By Gayatri Suroyo and Ananda Teresia JAKARTA, March 9 (Reuters) - Indonesia will absorb the shock from oil price increases using its state budget and by raising the allocation to pay for fuel ...
India offered sanctuary to Iranian ship three days before US sank it
The Iranian warship Iris Dena was given permission by India to dock three days before it was torpedoed by a US submarine, India has said. Foreign Minister S Jaishankar said Iran had sought permission ...
Congressional Democrats demand reversal of Russian oil sales into India as energy prices soar
Russia is reportedly helping Iran target U.S. forces in the Middle East, and could now benefit from a windfall of new oil and gas sales.
China Tensions Drive Up Arms Sales in Asia
Asia and Oceania was the second-largest destination for arms imports over the past five years, on the back of China's military buildup and growing assertiveness in the region, according to the ...
Turkmenistan’s president to visit EU for talks on energy, EU ambassador says
Turkmenistan's president is preparing to make an official visit to Brussels as the European Parliament discusses ratification of a long-stalled partnership agreement with the Central Asian state, the ...
Pakistan cenbank holds rate at 10.5% as oil risks cloud inflation outlook
Pakistan’s central bank kept its key policy rate unchanged at 10.5 per cent on Monday, pausing its easing cycle as rising global energy prices and regional tensions pose new inflation risks for the ...
Pakistan seeks IMF help as crude oil prices spike near USD 120 a barrel, check full details here
Pakistan warned that its monthly oil import bill could rise by USD 600 million as crude prices crossed $100 amid escalating tensions in West Asia. The country has approached the IMF for relief and ...
Pakistan’s business sector faces challenges as production, operating expenses 34% higher than regional economies
The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is ...
The Latest: Oil prices soar after Iran names new supreme leader and launches more attacks
Iran launched more attacks on Israel and Gulf countries Monday, hours after Iranian state TV said Ayatollah Mojtaba Khamenei, son of the country’s late supreme leader and long considered a ...
US, Israel War on Iran LIVE: Brent crude oil nears $120 a barrel, Bears hug Europe after Monday mayhem in Asia
G7 finance ministers will hold emergency talks on releasing 300–400 mn barrels from strategic oil reserves as crude prices surge past $100 a barrel amid the escalating Gulf conflict. Iran names ...