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New Delhi: In a significant development amid the intensifying Russia-Ukraine war, a big European country has decided to acquire the much-talked about Iron Dome air defence system of Israel. For those unversed, the Iron Dome air defence system of Israel is a mobile all-weather air defense system designed to intercept and destroy short-range rockets and artillery shells. In the recent development, the southeastern European country named Romania has decided to purchase the famous air defence system ...Read More >
UK sanctions 30 shadow tankers in largest clampdown on Russian oil trade The UK has blacklisted another 30 oil tankers in Russia's "shadow" fleet in its largest sanctions package of this kind to date, the government said Nov. 25, as a G7 foreign ministerial meeting kicks off in Italy. To circumvent the G7's price cap on seaborne Russian oil exports, Russia has amassed a large tanker fleet of 586 ships totaling 57.1 million dwt, according to a recent analysis based on S&P Global Commodities at ...Read More >
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