Crude rallies to record as Turk-Kurd tensions rise
Oil briefly touches $89 a barrel on Turkish Parliament vote
This is a big worry for all the countries in the world who import oil. This is bad news for Indian economy too. The positive growth in Indian economy requires more fuel and that is why, it may create pressure on Indian economy both in the short term and in the long run.
The Hindu reported:
“This is a significant development in our quest for energy security. We are also addressing positively the [Nigerian] proposal to set up a major refinery in which the Oil and Natural Gas Corporation will be the leader. We are also going to explore opportunities in upstream and downstream sectors,” Minister of State for External Affairs Anand Sharma said on Tuesday.
To insure the energy relationship against the perils of a mono-dimensional relationship, Dr. Singh attempted to broad-base the ties with
This is good strategy from Indian Prime Minister. He should remember that
Comment Preview