In a significant move amid the ongoing Middle East crisis, Japan has become the first G7 nation to announce the release of its strategic oil reserves. This decision comes in response to the geopolitical tensions affecting the global oil market and concerns over potential disruptions in the supply of crude oil. Japan's action is aimed at maintaining energy security and stabilizing oil prices, which have been fluctuating due to the crisis in the Middle East. As one of the world's larg
In a significant move amid the ongoing Middle East crisis, Japan has become the first G7 nation to announce the release of its strategic oil reserves. This decision comes in response to the geopolitical tensions affecting the global oil market and concerns over potential disruptions in the supply of crude oil. Japan's action is aimed at maintaining energy security and stabilizing oil prices, which have been fluctuating due to the crisis in the Middle East. As one of the world's larg
Amid escalating geopolitical tensions in West Asia and growing concerns over potential disruptions in the Strait of Hormuz, government sources have reassured citizens that India’s oil reserves and fuel stocks remain sufficient, urging the public not to panic or hoard essential petroleum products. Officials said the country currently maintains around 25 days of crude oil and petroleum products, including petrol and diesel, ensuring stability in the event of short-term supply disruptions. Liq
Amid escalating geopolitical tensions in West Asia and growing concerns over potential disruptions in the Strait of Hormuz, government sources have reassured citizens that India’s oil reserves and fuel stocks remain sufficient, urging the public not to panic or hoard essential petroleum products. Officials said the country currently maintains around 25 days of crude oil and petroleum products, including petrol and diesel, ensuring stability in the event of short-term supply disruptions. Liq
Washington — U.S. President Donald Trump reiterated on Friday that India will no longer buy oil from Russia, asserting that the South Asian nation has already begun reducing its dependence on Moscow’s energy supplies. Speaking at the White House during a meeting with Ukrainian President Volodymyr Zelenskyy, Trump said the move reflects a broader international effort to isolate Russia economically over its invasion of Ukraine. “India will not be buying oil from Russia,” Trump
Washington — U.S. President Donald Trump reiterated on Friday that India will no longer buy oil from Russia, asserting that the South Asian nation has already begun reducing its dependence on Moscow’s energy supplies. Speaking at the White House during a meeting with Ukrainian President Volodymyr Zelenskyy, Trump said the move reflects a broader international effort to isolate Russia economically over its invasion of Ukraine. “India will not be buying oil from Russia,” Trump