United States Treasury Secretary Scott Bessent has accused European nations of indirectly financing Russia’s war in Ukraine by purchasing refined oil products originating from Russian crude processed in India. His remarks come amid ongoing geopolitical tensions over energy trade and sanctions linked to the conflict in Eastern Europe. In an interview aired on Sunday, Bessent alleged that while European leaders publicly condemn Russia’s actions in Ukraine, their trade practices ar

U.S. natural gas prices surged sharply on Monday, climbing above the $6 mark for the first time since late 2022, as a powerful winter storm swept across large portions of the country, straining energy systems and disrupting daily life for millions of Americans. The rally reflected mounting concerns over heating demand, power generation reliability, and supply disruptions amid one of the most severe cold snaps of the season. Natural gas futures for February delivery rose more than 18

The United States sharply criticised Russia on Monday, January 12, for its use of a nuclear-capable Oreshnik ballistic missile in Ukraine, describing the launch as a dangerous and unjustified escalation of the ongoing conflict. The condemnation was delivered during an emergency meeting of the United Nations Security Council convened to address the latest developments in the war. Addressing the council, US Deputy Ambassador to the United Nations Tammy Bruce said Russia’s decision t

Sergio Gor formally assumed charge as the United States Ambassador to India on Monday, marking the beginning of a new diplomatic chapter between the two countries. Speaking shortly after taking office, Gor described the relationship between India and the United States as the most consequential global partnership of the century, underlining its growing importance across economic, strategic, and technological domains. He confirmed that fresh trade negotiations between the two sides are schedule

In a significant indication of easing tensions between Washington and Caracas, US President Donald Trump announced on Friday that he has cancelled a planned second wave of military attacks on Venezuela, citing the release of political prisoners and increased cooperation on rebuilding the country’s oil and gas sector. The decision follows recent developments that the US president described as constructive gestures by Venezuelan authorities aimed at de-escalation. Trump said the mov

Venezuela’s interim president Delcy Rodríguez has accused the United States of using allegations related to drug trafficking, democracy, and human rights as a pretext to pursue control over the country’s vast oil resources. Speaking before the Venezuelan Parliament, Rodríguez said that external pressure on the country has long been driven by energy interests rather than genuine political or humanitarian concerns, while emphasizing that Caracas remains open to energy cooperation based on

President Donald Trump on Wednesday signed an executive order directing the United States to withdraw from 66 international organisations and treaties, marking one of the most extensive reversals of US participation in global institutions in recent history. According to a White House memorandum, the administration determined that continued involvement in these bodies was contrary to the interests of the United States, citing concerns over sovereignty, ideological alignment, and financial comm

United States Secretary of State Marco Rubio said on Wednesday that Washington holds significant leverage over Venezuela’s interim authorities and is preparing to execute a plan that would place control of the country’s oil exports firmly in US hands. Speaking to reporters on Capitol Hill, Rubio said the administration is finalising an arrangement to take possession of oil currently immobilised in Venezuela and sell it on global markets at full market prices. According to Rubio,

China on Wednesday strongly criticized reported United States demands aimed at reshaping Venezuela’s oil partnerships, calling the move an act of coercion that violates both national sovereignty and international law. Beijing’s response follows media reports that Washington has sought exclusive control over Venezuela’s oil sector as part of its political and economic engagement with the South American nation. Speaking at a regular press briefing, Chinese Foreign Ministry spoke

The United States has seized a Russia-flagged oil tanker in the North Atlantic, escalating enforcement of American sanctions and drawing attention to an unusual maritime confrontation involving Russian military assets. The vessel, originally known as Bella-1, was taken into custody on Wednesday following a coordinated operation by US civilian and military authorities acting under a federal court warrant. According to official statements, the seizure was carried out after the tanker

For decades, the United States has presented itself as a global guardian of democracy and international law, drawing legitimacy from its own origins in resistance to unchecked authority. Its constitutional structure was designed to restrain executive power, particularly in decisions involving war and foreign intervention. Yet the conduct of contemporary US foreign policy increasingly reflects a different reality, one in which strategic interests and economic leverage often shape moral languag

US President Donald Trump on Sunday, January 4, claimed that India has significantly reduced its purchases of Russian oil following the imposition of steep tariffs on Indian goods by Washington. Speaking aboard Air Force One, Trump said his administration’s decision to levy a 50 percent tariff had prompted a response from New Delhi, while also warning that the United States could escalate trade penalties further if necessary. Trump asserted that India’s leadership acted in respo

President Droupadi Murmu has given assent to the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, marking a landmark moment for the country’s atomic energy sector. The legislation opens India’s civil nuclear domain to private companies for the first time, signaling a major shift in national energy policy. The SHANTI Bill was approved during the Winter Session of Parliament and formally notified by the government, clearing the way for private i

U.S. crude oil prices fell to their lowest level since May on Tuesday, deepening a prolonged downturn that has put the market on track for its weakest annual performance in seven years. The decline reflects growing concerns over a looming supply surplus and shifting expectations around geopolitical risks, particularly the possibility of a peace agreement between Ukraine and Russia. West Texas Intermediate crude briefly dropped to $55.69 per barrel, while global benchmark Brent crude

Kremlin spokesman Dmitry Peskov said on Tuesday that the recent dip in India’s imports of Russian oil is expected to be short-lived, adding that Moscow plans to increase the volume of supplies to New Delhi in the coming months. He stated that Russia understands the external pressures faced by India, particularly in light of tariffs and policy constraints linked to its continued purchase of Russian crude. According to Peskov, Moscow views India’s approach toward its energy partnerships as

As electric vehicles continue to rise in popularity, one question matters more than ever: Is solar charging or plug-in grid charging the smarter choice in 2025? This guide breaks down both charging methods in simple terms, helping EV owners understand which option delivers bigger savings, greater efficiency, and lower environmental impact. Solar EV charging uses power generated from rooftop solar panels, offering near-zero running costs and the cleanest possible energy source. It is

State regulators have approved CenterPoint Energy’s $2.9 billion systemwide resiliency plan, setting the stage for a series of gradual rate increases that will begin affecting customers next year. Under the approved structure, electric bills will rise by about one dollar per month at the start, eventually reaching an additional four dollars per month by 2028. These increases come at a time when many Houston-area residents are already adjusting to multiple rate changes that have occurred over t