Washington, March 19 (IANS) The United States is considering a series of emergency energy measures, including releasing more crude from its strategic reserves and easing restrictions on Iranian oil, as the White House moves to contain rising prices after fresh disruptions in global supply. Treasury Secretary Scott Bessent, in separate interviews with Bloomberg and Fox News, said the administration had prepared contingency plans in advance of potential chokepoints in global oil flows, particul…
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Washington, March 19 (IANS) US President Donald Trump said that the United States “knew nothing” about Israel’s strike on Iran’s South Pars gas field and warned Tehran of massive retaliation if it “unwisely” targets Qatar again, after Iran struck a portion of Qatar’s LNG facility following the attack.Trump on Wednesday night (Local time) said Israel had “violently lashed out” at the South Pars Gas Field, “out of anger for what has taken place in the Middle East,” but stress…
Tehran, March 8 (IANS) Iran’s Islamic Revolution Guards Corps (IRGC) said it attacked a refinery in Israel’s Haifa on Saturday night in retaliation for a US-Israeli strike on its own energy infrastructure.In a statement published on its official news outlet Sepah News, the IRGC said the Haifa refinery was hit by Kheibarshekan missiles in response to the attack.Meanwhile, the National Iranian Oil Refining and Distribution Company said energy infrastructure in the country came under the US-Israeli…
Washington, March 5 (IANS) President Donald Trump has said the United States had taken a clear lead over China in artificial intelligence while accusing Beijing of dominating the global wind turbine market and dumping the equipment in Europe. Speaking during a White House roundtable on the ‘Ratepayer Protection Pledge’ on Wednesday (local time), Trump said the United States was ahead in the race to develop advanced artificial intelligence infrastructure.”The United States is leading the world in…
New Delhi, March 3 (IANS) Mega projects such as the Adani Group’s $100 billion plan to build renewable-powered, AI-ready hyperscale data centres by 2035 have the potential to reshape India’s role in the global AI economy, according to an article published in the Carbon Credits.com news portal.“First and foremost, the scale of investment stands out. Adani’s direct $100 billion commitment is expected to catalyse another $150 billion across server manufacturing, advanced electrical systems,…
Washington, Jan 8 (IANS) President Donald Trump has said that Venezuela has agreed to purchase only American-made products using proceeds from a new US-brokered oil deal, describing the arrangement as a major shift in the Caracas economic orientation and a boost for American manufacturers, farmers, and exporters. In a post on Truth Social, Trump said he had been informed that Venezuela would use the revenue it receives from the oil agreement to buy US goods across a wide range of sectors.“I ha…