New York/Washington: Amid the escalating conflict with Iran, the US said it is issuing a temporary 30-day waiver to allow Indian refiners to purchase Russian oil. “President Trump’s energy agenda has resulted in oil and gas production reaching the highest levels ever recorded. To enable oil to keep flowing into the global market, the Treasury…
Colombo: Sri Lanka on Thursday allowed a second Iranian ship to dock at the eastern port of Trincomalee and evacuated all 208 personnel on board, President Anura Kumara Dissanayake said, a day after another Iranian frigate was sunk near the island nation. In a televised address, Dissanayake said the vessel, IRINS Bushehr, had sought permission…
Beijing: China on Thursday lowered its GDP target to 4.5 to 5 per cent for this year in the face of Trump’s trade tariff war, the worsening global crisis following the US-Iran war and headwinds in the domestic economy, owing to a property market slump and unemployment crisis. The target close to that of last…
Beijing: China on Thursday hiked its defence budget to USD 275 billion, about USD 25 billion more than last year as it ramped the modernisation of its armed forces to catch up with the US military. Roughly 1.9 trillion yuan (about USD 275 billion) will be allocated to national defence, Chinese Premier Li Qiang announced…
United Nations: India has called on the international community to act together against ISIS and Al Qaeda and their proxies, underlining that terrorism is an “existential threat” to international peace and security. “Terrorism is an existential threat to international peace and security. It knows no borders, nationality, or race, and is a challenge that the…
Kathandu: Nepalese on Thursday morning started to reach polling booths to cast their vote in crucial general elections, the first since a violent Gen Z-led protest that toppled the K P Sharma Oli-led government last year. More than 18.9 million eligible Nepalese will be exercising their franchise to elect the 275-member House of Representatives from…
Washington: US Defence Secretary Pete Hegseth acknowledged on Wednesday that some Iranian air attacks may still hit their targets even as he asserted that US military superiority is quickly giving it control of the Islamic Republic’s airspace. The US has spared “no expense or capability” to enhance air defense systems to protect American forces and…
Washington: United States Secretary of Defence Pete Hegseth said that a US submarine sank an Iranian warship in international waters. He said it was the first sinking of an enemy vessel by torpedo since World War II. “An American submarine sunk an Iranian warship that thought it was safe in international waters,” Hegseth told reporters….
Tehran: Iran’s Assembly of Experts elected Ali Khamenei’s son Mojtaba as the next Supreme Leader under pressure from the Revolutionary Guards, informed sources told Iran International. Israeli officials were expecting Mojtaba to step into his father’s shoes, according to Israeli outlet Ynetnews. This is also only the second instance in the Islamic Republic’s 47-year history…
New Delhi: Russia is ready to fully meet India’s energy requirements in the event of prolonged disruptions to oil and gas supplies triggered by the escalating tensions in West Asia, an official from the Embassy of the Russian Federation said on Monday. The assurance from Moscow gains added urgency as QatarEnergy suspended liquefied natural gas (LNG)…
