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Global Stakes and Economic Impact The conflict's implications extend far beyond regional borders. The Strait of Hormuz, through which 20% of global oil flows, has become a critical pressure point. Any ...
The Assam Government on Tuesday announced a financial aid of Rs 25,000 each to about 350 families affected by a blowout at an ONGC crude oil well in Sivasagar district, with the release of gases ...
Beijing has far more at stake in Iran besides just oil. China has not only benefited from importing heavily discounted Iranian crude, it has inched up its strategic infrastructure investments into the ...