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IndiaTimes of India ·

Saudi Arabia slashes crude prices by most in 26 years amid OPEC+ output surge

Saudi Arabia has implemented its steepest crude oil price cut in 26 years, signaling intensifying competition among global oil producers. Major Persian Gulf nations are ramping up output and restoring export volumes to pre-war levels. The move aligns with an OPEC+ decision to raise production targets further for August. Indian refiners stand to benefit from the lower prices, which will also ease the government's fuel subsidy burden. Cheaper energy costs are expected to help keep inflation in check and boost consumer spending in India.

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IndiaNDTV ·

Cuba Plunges Into Island-Wide Blackout Amid Severe Fuel Shortage

Cuba has experienced a nationwide blackout as the country faces a deepening fuel crisis. The island nation currently produces only 40% of the fuel required to meet its energy needs. A Russian tanker delivered 730,000 barrels of oil to Cuba in late March, but those reserves were fully depleted by the end of April. The shortfall has left the country unable to sustain its power supply across the island.

Refugees to get citizenship under CAA soon, infiltrators to be driven out: Amit Shah · ShortSingh