New Delhi, April 22 (IANS) With the conflict in the Middle East leading to disruption in oil supplies and soaring prices in global market, South Asian countries are turning to India, rather than China, to tide over the fuel crisis, according to an article published by OCRA (Organisation for Research on China and Asia).For South Asian economies already operating with limited buffers, a prolonged disruption could translate into sustained price pressures and mounting fiscal strain.In this context, …
Latest Friendship Pipeline News & Updates
New Delhi, April 18 (IANS) An additional 5,000 tonnes of diesel started flowing into Bangladesh from India through the India–Bangladesh Friendship Pipeline, reinforcing Dhaka’s fuel security amid the maritime uncertainty in West Asia affecting energy imports, reports said. Quoting the manager of Parbatipur Padma Oil Depot in Bangladesh’s Dinajpur, the Bangla Tribune reported that the tranche started arriving from Numaligarh in Assam on Thursday. Numaligarh Refinery Limited was establish…