No Comments The recently established deal between Iran and Saudi Arabis could reduce tensions in the region but also asserts China’s growing influence in the Middle East. Regional rivals Saudi Arabia and Iran announced on Friday they are restoring full diplomatic relations in a deal brokered by China, a move that could reduce tensions in the region […]
No Comments Saudi Arabia has removed the police clearance certificate for Indians seeking Saudi visas. Need to look into its implications, growing ties and potential, and reasons for facilitating this move between Riyadh and New Delhi. Saudi Arabia is interested in joining BRICS, as Riyadh sees it as an alternative to its dependence on the west. The […]
No Comments On July 13, US President Joe Biden landed at Tel Aviv Airport on a historic tour of the Middle East. There are many reasons why Biden visited the Middle East. Security and economic partnerships have made Israel a major ally of US interests. Israel has received the largest US defense funding and support since World […]
2 Comments Pakistan’s relationship with Saudi Arabia is under a heavy stress due a series of strategic blunders committed by Pakistan. The cultural ties have gone under severe strain due to the duplicity and radical tendencies the Pakistani Deep State and the ISI has developed. Pakistan is also having problems in terms of its religious clerics creating […]
No Comments Multiple studies indicate that India’s oil needs will be more than any other country by 2040
Domestic prices of petrol and diesel in India are linked to global fluctuations. 60% of India’s crude oil requirement is fulfilled by Iraq, Iran and Saudi Arabia
Aggressive purchase of foreign currency for importing oil leads to devaluation of rupee and ultimately affecting India’s purchasing power
It will have a cascading effect like depreciation of rupee and will see a big rise in commodity prices leading to inflation.
This is where the importance of domestic production, strengthening of indigenous industries and import substitution comes into picture.
Alternative energy sources like natural gas and solar power is one way to reduce dependence on imported crude oil.
No Comments Yemen’s foreign minister Ahmed Awad Bin Mubarak has said his government will work with President Joe Biden’s administration to end the war in the peninsula. However, he stressed on the fact that the Houthi rebels and their Iranian backers remain the main obstacle to peace.
No Comments A Saudi court on Monday sentenced prominent human rights activist Loujain al-Hathloul to five years and eight months in prison on terrorism-related charges and banned her from leaving the country for five years. State-linked Saudi news outlet Sabq reported that al-Hathloul had been found guilty on charges of pursuing a foreign agenda, contacting “unfriendly” states […]
No Comments China has again bailed out Pakistan as it has agreed to provide a $1.5 billion financing line to repay the $2 billion Saudi Arabia debt. Saudi Arabia has helped Pakistan on multiple occasions in the last 70 years of its existence and even a few years ago it had agreed to give billions in foreign currency. However, it seems that Pakistan wants to replace Saudi Arabia with China as the latter emerges as Pakistan’s principal economic and political supporter.
