Oil prices above $70 since 2014
Washington, May 7: Rising oil prices just passed another milestone, jumping above $70 per barrel on Monday for the first time since November 2014.
Oil prices have been climbing partly because of expectations that US President Donald Trump will abandon the 2015 Iran nuclear deal, which allowed Tehran to export more crude, reports CNN.
Prices have also gotten a lift from strong global demand and supply cuts by OPEC and Russia.
US oil prices have gained more than 16 per cent since the start of the year.
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Meta Apologises for Mark Zuckerberg's remark on India's 2024 election outcome
New Delhi: Meta India issued an apology on Wednesday following an inadvertent remark by CEO Mark Zuckerberg suggesting that India's incumbent government lost power in the 2024 elections.
Terming it an "unintentional terror," the company clarified that the statement did not reflect its stance.
Earlier, chairman of the House panel on Communication and Information Technology Nishikant Dubey had said that social media giant Meta is set to receive a summons from the Parliamentary Standing Committee regarding Zuckerberg's statement.
