Articles for tag: Aiming, Boost, Energy, Gas, Independence, Indias, LowCost, Minister, Navigating, Oil, Purchase, Russian, Sanctions, Usage, Vows

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India’s oil minister vows to purchase low-cost Russian oil, navigating sanctions while aiming to boost energy independence and gas usage.

India’s oil minister vows to purchase low-cost Russian oil, navigating sanctions while aiming to boost energy independence and gas usage.

India is poised to continue purchasing oil from Russian suppliers due to favorable prices, as confirmed by Oil Minister Hardeep Singh Puri. With Western sanctions on Russia limiting oil prices, India is determined to buy from the cheapest sources, highlighting that they are not alone in this approach, as countries like Japan and various European ...

Market News

China claims a breakthrough in homegrown chip technology, challenging US sanctions and aiming to compete with ASML’s dominance.

China claims a breakthrough in homegrown chip technology, challenging US sanctions and aiming to compete with ASML’s dominance.

China has made significant strides in developing its own chipmaking equipment, aiming to overcome U.S. sanctions that hinder its semiconductor goals. The country’s Ministry of Industry and Information Technology recently announced a new laser-based immersion lithography machine capable of producing chips with resolutions of 65 nanometers or better. This marks a notable advancement from previous ...

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