the changing energy scenario, it decided to withdraw from this alliance after 60 years. OPEC is an alliance (cartel)…

Iran-Israel War: After the war in the Middle East, there was a huge jump in the prices of crude oil! Know what will be the impact on oil companies

Buzz line2 months ago04 mins

After the attack on Iran by America and Israel, a sharp increase in the prices of crude oil has been seen. As the threat of war and supply disruption increases, the oil market begins to fluctuate. Oil and gas companies get direct benefit from this. But the question is, will this advantage last for a…

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UAE’s big step amid US-Iran war and Hormuz blockade, out of OPEC, what effect on India?

Iran-Israel War: After the war in the Middle East, there was a huge jump in the prices of crude oil! Know what will be the impact on oil companies