OPEC forecasts rise in global oil demand
2020 has witnessed a collapse in oil prices after global demand fell by a third when governments imposed lockdowns to stop the spread of the virus.
Russia
Indian Envoy Discusses Bilateral Cooperation With Russia’s Deputy Foreign Minister
On June 2, Prime Minister Narendra Modi had spoken to Russian President Vladimir Putin over phone and agreed on the importance of closer India-Russia ties for jointly addressing the challenges of the post-COVID world.
The Bilateral, Regional and Global Dimensions of Sino-Russian relations
China and Russia are seeking to act as key players to promote the narratives of emerging economies on issues of security and development
Indian military contingent participates in Victory Day Parade in Russia; makes Rajnath Singh proud
On Tuesday, Singh called on Russian Deputy Prime Minister Yury Borisov and the two leaders held discussions on the bilateral relationship, regional issues, and reviewed the India-Russia defence cooperation.
Twitter Removes China, Russia And Turkey “State-Linked” Accounts
By far the biggest network uncovered was linked to China, the US social media giant said, comprised of a “highly engaged core” of 23,750 accounts that was boosted by a further 150,000 “amplifier” accounts.
Russia should not interfere in India-China standoff as it is bilateral matter: Top Russian lawmaker
“Good relations between Russia and China and good relationship between Russia and India are two factors which provide a good opportunity for finding solutions to problems that exist between China and India,”
India saves Rs 5,000 crore on filling strategic oil reserves
The storages at Mangalore and Padur were half-empty and there was some space available in Vizag storage as well. These were filled by buying oil from Saudi Arabia, the UAE and Iraq.
SCO Ministers of Foreign Affairs convene video conference in the backdrop of Covid-19 pandemic
While India’s External Affairs Minister Jaishankar highlighted the overwhelming threat posed by terrorism, Chinese Minister of Foreign Affairs Wang Yi urged that the pandemic not be politicized
Russia, Saudi Arabia, and the USA: Slippery Oil Triangle
Following a deadlocked OPEC summit in February, Moscow and Riyadh announced they would ramp up production, sending already low prices tumbling, suggesting they have decided geopolitical interests trump purely economic ones.
How Russia Can Maintain Equilibrium in the Post-Pandemic Bipolar World
To avoid becoming part of a Sino-centric power bloc and maintain international equilibrium, which is critically important to Russia’s status and self-image, Moscow must reduce its dependence on China by fostering its relations with other large economic and financial players: primarily European countries, India, and Japan.