Piyush Goyal urged Brics nations to dismantle trade barriers and open markets. He also called for linking payment systems and trading in local currencies. Streamlining customs and promoting services trade were also highlighted by the minister.
The news briefly pushed the price of oil to $110 a barrel over heightened fears of widening clashes in the Middle East.
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Iran-allied Houthi militants in Yemen have escalated strikes on Saudi Arabia this week.
Developing story — details emerging. Check the source link for the latest updates.
Marvell is best known for making custom chips — but an analyst notes there’s arguably more potential in supporting components and optical networking.