Russia Ukraine War: At present, there is no relief from expensive crude oil prices and this relief will not be available until the ongoing war between Russia and Ukraine is over. If the war between the two countries continues, crude oil will remain above $100 per barrel. The Economic Intelligence Unit (EIU) has said these things in its Global Outlook report.
According to the Economic Intelligence Unit, with the ban on Russia's hydrocarbon exports, problems will continue due to the threat of sanctions and supply disruptions. According to the report, an increase of 65 percent in the prices of European gas prices can be seen this year. Whereas last year there was an increase in prices by 5 times.
According to the report of the Economic Intelligence Unit, due to the huge jump in commodity prices, there may be an increase in inflation worldwide. However, this is bad news for India, where inflation has increased due to the rise in commodity and crude oil prices.
Due to the Russia-Ukraine war, there has been a huge jump in the prices of crude oil, due to which the state-owned oil companies have increased the price of petrol and diesel by Rs 10 per liter. But if the price of crude oil remains above $ 100 per barrel, then in the coming days, the government oil companies may have to increase the price even more. At present, since April 6, government oil companies have not increased the prices of petrol and diesel. At the same time, the Government of India is in the process of buying crude oil at a cheap price. Russia has also offered India to sell crude oil at a lower price than the international market.
Also Read: EU chief on India visit Ursula Vaughan said – India-EU shared goals in the field of renewable energy
Delhi Assembly: Two women occupy top positions in the ruling and opposition parties, this will happen for the first time in the history of the Vidhan Sabha
For the first time in the history of the Delhi Assembly, two women have occupied the top positions in the ruling party and the opposition. Earlier, only the post of Chief Minister was held by a woman,
Musk cancels Twitter deal: Said - the company did not give information about fake accounts; Now 7.9 thousand crore rupees will have to be given
Tesla CEO and world's richest man Elon Musk canceled the Twitter purchase deal on Friday. While closing the deal worth $ 44 billion (Rs 3.37 lakh crore), Musk said - the company has failed to provide
KKR vs RR: Butler, who came in as an impact player, left an impact, and scored his second century, Narine's hard work went in vain.
Rajasthan Royals won the 31st match of IPL 2024 on the last ball. Jos Buttler gave the team its sixth win with a century. Rajasthan continues to top the points table with 12 points while Kolkata
'I am very impressed with your minister, watch his speeches', UAE minister praises Jaishankar
UAE Minister Praises Jaishankar: United Arab Emirates (UAE) Minister of Artificial Intelligence Omar Sultan Al Olama has called on Indian Foreign Minister S. Jaishankar has been praised a lot. He told
Vande Bharat Accident: The 'nose' of Vande Bharat Express getting cut repeatedly, but saving the lives of passengers
In Gujarat, the Vande Bharat Express train is falling prey to accidents after repeatedly colliding with cattle. There have been three such accidents in a month since the start of this train between
Emergency Alert: Have you received the emergency alert from the Department of Telecom on your phone, know what the government said?
If you have received an emergency alert on your phone today i.e. on July 20, then you do not need to worry. “Emergency Alert: Severe” message has come on the phones of many people at
Vault Full: The government's bag is being filled due to rising inflation, public pockets are getting empty due to the burden of taxes
The ever-increasing inflation is increasing the troubles of the common people, on the other hand, it is filling the government's treasury. Besides easing tax compliance, inflation is one of the
Russia-Ukraine War Updates: A glimpse of the destruction of the Russian warship Muscova came to the fore, 69 citizens of Zaporizhia in Russian captivity
Today is the 55th day of the Ukraine war. Ukraine had destroyed Russia's largest warship Moskva in the Black Sea some time ago. Now the glimpse of the destruction of the ship has come in front of the
Immediately after the World Cup, 'Mr. Cricket' got angry about the T20I series between India and Australia, saying - the importance of the series is no longer there
Former Australian batsman Michael Hussey has expressed his anger over the busy calendar of cricket. Hussey said that the series has lost its importance due to the five T20 International matches
Weather Update: Delhi shivered due to severe cold, and traffic was affected from ground to sky; Impact on 22 trains and 134 flights
Due to the cold winds coming from the mountains, the cold has increased in the plains. There was fog in Delhi NCR on Thursday morning, but not as much as it was yesterday. People are facing problems
