Before the outbreak of the Ukraine-Russia war, hardly any crude oil from Russia used to reach the country. However, in the last few days, India has emerged to be the one of the prime importers of Russian oil, despite what her diplomats in the West say. India produces only 15% of its oil requirement fromContinue reading “How India have become a Major Buyer of Russian Oil”
Tag Archives: oil
Global Food Crisis 2022
For the past 2-3 months, the world is seeing a global food crisis like never before. Sri Lanka is by far the worst country to be affected by the global food crisis. Afghanistan and Myanmar are also driven by their extremist leaders towards self-isolation, leading the majority of the population towards below poverty-line. Ukraine isContinue reading “Global Food Crisis 2022”
Economic Impact of Russia-Ukraine War
Russia and Ukraine, the two biggest countries of Europe, have gone into war against each other. Most European countries, and some American countries including US and Canada, have imposed heavy economic sanctions on Russia, while helping Ukraine to stand up in the war. The economic impact of the Russia-Ukraine war is expected to reach almostContinue reading “Economic Impact of Russia-Ukraine War”