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Tax-Free Countries: Where Your Income Remains Entirely Yours
Some countries across the Gulf, Europe, and Asia allow residents to keep 100% of their earnings as they impose no income tax. These nations sustain their economies through oil, gas, tourism, and indirect taxes like VAT.
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OPEC+ To Hike Petrol Output To 548,000 Barrels Per Day In August
Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to 548,000 barrels per day.
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Hormuz Blockade Threatens Energy Security Of Asia's Largest Economies
Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.
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US Urges China To Keep Iran From Shutting Strait Of Hormuz, A Key Trade Route
Analysts have said Iran may opt to retaliate to Washington's early Sunday attack by shutting the Strait, a waterway through which one-fifth of global oil output passes.
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Tehran Says No Objection To US Companies Operating In Iran
Araghchi said US firms could enter key sectors of Iran's economy, including its oil and gas industry, but emphasised that if an agreement is reached, the ball be in Washington's court to allow US firms to operate in Iran.
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With Lower Oil Prices, Russia, Ukraine Want To Settle: Trump
US President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian President Vladimir Putin was more inclined towards peace after the recent fall in the price of oil.
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Oil Giant Saudi Aramco, BYD Announce Alliance To Foster NEV Development
Saudi Arabia is working to diversify its economy, which is dependent on oil export revenue, and wants to set up 5,000 EV charging stations by 2030.
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"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
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Oil, Cars, Wine: What Could Get Costlier After Trump Tariffs Imposition
A baseline tariff of 10 per cent will apply to economies globally and will take effect on April 5, as announced by the US President Donald Trump.
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Oil Prices Remain Steady As Investors Weigh Trump Tariffs' Impact
Oil prices barely moved on Tuesday as investors weighed the impact of US tariffs on countries buying oil and gas from Venezuela against the effect of tariffs on industries such as automobiles on the global economy and oil demand.
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Trump Ends Chevron's Venezuela Oil Permit In Major Blow To Nicolas Maduro
US President Donald Trump said Wednesday he was revoking permission for oil giant Chevron to operate in Venezuela, removing a crucial source of revenue in a wobbly economy run by leftist adversary Nicolas Maduro.
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Semiconductor Policy Key To Improving India's Defence Manufacturing: Navy Chief
Navy chief Admiral Dinesh K Tripathi has said India's semiconductor policy is essentially "new oil for the economy".
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Sri Lanka Partially Repays Iranian Oil Bebt With $20 Million Worth Of Tea
Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its $251 million oil debts, with Colombo saying Tehran's visiting foreign minister had expressed "satisfaction" at the deal.
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PM Modi Woos Global CEOs For Investment In Oil, Gas Sector At India Energy Meet
Prime Minister Narendra Modi on Tuesday courted top oil and gas executives, showcasing opportunities the world's fastest growing economy offers and the reforms that his government has made particularly in exploration and production.
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Putin, Saudi Prince Urge OPEC+ Powers To Join Oil Cuts For Economy
Saudi Arabia and Russia, the world's two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy just days after a fractious meeting of the producers' club.
-
Tax-Free Countries: Where Your Income Remains Entirely Yours
Some countries across the Gulf, Europe, and Asia allow residents to keep 100% of their earnings as they impose no income tax. These nations sustain their economies through oil, gas, tourism, and indirect taxes like VAT.
-
OPEC+ To Hike Petrol Output To 548,000 Barrels Per Day In August
Saudi Arabia, Russia and six other key members of the OPEC+ alliance said they would further increase oil output in August to 548,000 barrels per day.
-
Hormuz Blockade Threatens Energy Security Of Asia's Largest Economies
Around 84 percent of oil passing through the Strait of Hormuz is destined for Asia, leaving the economies of China, India, South Korea and others vulnerable should Iran blockade the crucial trading route over US strikes on its nuclear sites.
-
US Urges China To Keep Iran From Shutting Strait Of Hormuz, A Key Trade Route
Analysts have said Iran may opt to retaliate to Washington's early Sunday attack by shutting the Strait, a waterway through which one-fifth of global oil output passes.
-
Tehran Says No Objection To US Companies Operating In Iran
Araghchi said US firms could enter key sectors of Iran's economy, including its oil and gas industry, but emphasised that if an agreement is reached, the ball be in Washington's court to allow US firms to operate in Iran.
-
With Lower Oil Prices, Russia, Ukraine Want To Settle: Trump
US President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian President Vladimir Putin was more inclined towards peace after the recent fall in the price of oil.
-
Oil Giant Saudi Aramco, BYD Announce Alliance To Foster NEV Development
Saudi Arabia is working to diversify its economy, which is dependent on oil export revenue, and wants to set up 5,000 EV charging stations by 2030.
-
"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
-
Oil, Cars, Wine: What Could Get Costlier After Trump Tariffs Imposition
A baseline tariff of 10 per cent will apply to economies globally and will take effect on April 5, as announced by the US President Donald Trump.
-
Oil Prices Remain Steady As Investors Weigh Trump Tariffs' Impact
Oil prices barely moved on Tuesday as investors weighed the impact of US tariffs on countries buying oil and gas from Venezuela against the effect of tariffs on industries such as automobiles on the global economy and oil demand.
-
Trump Ends Chevron's Venezuela Oil Permit In Major Blow To Nicolas Maduro
US President Donald Trump said Wednesday he was revoking permission for oil giant Chevron to operate in Venezuela, removing a crucial source of revenue in a wobbly economy run by leftist adversary Nicolas Maduro.
-
Semiconductor Policy Key To Improving India's Defence Manufacturing: Navy Chief
Navy chief Admiral Dinesh K Tripathi has said India's semiconductor policy is essentially "new oil for the economy".
-
Sri Lanka Partially Repays Iranian Oil Bebt With $20 Million Worth Of Tea
Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its $251 million oil debts, with Colombo saying Tehran's visiting foreign minister had expressed "satisfaction" at the deal.
-
PM Modi Woos Global CEOs For Investment In Oil, Gas Sector At India Energy Meet
Prime Minister Narendra Modi on Tuesday courted top oil and gas executives, showcasing opportunities the world's fastest growing economy offers and the reforms that his government has made particularly in exploration and production.
-
Putin, Saudi Prince Urge OPEC+ Powers To Join Oil Cuts For Economy
Saudi Arabia and Russia, the world's two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output cuts for the good of the global economy just days after a fractious meeting of the producers' club.
