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Trump’s pull out of Iran N-deal may escalate oil prices

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Trump’s pull out of Iran N-deal may escalate oil prices

India will also be affected by oil price rise

The possibilities of US President Donald Trump’s pull out from Iran nuclear deal on May 12 has been influencing the crude oil market. The Brent Crude, the global benchmark, briefly soared above $75 per barrel on Monday after Israeli Prime Minister Benjamin Netanyahu claimed that Iran was lying on its implementation of JCPOA conditions.

According to CNN, bringing back sanctions on Iran could knock out as much as 1 million barrels per day of crude supply, dealing a “blow to increasingly fragile energy markets”.

Micheal Wittner, the global head of oil research at Societe Generals, a French multinational banking and financial services, said, “There will be significant disruption. The market is assuming that oil sanctions will snap back onto Iran”.

Read More: Iran warns US not to withdraw from n-deal or face consequences

Meanwhile, Tehran based Press TV reports that the National Iranian Oil Company (NIOC) exported 2.8 million barrels per day of crude oil and condensate to Asian and European countries in April, a record since the lifting of sanctions in early 2016.

China and India are the biggest buyers taking in 1.4 million bpd of Iran’s oil. South Korea and Japan are Iran’s other key customers in Asia where 60 percent of Iranian oil is exported.

The report further says that Europe receives almost all the other 40 percent of oil shipments from Iran.The major buyers include: France’s Total, Anglo-Dutch Shell, Italy’s Saras, Greek Hellenic Petroleum as well as Polish and Turkish companies.

Read More: Saudi Prince ask US to rethink on Iran-N deal

After January 2016, when US-led sanctions were lifted along with implementation of Iran nuclear deal known as JCPOA, Iran re-emerged as a major oil exporter. However, Trump’s threats to re-impose the US sanctions this month have sent jitters across the global oil market.

Meanwhile Reuters quoted Stephen Innes, head of trading for Asia-Pacific at futures brokerage OANDA in Singapore, saying, “As May 12 Iran nuclear deadline nears, geopolitical developments will continue to drive oil market sentiments”.

On Monday, US President Donald Trump said that Israeli PM Benjamin Netanyahu’s revelations about Iran lying on its nuclear project show he’s “100% right” about the Iranian nuclear agreement. He was quoted saying, “We’ll see what happens. I’m not telling you what I’m doing, but a lot of people think they know.”

Stephen Bennock, the oil analyst at Singapore based brokerage firm PVM Oil Associates, wrote to his clients late last week, “The Iranian nuclear deal is dead in the water and a Trump torpedo is fast approaching.”

Under the 2015 nuclear deal, Iran agreed to limit its nuclear activities, in exchange of lifting sanctions against the country. Iran had quickly boosted its oil production by about 1 million barrels per day after the implementation of the deal in January 2016.

According to FEG estimates, if the sanctions are restored, Iran’s output could be slashed by 250,000 to 50,000 barrels per day by the end of 2018. This figure could rise to 500,000 to 1 million per day through 2019.

Read More: EU: US to lose trust if Washington withdraws from Iran N-deal

FGE has also warned that if no steps are taken to void left by Iran, the gap between supply and demand could shrink to the tightest level since 2013, when oil prices were above $ 100 a barrel.

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YouTuber Zara Dar clarifies misconceptions, denies being Pakistani, and explains decision to quit PhD for OnlyFans

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Zara Dar clarifies her background and career change in a social media post

YouTuber Zara Dar, who sparked significant attention after revealing she was leaving her PhD studies to pursue a full-time career on OnlyFans, has addressed a series of misconceptions circulating about her. In a series of posts on social media platform X, Dar clarified the misinformation and took the opportunity to set the record straight on several points, particularly regarding her background and career shift.

The controversy began when Zara posted a video explaining her decision to quit her PhD in engineering and focus on adult content creation. The video quickly went viral, with some viewers misinterpreting or distorting the details of her story. One of the most prevalent rumors was that Zara Dar was of Pakistani origin.

In her clarification, Zara stated, “With all due respect, I am not Pakistani. I am American, born and raised, with a mixed background: American, Persian, Southern European, Middle Eastern, and Indian.” She explained that her name, “Darcy,” which she shortens to “Dar,” led to confusion, as it resembled that of a different Pakistani influencer, Zara Dar.

Zara also addressed the emergence of fake content under her name, including deepfake videos, and vehemently denied any associations with such material. She emphasized that, despite the false claims, she had not given any exclusive interviews and had only used social media to share her story.

Regarding her decision to leave academia, Zara shared that her shift to OnlyFans, while financially rewarding, also provided her with the freedom she felt was missing in her academic career. “It has given me the freedom to learn and share new content,” she stated, adding that while she had stepped away from her PhD, she would still continue to create educational content on her YouTube channel.

The announcement sent shockwaves across her fanbase, as many were surprised by her drastic career change. However, Zara explained that the decision was motivated not only by financial viability but also by her desire for personal autonomy outside the rigid structures of academia.

As Zara Dar continues to navigate the shift from academia to content creation, she remains committed to building her brand while tackling the misinformation surrounding her. Through her candid social media posts, she aims to keep her followers informed and provide clarity on her personal and professional choices.

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Festivals

Where is Santa this Christmas Eve? Track his journey with NORAD and Google Santa Tracker

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Santa tracking on Christmas Eve with NORAD and Google Santa Tracker

As Christmas Eve arrives, excitement fills the air for families worldwide, eager to track Santa’s magical journey across the globe. Thanks to modern technology, families can now follow Santa’s global trek in real time, a cherished tradition that has been made even more special by NORAD and Google Santa Tracker. These two platforms bring the joy of the season to life with live updates, interactive features, and educational content.

