After Pakistan, this time Saudi Arabia also gave a strong shock to China! Canceled large-scale contracts

Bangla Hunt Desk: The whole world is angry with China for spreading the corona virus. However, many countries, including India, have initially expressed dissatisfaction with blaming China for the corona virus. But in the Galwan Valley in Ladakh, the pir of China's dispute with India, India has come to the fore with its waist tied against China. India is cutting the name of Chinese companies from one project after another. And this time Saudi Arabia has joined in that order.

After Saudi Arabia gave a blow to Pakistan, this time it also gave a big blow to China. Saudi Arabia's state-owned oil company Aramco is set to suspend a ১০ 10 billion deal with China to build a refining and petrochemical complex.

Aramco has decided to stop investing in Liaoning in eastern China after talks with China. It is rumored that Aramco has decided to cancel the deal due to falling oil prices. Lockdowns are being observed around the world to prevent infections due to the corona virus epidemic. As a result, the financial movement of the whole world has stopped. And this has had a direct impact on oil demand. Demand for this specialty has grown significantly as a result of recent corporate scandals. As a result of falling demand, oil prices have also come down a lot.

Aramco has announced to invest in the proposed বিল 44 billion Ratnagiri mega refinery project in Maharashtra. There are fears that if oil prices continue to fall in this way, Saudi Arabia could cancel the deal with India. However, Aramco has made it clear that it does not want to make any changes to its investment in India for the time being. The deal also includes a ১৫ 15 billion deal with Reliance Industries. Aramco is keen to invest in India despite declining oil demand due to the corona and falling oil prices.

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