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NEW DELHI: As the world grapples with the Strait of Hormuz crisis, Congress leader Jairam Ramesh on Tuesday drew parallels with the 1956 Suez Canal crisis, highlighting how India’s then-UN envoy, VK Krishna Menon, played a central role in the diplomatic efforts to resolve it.Menon later served as India’s defence minister but resigned after the…
Airstrikes in Mukalla port (Image/X@Alpha7021) Yemen’s anti-Houthi forces declared a state of emergency on Tuesday after Saudi Arabia carried out airstrikes on the port city of Mukalla. According to Riyadh, the strikes targeted an arms shipment bound for UAE-backed separatist forces.The anti-Houthi authorities also cancelled a security pact with the United Arab Emirates, announcing the…
Villagers staging a sit-in protest at R K Pet state highway CHENNAI: Tension prevailed at Karlambakkam Colony near Pallipattu in Tiruvallur district on Saturday after two residents died and more than 10 others were hospitalised with symptoms of vomiting and diarrhoea. Angry residents suspect that they died after consuming contaminated drinking water supplied to the…
Venezuela is producing approximately 900,000 barrels per day (kbd) of crude oil and condensate, which makes up about 1% of the global oil supply. (AI image) US President Donald Trump’s latest escalation in tensions and blockade of Venezuela oil tankers may have little impact on the global crude oil market, believes global real-time data and…
Oil prices rose sharply on Wednesday after US President Donald Trump ordered “a total and complete” blockade of all sanctioned oil tankers entering and leaving Venezuela, stoking fresh geopolitical tensions at a time when markets are already wary about weak global demand.Brent crude futures climbed 57 cents, or 0.9%, to $59.50 a barrel by 0135…
US President Donald Trump announced Tuesday he is ordering a naval blockade of sanctioned oil tankers entering Venezuela, intensifying military pressure on Venezuelan leader Nicolas Maduro following last week’s US seizure of an oil tanker off Venezuela’s coast and amid an ongoing military buildup in the region.Trump made the announcement on his social media platform,…