NORAD tracks Santa: A legacy of tracking Santa Claus

The North American Aerospace Defense Command (NORAD) has been tracking Santa Claus since 1955, starting from a simple mix-up. A Sears department store advertisement listed the wrong phone number for Santa, leading a child to call the military command. When Air Force Commander Harry Shoup answered, he reassured the child, and thus, a global tradition was born. NORAD has since embraced cutting-edge radar and satellite technology to track Santa’s journey, with Rudolph’s glowing red nose marking his path through the night sky.

This year, NORAD’s Santa Tracker goes live on Christmas Eve at 6 a.m. ET, offering real-time updates on Santa’s location until 2 a.m. ET on Christmas Day. Families can access the official NORAD Tracks Santa website, download the Santa Tracker app (available on both iOS and Android), or follow NORAD on social media. For a more personal touch, NORAD’s hotline (1-877-HI-NORAD) is available from 8 a.m. to 2 a.m. ET on Christmas Day, offering families a chance to speak with volunteers about Santa’s journey.

Google Santa Tracker: Interactive fun for the whole family

Google’s Santa Tracker also offers a way to follow Santa’s travels in real time, but with a twist. In addition to tracking Santa, the platform features a variety of interactive experiences, including holiday games, videos, and educational content about Christmas traditions around the world. Google’s Santa Tracker provides a countdown to Christmas Eve and a chance to explore Santa’s Village, where families can engage in festive activities before tracking his journey.

How to track Santa this Christmas Eve

  • NORAD Tracks Santa: Visit noradsanta.org for live updates, videos, and interactive features. The website includes a countdown to Santa’s departure and real-time tracking of his global journey.
  • Google Santa Tracker: Head to santatracker.google.com to play games, watch videos, and track Santa in real time.

The tradition of tracking Santa

Tracking Santa has become a beloved holiday tradition, bringing joy and excitement to children and families around the world. Whether through NORAD’s precise tracking or Google’s interactive features, these services offer a unique way to experience the magic of Christmas. For over 65 years, NORAD’s Santa Tracker has allowed kids to track Santa as he makes his way across the globe, adding an extra layer of excitement to Christmas Eve. According to NORAD, its fighter jets have “intercepted Santa many, many times,” with pilots even tipping their wings to say, “Hello Santa. NORAD is tracking you again this year.”

How does Santa travel so Fast?

One of the most intriguing aspects of tracking Santa is how he manages to deliver presents to every corner of the globe in just one night. According to NORAD, Santa operates in a time-space continuum of his own. While it appears that Santa completes his journey in 24 hours, NORAD suggests that he experiences time differently. “Santa does not experience time the way we do,” says the agency. In Santa’s world, his trip could span days, weeks, or even months, making his speed and efficiency even more magical.

A global tradition of Christmas magic

This Christmas Eve, families can once again join in the holiday fun by tracking Santa’s extraordinary journey. Whether using NORAD’s detailed tracking system or exploring Google’s interactive features, the Christmas spirit comes alive in real-time. So, as you prepare for Christmas Day, don’t forget to check in and see where Santa is — it’s a joyful part of the holiday season!

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India News

Bangladesh requests India’s assistance for Sheikh Hasina’s return amid turmoil

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Bangladesh requests India to facilitate Sheikh Hasina's return amid political crisis

Bangladesh has formally requested India to facilitate the return of Sheikh Hasina, the deposed Prime Minister of the country, who has been residing in India since August 5, 2024. The interim government in Dhaka has sent a diplomatic note to the Indian government, urging the extradition of the 77-year-old leader, who fled Bangladesh following mass protests that led to the downfall of her 16-year-long regime.

Sheikh Hasina, leader of the Awami League, has been living in exile in India since she was forced to leave amid growing political unrest in Bangladesh. In the wake of her departure, the Dhaka-based International Crimes Tribunal (ICT) issued arrest warrants against Hasina, her ministers, advisors, and former military and civil officials, accusing them of “crimes against humanity and genocide.”

Touhid Hossain, the foreign affairs adviser in Bangladesh’s interim government, confirmed the diplomatic communication, saying, “We have sent a note verbale to the Indian government requesting her return for the judicial process in Bangladesh.”

In addition to the note, Jahangir Alam, the Home Advisor, revealed that the government has also sent a formal letter to India’s External Affairs Ministry, emphasizing the need for Hasina’s extradition. He mentioned that there is an existing extradition treaty between the two countries, which could be invoked to facilitate her return.

The diplomatic request comes in the wake of a visit by India’s Foreign Secretary, Vikram Misri, to Bangladesh. During his visit, Misri engaged in candid and constructive discussions with Nobel laureate and Chief Advisor of Bangladesh’s interim government, Muhammad Yunus. Misri also raised concerns over the treatment of minorities in Bangladesh, particularly Hindus, and discussed the increasing tensions between the two countries. According to reports, the issue of Hasina’s stay in India was one of the topics of discussion during Misri’s visit. Yunus reportedly expressed concern over the political statements made by Hasina from her location in India, which have reportedly been exacerbating tensions.

Sheikh Hasina, speaking in a virtual address to Awami League supporters in London, criticized the interim government of Bangladesh and accused Yunus of running a “fascist regime.” She alleged that the new regime under Yunus’s leadership had led to increased attacks on religious minorities and accused the interim government of undermining Bangladesh’s democratic progress. Hasina also lamented the reversal of her administration’s achievements in poverty alleviation, infrastructure development, and the strengthening of democracy.

The political climate in Bangladesh remains fraught with tension as the interim government faces mounting pressure, both domestically and internationally, over its treatment of opposition leaders and political dissent. The unfolding situation continues to capture attention both within Bangladesh and abroad, particularly with regard to the potential return of Sheikh Hasina.

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