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...
Yemen's Houthis attacked the Andromeda Star oil tanker in the Red sea en route from Russia to India. The vessel, involved in Russian trade, reported damages. The.. IndiaTimes
Rishi Sunak has arrived in Berlin where he is set to meet German Chancellor Olaf Scholz for talks on Wednesday. The topics of the meeting at the Chancellery will include mutual relations, the Russian war against Ukraine and the situation in the Middle East. It comes as Rishi Sunak met in Warsaw, Poland, on Tuesday with Prime Minister Donald Tusk and Nato Secretary General Jens Stoltenberg to discuss security.
Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Welcome to another episode of the International News Wrap, your ultimate destination for the latest global updates, brought to you exclusively by OneIndia. Amidst escalating violence in the Middle East and heightened tensions as Ukraine braces for a potential summer offensive by Russia, the world stage is rife with significant events. Today, we explore a diverse array of stories, from Sheikh Hamda’s directive to expedite salary payments for government employees in flood-stricken Dubai to the resignation of Israel's Military Chief. Stay tuned as we delve into the day's top international developments, ensuring you remain informed and up-to-date on global affairs.
#DubaiFlood #IsraelIranConflict #IsraelHamasWar #GazaConflict #DubaiRains #DubaiWeather #CrownPrinceSupport #UAE #GovernmentEmployees #EmergencyResponse #SevereWeather #GazaConflict #HumanitarianCrisis #MiddleEast #GlobalSecurity.
~HT.178~PR.152~ED.103~GR.124~
Discover the significance of Iranian President Ebrahim Raisi's three-day visit to Pakistan amidst escalating tensions in the Middle East. Explore why this diplomatic engagement holds importance for regional stability and cooperation. Stay informed with our in-depth analysis.
#IranianPresident #IranPakistan #EbrahimRaisi #IranPakistanRelations #IsraelIranTensions #IsraelIranConflict #ShehbazSharif #AsifAliZardari #Oneindia
~PR.274~ED.101~GR.121~HT.96~
Violence in the Middle East will not stop until the war in Gaza ends, a senior Hezbollah figure has told Sky News in a world-first interview in which he also.. Sky News
Yemen's Houthi rebels claimed responsibility for striking the Andromeda Star oil tanker in the Red Sea, part of their solidarity with Palestinians amid the Gaza conflict. The ship sustained damage, confirmed by Ambrey. Recent attacks on commercial vessels raise concerns of regional destabilization. The USS Dwight D. Eisenhower's departure from the Red Sea coincided with heightened tensions.
#Yemen #HouthiRebels #Palestine #GazaConflict #HouthiAttacks #RedSeaAttacks #Israel #Gazawar #Worldnews #MiddleEastnews #Oneinda #Oneindia news
~ED.155~PR.320~GR.122~
Shipping traffic through the vital Suez Canal artery has plunged by 66% since cargo was forced to divert due to attacks on vessels, according to official.. Sky News
Indian exporters are facing challenges as costs surge due to Houthi attacks on shipping in the Red Sea, resulting in a significant rise in cargo insurance.. IndiaTimes
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..
Thursday, 4 January 2024
![Rishi Sunak arrives in Berlin to meet German Chancellor [Video]](https://video.newsserve.net/300/v/20240423/1373568112-Rishi-Sunak-arrives-in-Berlin-to-meet-German.jpg)
![International News Wrap EP 4: Dubai Floods, Russia warns West of direct clash and more | Oneindia [Video]](https://video.newsserve.net/300/v/20240422/1373430108-International-News-Wrap-EP-Dubai-Floods-Russia.jpg)
![Iranian President Ebrahim Raisi Visits Pakistan Amid Escalating Tensions with Israel |Oneindia News [Video]](https://video.newsserve.net/300/v/20240422/1373417938-Iranian-President-Ebrahim-Raisi-Visits-Pakistan-Amid-Escalating.jpg)
![Houthi Rebels Resume Red Sea Strikes, India-Bound Oil Tanker Targeted| OneIndia News [Video]](https://video.newsserve.net/300/v/20240427/1373879896-Houthi-Rebels-Resume-Red-Sea-Strikes-India-Bound.jpg)
![Red Sea Houthi Threat: Crisis likely lead to oil price hike in India: WEF chief | Oneindia News [Video]](https://video.newsserve.net/300/v/20240115/1363694395-Red-Sea-Houthi-Threat-Crisis-likely-lead-to.jpg)
