The government of US President Donald Trump has demanded from the US Parliament to approve additional funding of $ 87.6 billion i.e. about Rs 8.3 lakh crore. A large part of this has been kept for expenses related to the Iran war. According to the White House, this amount is different from the defense budget of about $ 1 trillion approved last year and $ 1.5 trillion sought for the next fiscal year. The government says that this money will be spent on war-related operations, army preparation, replenishing weapons stocks and secret defense programs. At the same time, opposition to this demand is increasing in Parliament. On Tuesday, the Senate passed a resolution asking Trump to stop military action against Iran. Earlier, a similar proposal had also been passed by the Lower House. Four Republican lawmakers also joined the Democrats. 5 big updates of the last 24 hours… 1. Crude oil fell below $ 70: The price of US crude oil (WTI) fell below $ 70 per barrel. Brent crude also fell to $73.50, which has brought relief to the global energy market. 2. Trump’s threat to oil companies: Trump directed the US Justice Department to investigate oil companies. They allege that despite falling crude oil prices, companies are not providing relief to customers. 3. Invitation to Modi for Khamenei’s funeral: Iranian President Masoud Pazhakian has sent an invitation to Prime Minister Narendra Modi to attend the state funeral of Ayatollah Ali Khamenei. 4. Trump instituted investigation on oil companies: Trump directed the US Justice Department to investigate oil companies. They allege that despite falling crude oil prices, companies are not providing relief to customers. 5. Differences between Iran and IAEA on nuclear inspection: IAEA says it will get the right to inspect Iran’s nuclear sites, while Iran has said that the decision on any inspection will be taken after the final agreement and sanctions are lifted. For updates related to Iran Peace Deal, go through the blog below….
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