Emirates Telecommunications secures 9.8% stake in Vodafone for $4.4Bn

  • The UAE-based telecommunications firm aims to unlock full exposure to Vodafone – the world leader in connectivity and digital services
  • It pursues expansion into new markets across Europe, Africa, and Asia

Sanctions on Russian oil not impacting worldwide supply: IEA estimates

After issuing a warning in March that Russian oil sanctions could result in a loss of 3 million bpd (barrels per day), the IEA (International Energy Agency) has now revised the forecast. The agency has claimed that the world will be able to withstand the shortfall in an interesting U-turn from its initial report and