NEW DELHI: PM Narendra Modi on Friday discussed the situation in Ukraine, including its impact on international food and energy markets, in a phone conversation with Russian President Vladimir Putin. According to the Indian government, Modi reiterated India’s long-standing position…
COLOMBO, SRI LANKA: Sri Lanka is sending two government ministers to Russia to negotiate for fuel — one of the necessities nearly exhausted amid the Indian Ocean island nation’s economic collapse. Power and energy minister Kanchana Wijesekera said two ministers…
Colombo: Cash-strapped Sri Lanka on Sunday announced sending ministers to Russia and Qatar to try and secure cheap oil a day after the government said it had all but run out of fuel. The government meanwhile extended a two-week closure…
COLO: Sri Lanka’s debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity, its prime minister told lawmakers on Wednesday, in comments underscoring the country’s dire situation as it seeks help from international lenders. PM Ranil Wickremesinghe…
The head of Moscow-controlled Crimea on Monday accused Ukraine of firing on oil drilling platforms off the coast of the peninsula that was annexed by Russia in 2014. “This morning the enemy attacked the drilling platforms of Chernomorneftegaz,” Sergey Aksyonov…
COLOMBO: Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister said. Prime Minister Ranil Wickremesinghe said he would first look…
May 25, 2022, 10:30AM ISTSource: Mirror Now The Centre on Tuesday exempted customs duty and agriculture infrastructure development cess on 20 Lakh metric tonnes yearly import of crude soybean and sunflower oil. As per the finance ministry notification, the order…
CAIRO: A pipeline rupture in Libya is spewing thousands of barrels of oil into the desert, as workers scramble to seal off the leak, authorities said Wednesday. The damage to a land pipeline linking the Sarir oil field to the…
