Latest global supply News & Updates

Washington, June 3 (IANS) Secretary of State Marco Rubio on Wednesday said the United States has brought together more than 30 countries in a new effort to secure global supplies of rare earth minerals, as Washington seeks to reduce dependence on China for critical resources essential to advanced industries and emerging technologies. Appearing before the House Foreign Affairs Committee, Rubio highlighted the initiative as part of a broader strategy to strengthen economic security and supply-chai…

New Delhi, March 26 (IANS) Reliance Industries Limited (RIL) on Thursday refuted reports that it has purchased Iranian crude, calling these reports “baseless”.Reports earlier claimed that RIL had purchased 5 million ​barrels of Iranian crude after the US administration temporarily removed sanctions on ‌Iranian oil at sea.According to the report, RIL bought the oil from the National Iranian Oil Co.”Reliance Industries Limited categorically rejects recent media reports that the company has pur…