Washington, March 10 (IANS) Oil prices hovered near $90 a barrel on Tuesday as the war involving Iran sent shockwaves through global energy markets, raising fears of prolonged supply disruptions through the critical Strait of Hormuz and pushing US lawmakers to propose emergency measures to curb rising fuel costs. Brent crude, the global benchmark, traded around $91.94 a barrel, while US crude slipped to about $88.87 after volatile trading earlier in the week, according to CNBC and CNN.Energy mar…
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Washington, Jan 22 (IANS) A bipartisan US bill that places the Eastern Mediterranean at the centre of American foreign policy — with a clear India-linked connectivity focus — has cleared a key hurdle in Congress. The Eastern Mediterranean Gateway Act passed the House Foreign Affairs Committee by a 45–2 vote. The strong margin sends the Bill to the next stage of consideration and keeps it on track for a possible vote by the full House.The legislation is led by Congressman Brad Schneider and b…