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Trump Announces "Biggest Oil Deal in World History" With Venezuela
International
Trump Announces "Biggest Oil Deal in World History" With Venezuela

President Trump on August 28 announced a deal with Venezuela's interim President Delcy Rodríguez giving the US 55% effective control of a new joint venture holding 65 billion barrels of proven oil reserves on a 100-year lease. Negotiated by Rubio and Hegseth, the deal follows Maduro's capture and is expected to bring $100 billion in private investment to Venezuela.

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Saudi Arabia Makes Biggest Oil Price Cut in 26 Years International
Saudi Arabia Makes Biggest Oil Price Cut in 26 Years

Saudi Aramco has cut Arab Light crude prices for Asian buyers by $11 per barrel for August deliveries, the largest single-month price reduction in at least 26 years, as the Strait of Hormuz reopens, Brent retreats to $72, and a global supply surge shifts market power sharply toward buyers.

Government Cuts Excise Duty on Petrol, Diesel by ₹10/Litre Amid Global Oil Price Surge Executive
Government Cuts Excise Duty on Petrol, Diesel by ₹10/Litre Amid Global Oil Price Surge

India cuts excise duty on petrol and diesel by ₹10/litre as global crude crosses $100, aiming to ease pressure on fuel prices and OMC losses.


New Release

Senior Citizens Rights Handbook

The Senior Citizen Rights Handbook is a comprehensive guide designed to empower elderly citizens with clear and accessible knowledge of their legal and social rights in India.

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