India urgently expands oil storage amid mounting geopolitical risks
Thursday, 4 January 2024 India prioritizes and accelerates efforts to expand oil storage capacity to mitigate geopolitical risks and accommodate increasing refining capacity. The country faces vulnerabilities in the energy supply chain, particularly in regions like the Red Sea and the Middle East. To enhance energy resilience and reduce external dependencies, India needs a comprehensive strategic plan. The International Energy Agency (IEA) recommends maintaining oil stocks equivalent to at least 90 days of net imports, a benchmark India falls short of. Steps have been taken to address this shortfall, including the implementation of Strategic Petroleum Reserves (SPRs).
UN Says Global Food Prices , for Many Staples , Fell in 2023.
On January 5, the U.N. Food and
Agriculture Organization reported that
global prices for some commodities fell
last year from record highs reached in 2022.
ABC reports that the FAO Food Price Index
for 2023 was 13.7% lower than the...
Leaders of the world's 20 major economies also issued a joint declaration in which they called for a global pact to combat hunger, more aid for Gaza and to end the hostilities in the Middle East.
Credit: euronews (in English) Duration: 01:15Published
In a shocking escalation, Iraqi warplanes launched a surprise drone strike deep inside Israel’s southern city of Eilat, targeting a strategic site. The attack marks a bold move by the Islamic Resistance in Iraq, as it continues a campaign of back-to-back assaults against Israeli military targets. The strike comes just a day after similar attacks in the region, intensifying tensions. The Israeli Defense Forces (IDF) have expressed fury, vowing immediate retaliation and heightening fears of further conflict in the already volatile Middle East. Watch as the situation unfolds in this dramatic video report.
#IraqiAirStrike #DroneAttack #IsraelConflict #EilatStrike #MiddleEastTensions #IDFResponse #IslamicResistance #MilitaryEscalation #BackToBackStrikes #WarOnIsrael #TensionsRising #IraqVsIsrael #DroneWarfare #BreakingNews #MiddleEastCrisis
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Iraqi fighter jets launched a series of five consecutive airstrikes on Israeli targets in the southern city of Eilat, intensifying regional tensions. The attacks, which targeted key Israeli sites, have been confirmed by the Israeli Defense Forces (IDF), who expressed outrage at the unprecedented assault. The air raids were described as highly coordinated, with each strike hitting strategic locations, though details about the extent of the damage remain unclear. The IDF has vowed a swift and forceful response, heightening fears of further escalation in the already volatile Middle Eastern conflict.
#IraqAirstrikes #EilatAttack #IDF #MiddleEastConflict #IraqiFighters #IsraelUnderFire #IDFResponse #IsraeliTargets #AirStrikeEscalation #EilatStrikes #IraqVsIsrael #IDFTargets #IsraelSecurity #MiddleEastTensions #IraqIsrael
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In a fiery televised address, Yemen's Ansarullah leader Abdul-Malik al-Houthi accused the U.S. of complicity in Israel's ongoing military actions in Gaza and Lebanon, claiming American-made weapons are fueling a broader campaign of extermination in West Asia. Houthi warned of potential strikes on U.S. warships if they entered the Red Sea, while hailing Yemeni forces for their successful naval attack on the aircraft carrier Abraham. He criticised Arab regimes for their ties with Israel and urged a mass uprising in Yemen to show solidarity with Palestine, calling for nationwide protests against the U.S-Israeli aggression.
#HouthiWarning #USIsraeliPlot #RedSeaTensions #WarshipStrikeThreat #AnsarullahResistance #YemenUprising #GazaSolidarity #USComplicity #ArabWorldRises #AntiIsraeliProtests #PalestineSupport #WestAsiaConflict #StrikeOnAbraham #NoToOccupation #YemenFightsBack
Tensions in the Red Sea escalated dramatically as Yemen's Iran-backed Houthi rebels targeted the Panama-flagged bulk carrier Anadolu S with two missile strikes in a matter of hours. The first attack occurred late Sunday night, narrowly missing the vessel's stern. Despite warnings, the ship continued its course, prompting a second strike the following day, landing just a nautical mile away.
While no casualties or damage were reported, the incident highlights the Houthis' growing maritime campaign, which they claim is in solidarity with Gaza. The Bahrain-based Combined Task Force confirmed the strikes, raising concerns over shipping safety in the region. This bold assault underscores the escalating risks for international vessels navigating the Red Sea amid intensifying regional tensions.
#RedSeaTensions #HouthiMissileStrikes #AnadoluSAttack #MaritimeConflict #RedSeaCrisis #HouthiAssault #ShippingUnderFire #MaritimeSecurity #RedSeaEscalation #PanamaFlaggedShip #MissileStrikes #HouthisInAction #GlobalShippingThreat #RedSeaDanger #MaritimeRisks
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In a bold escalation, Houthi rebels have launched a devastating attack on a vessel in the Red Sea, which is reportedly linked to Israel. The strike involved a massive bomb that caused significant damage to the ship, sending shockwaves through international waters. The U.S. has expressed deep concern, with military officials monitoring the situation closely. This attack marks another chapter in the ongoing conflict between the Houthis and nations supporting Israel, further destabilizing the region. Watch the footage of the explosion and the immediate aftermath of this shocking assault.
#HouthiStrike #RedSeaAttack #IsraelAffiliatedShip #HouthiRebels #MissileAttack #RedSeaConflict #USInShock #MiddleEastTensions #YemenConflict #NavalClash #BombExplosion #InternationalWaters #USMilitaryAlert #HouthiMilitants #RegionalInstability #GlobalSecurity
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In a dramatic escalation, Yemeni forces have launched their largest-ever attack on U.S. Navy warships in the Red Sea, signaling their support for Palestine and Lebanon amid ongoing conflicts. The Pentagon has responded, refuting claims of direct hits, yet the incident raises significant concerns about regional stability and U.S. military operations. What does this mean for the future of U.S. presence in the Middle East? Join us as we dive deep into the details and implications of this high-stakes confrontation.
#Yemen #USH Navy #RedSea #MiddleEastConflict #Pentagon #MilitaryNews #YemeniForces #USWarships #GlobalSecurity #Palestine #Hezbollah #Iran #MilitaryTensions
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“The more we go for clean energy, the more resistant we are to global conflicts because nobody can take solar or wind as a hostage,” International Energy Agency boss Dr Fatih Birol told Euronews.
Credit: euronews (in English) Duration: 08:00Published
World Economic Forum (WEF) President Borge Brende expressed concern over the recurrent attacks on merchant ships by Yemen's Houthi rebels in the Red Sea. These attacks, he warns, could lead to a..