Washington, March 19 (IANS) The United States has announced support of up to $10 billion for a major iron ore project that will deepen strategic ties with India, as part of a broader $30 billion Indo-Pacific financing push aimed at strengthening supply chains and industrial capacity. The funding, backed by the U.S. Export-Import Bank (EXIM), was announced during the Indo-Pacific Energy Security Ministerial and Business Forum in Tokyo.EXIM said its loans are unlocking nearly $30 billion in …
Latest Energy dominance agenda News & Updates
Washington, March 9 (IANS) Indian refineries processing Russian crude was a “pragmatic decision” taken to stabilise global energy markets and speed up supplies in Asia, US Energy Secretary Chris Wright said. Speaking on Fox News on Sunday (local time), Wright said the policy does not represent any shift in Washington’s sanctions stance toward Moscow but reflects the realities of oil supply chains in Asia amid geopolitical disruption.”Russia’s oil remains sanctioned. There’s no change in policy t…