Author name: Siim

Russia Suspends Train Service To Occupied Crimea After Ukraine Drone Strike; Gasoline Shortages Worsen

Russia Suspends Train Service To Occupied Crimea After Ukraine Drone Strike; Gasoline Shortages Worsen

Russian authorities suspended train service for Crimea after a Ukrainian drone knocked out a locomotive, further squeezing commerce to the occupied Black Sea peninsula struggling with fuel shortages. The June 8 attack came days after Russian officials ordered new restrictions on commercial and passenger traffic along major highways leading to the region. For weeks, Ukraine’s

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Crude oil prices rebound after Iran-Israel deterioration puts ceasefire in jeopardy

Crude oil prices rebound after Iran-Israel deterioration puts ceasefire in jeopardy

Separately, the Organization of Petroleum Exporting Countries and its allies (OPEC+) agreed to increase their oil output quotes for July by another 1,88,000 barrels per day, even as a continued blockade in the Strait of Hormuz prevents them from implementing the same. Crude oil prices have rebounded in early Asian trading on Monday, June 8,

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Tariffs, South African Oil Prices: New pressure from the US

Tariffs, South African Oil Prices: New pressure from the US

Trade Relations Sizwe Dlamini | Published 6 hours ago THE United States is proposing new tariffs on all products from South Africa following a Section 301 investigation into forced labour import prohibitions. The US Trade Representative completed its investigation into 60 countries, including South Africa, and found that South Africa failed to impose and effectively

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How India Plans To Boost Self-Reliance As RBI Raises Inflation Outlook

How India Plans To Boost Self-Reliance As RBI Raises Inflation Outlook

India I Manufacturing Push | Image: Unsplash Amid elevated oil prices, and inflation woes impacting India’s inflation outlook, the South Asian country is keen on identifying 100 products, which are not produced domestically even after existing production capability.  On India’s inflation outlook, RBI Governor Sanjay Malhotra raised its projection for the financial year ending March

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