Israel and Hezbollah Agree to Ceasefire, easing volatility in Middle East

A tense standoff between Israel and Hezbollah has concluded with a brokered ceasefire. The deal, facilitated by the US, France, and Lebanon, marks a significant de-escalation in the volatility in the Middle East. Israeli Prime Minister Benjamin Netanyahu, under immense pressure from the US, reluctan…

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Russian missile attack pushed the oil prices up

Russia's unprecedented attack on Ukraine in the early hours on Thursday left the peace-loving world in a state of shock again, as there was a hope that an amicable solution could be found to the war with the incoming US administration in January next year. It was the first time an intermediate-r…

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How President Trump's second Term is going to shape the world - at least at outset!

Following a sweeping victory in the presidential election and securing full control of Congress, President Trump is gearing up for his second term. The Republican Party, also known as the GOP, has clinched the majority in the Senate and reached the pivotal 218 seats in the House of Representatives,…

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Oil prices keep falling even before the arrival of new US administration

The price of crude oil keeps falling as President Trump selects his top team, reinforcing the belief in the energy markets that there is enough oil in stock at present. As of 15:20 GMT on Wednesday, the prices of WTI and Brent were at $67.34 and $71.02 respectively. The gloomy market sentiments have …

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Impact of President Trump's re-election on the oil markets

With the comfortable victory over his rival, Kamala Harris, President Trump will certainly pursue his radical energy policies in order to deal with the crises in the energy sector, while sticking to his, 'Drill baby drill' policy. In anticipation of a supply boost in the near future, the oil…

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