The average price of India’s crude basket is at $115 a barrel, which is at least $45 more than the price ($70) the country is comfortable to pay. Every dollar rise in the crude oil price will increase the country’s fiscal deficit, current account deficit, pull down stock markets, increase pressure on rupee, spike urea cost and make transportation costly
WELLINGTON, April 30 (Bernama-Xinhua) -- Air New Zealand has announced further temporary cuts to regional flights, citing persistently high jet fuel costs linked to escalating conflict in West Asia, reported Xinhua. Read Full Article →
Despite fluctuations in its price, gold continues to fuel economies and often greed across Africa. Deep in the Sahara, in Mauritania, extraction sites are multiplying across the desert. In the past few years, this gold rush has become a key pillar of the Mauritanian economy. FRANCE 24's Sarah
By Lizzy Chirkpi President Bola Tinubu has approved the removal of the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr. Saidu Mohammed, and nominated Mr.... The post Tinubu Sacks NMDPRA Boss, Nominates Rabiu Umar as Replacement appeared first on Pointblank News . Read Full Article →
The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall’s 43-day federal government shutdown. But the outlook is clouded by the Iran war. The Commerce Department... Read Full Article →
