Canadian Prime Minister Mark Carney has announced a high-profile visit to India as part of a broader Indo-Pacific tour, in what officials describe as a significant step toward revitalizing bilateral relations that have faced strain in recent years. The visit, scheduled from February 26 to March 7, 2026, will also include stops in Australia and Japan, reflecting Ottawa’s strategic focus on strengthening partnerships across the Indo-Pacific region. Carney’s itinerary begins in Mum

Oil prices climbed sharply on Wednesday, rising more than 4% as investors reacted to escalating tensions between the United States and Iran following the latest round of nuclear negotiations. Market sentiment shifted after U.S. Vice President JD Vance indicated that Tehran had failed to address key American demands and warned that military options remain under consideration. U.S. West Texas Intermediate crude settled up $2.86, or 4.59%, at $65.19 per barrel, while global benchmark B

Ukrainian President Volodymyr Zelensky on Monday warned that Russia is expected to continue launching large-scale strikes targeting Ukraine’s energy infrastructure, citing fresh intelligence assessments. The warning comes amid ongoing hostilities in the Ukraine war, now approaching its fourth year, and underscores growing concerns in Kyiv about the resilience of the country’s power grid during continued missile and drone attacks. Speaking about the latest intelligence findings, Zelensky

Russia has dismissed recent U.S. threats of tariffs on countries supplying oil to Cuba, while stating it is exploring ways to assist the Caribbean nation amid a deepening fuel shortage. Kremlin spokesperson Dmitry Peskov said the government seeks “constructive dialogue” with the United States regarding Cuba’s critical energy needs but stressed that public disputes over the matter are being avoided. He highlighted that Russia’s current trade with Cuba is limited, reducing the likelihood o

The Arctic, once considered remote and largely inaccessible, is emerging as a key area of global strategic interest. China has formally included its “Polar Silk Road” initiative within its broader Belt and Road strategy, signaling an expansion of influence in a region historically dominated by Arctic nations. By calling itself a “near-Arctic state,” Beijing is asserting that its economic and strategic interests extend well beyond its geographical borders, prompting concern from other glo

Syria and Saudi Arabia have signed a series of major economic and infrastructure agreements aimed at accelerating Syria’s post-war reconstruction and strengthening bilateral ties, marking one of the most significant rounds of cooperation between the two countries in recent years. Officials said the deals span aviation, telecommunications, energy, and development projects, with billions of dollars expected to flow into key sectors of the Syrian economy. The agreements include the l

India's relationship with the Gulf Cooperation Council (GCC) nations is evolving into a major trade partnership. In 2024-25, the bilateral trade between India and the six-nation bloc reached a substantial $179 billion, driven by strong exports such as gems, metals, electronics, and chemicals. With an existing free trade pact with the UAE since 2022, and a recent agreement with Oman, India is now focused on formalizing a comprehensive free trade agreement (FTA) with the GCC. This new agreement

India and the United States are moving closer to concluding what officials describe as a landmark trade agreement, with External Affairs Minister S. Jaishankar indicating that the final details are being worked out and an announcement could come soon. Speaking at the conclusion of his visit to Washington on February 5, Jaishankar said negotiations had reached an advanced stage and expressed confidence that the pact would usher in a new phase of cooperation between the two countries.

Russia has said it has not received any official confirmation from India that the country plans to halt purchases of Russian oil, a day after U.S. President Donald Trump claimed New Delhi agreed to scale back those imports as part of a new trade agreement with Washington. Kremlin spokesperson Dmitry Peskov stated that Moscow had yet to hear directly from Indian authorities regarding any change in energy flows. While acknowledging the evolving relationship between the United States a

US President Donald Trump held an extended telephone conversation with Chinese President Xi Jinping on Wednesday, engaging in wide-ranging discussions that touched on trade ties, energy cooperation, agricultural purchases, and several pressing geopolitical concerns, according to remarks shared by the American leader. Posting about the exchange on his social media platform, Trump described the dialogue as “excellent,” emphasizing that the call was both lengthy and substantive. He

Prime Minister Narendra Modi on Monday welcomed a significant reduction in tariffs on Indian exports to the United States following an announcement by US President Donald Trump that the two countries had reached a bilateral trade agreement aimed at lowering reciprocal duties. Under the new arrangement, tariffs on Made in India products entering the US market will be reduced to 18%, marking a notable shift in trade relations between the two major economies. The agreement also provide

In a significant development affecting global trade and energy policy, United States President Donald Trump announced a bilateral trade agreement with Indian Prime Minister Narendra Modi following a direct telephone conversation on Monday. According to an official post shared by the US Ambassador to India on social media, the leaders discussed a range of strategic and economic issues, culminating in an accord that reduces key economic barriers between the two countries. In his publi

Prime Minister Narendra Modi on Friday held a conversation with Venezuela’s Acting President Delcy Rodríguez, reaffirming India’s intention to deepen and expand cooperation across multiple sectors. The discussion marks a significant diplomatic engagement nearly a month after former Venezuelan President Nicolás Maduro was removed from power and taken into United States custody following a high-profile military operation. In a message shared on social media, Modi said both sides

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