** In a bid to manage the petrol crisis, the Australian government has introduced a nationwide plan to slash fuel excise and waive heavy vehicle road user charges. As part of this plan, a 26 cent per liter cut in fuel excise has been implemented, providing some relief to motorists struggling with soaring costs.
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In a surprise move, President Trump announced that Iran has agreed to allow 20 more ships to carry oil through the Strait of Hormuz. The development comes as tensions between the US and Iran remain high, with the White House yet to confirm the details of the deal.
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** “The United States has made a significant move in its decades-long trade embargo on Cuba, allowing a Russian oil tanker carrying a cargo of crude oil to reach the island nation. This development marks a rare easing of restrictions between the US and Cuba, long-standing adversaries.”
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In a recent message, Mojtaba Khamenei, the son of late Iranian Supreme Leader Ali Khamenei, has expressed gratitude to Iraq
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A somber funeral procession drew hundreds in Lebanon on Wednesday as the country mourned the loss of three Lebanese nationals,
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** Regional powers have gathered in Islamabad, Pakistan, for an emergency meeting to address the escalating US-Iran tensions. The talks, led by Pakistan, aim to de-escalate the situation and find a diplomatic solution before resorting to military force.
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** Brent crude prices are on track to post a historic 51% gain in March, driven by the ongoing conflict in Iran, eclipsing the previous record set in September 1990. Market analysts warn of continued price volatility, potential supply disruptions, and increased tensions in the region.
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** Sri Lanka’s government has been urged to follow India’s lead in suspending fuel tax, a move aimed at easing the burden on citizens amidst rising global energy prices. Sri Lankan MP Namal Rajapaksa made the suggestion, citing India’s successful example of mitigating the impact of soaring fuel prices.
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Gangnam, the upscale neighborhood in Seoul known for its luxury shopping and affluent residents, is on the verge of a
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** In a potential new flashpoint, Iran-backed Houthi rebels in Yemen have raised concerns about disrupting Red Sea shipping lanes, putting the global economy at risk of significant disruptions. With a history of attacks on oil refineries and critical infrastructure, the group has demonstrated its capability to inflict damage on high-value targets. Could this be the next major crisis in the Middle East?
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‘Millions of people around the world participated in Earth Hour 2023, with iconic landmarks like the Eiffel Tower, Sagrada Família, and Colosseum going dark to raise awareness about climate change and the importance of transitioning to renewable energy sources.’
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In a significant turn of events, Ukrainian President Volodymyr Zelensky has successfully finalized air defense deals with key Gulf nations,
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In a significant show of support for Ukraine’s defense efforts, a recent editorial piece published in The Telegraph has highlighted
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