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
'India’s Got Latent' Row: 'It happened in the flow, mental health is not good'; Samay Raina admits his mistake.
Famous comedian Samay Raina has been in the news for some time now. In India's Got Latent, podcaster Ranveer Allahabadia commented on the intimacy of parents, which created a ruckus. The Supreme Court
Typhoon Muifa: Port stalled in East China, schools also ordered to be closed; What is the reason after all?
Authorities in China's eastern province of Zhejiang have ordered ships to return to port. It has also asked schools to close and tourists to be evacuated from nearby islands as one of the most
Like Anushka Sharma, will Alia-Ranbir keep their child away from the limelight? Know what the actor said
Ranbir Kapoor and Alia Bhatt are going to be parents soon. Both are very excited about their new journey. On the other hand, Ranbir Kapoor is currently busy promoting his film Shamshera. He is seen
Risk of 56 diseases from cigarettes, research on Chinese: 1 million deaths annually due to smoking there; men more at risk
40% of the world's smokers live in China. According to recent research published in the Lancet Journal, they have a higher risk of 56 diseases than non-smokers. This includes many types of cancer to
Bilal al Sudani: Know who is ISIS terrorist Bilal al Sudani, who was killed by US forces in Somalia
The American army killed ISIS terrorist Bilal al-Sudani in the African country of Somalia last night. The Biden administration claimed to have killed the ISIS leader in an anti-terrorist operation. In
Bharat Jodo Yatra: Rahul Gandhi starts Bharat Jodo Yatra from Washim, today Sachin Pilot will join
Congress's Bharat Jodo Yatra is moving forward in Maharashtra. It advanced into the Washim district on Wednesday morning. Today Congress leader Sachin Pilot will also participate in it.
Japanese Prime Minister Kishida on a foreign trip, a special meeting with US President
Japan's Prime Minister Fumio Kishida has left for a week-long foreign trip. During the visit, he will seek to strengthen military ties with Europe and Britain and focus on the Japan-US alliance at a
Sachin Tendulkar was in tears after seeing his son playing in IPL, why is Arjun Tendulkar's first over special?
In the 25th match of IPL 2023, Mumbai Indians defeated Sunrisers Hyderabad by 14 runs. In this match, Sunrisers Hyderabad won the toss and decided to bowl first. Batting first, Mumbai scored 192 runs
Petrol Diesel Price: Oil companies have released the prices of petrol and diesel, know how much are the prices in your city today
Oil companies have released the prices of petrol and diesel for today. Today companies have not made any change in oil prices. On Saturday, the government announced to reduce the prices of petrol and
FTA: India-UK free trade agreement will be signed in Indonesia, Modi and Sunak will meet in November
The much-awaited Free Trade Agreement (FTA) between India and the UK will be ratified at the G-20 summit meeting to be held in Bali, Indonesia in mid-November. On the sidelines of this meeting, there
