30th July, 2022 Word Meanings & Extra News The Hindu

Word Meanings

Conduit: a channel for conveying water or other fluid.

Bullion: gold or silver considered as so much metal the bullion contained in a silver dollar specifically : uncoined gold or silver in bars or ingots over a million dollars in gold bullion

whistleblower, an individual who, without authorization, reveals private or classified information about an organization, usually related to wrongdoing or misconduct.

Vortex: a whirling mass of fluid or air, especially a whirlpool or whirlwind.

Skeletons tumbled out of the closet – To expose one’s deepest, darkest secrets

Extra for Understanding of The Hindu

  • The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental organization, created at the Baghdad Conference in 1960, by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela.
  • It aims to manage the supply of oil in an effort to set the price of oil in the world market, in order to avoid fluctuations that might affect the economies of both producing and purchasing countries.
  • It is headquartered in Vienna, Austria.
  • OPEC membership is open to any country that is a substantial exporter of oil and which shares the ideals of the organization.
  • Gabon terminated its membership in January 1995. However, it rejoined the Organization in July 2016.
  • As of 2019, OPEC has a total of 14 Member Countries viz. Iran, Iraq, Kuwait, United Arab Emirates(UAE), Saudi Arabia, Algeria, Libya, Nigeria, Gabon, Equatorial Guinea, Republic of Congo, Angola, Ecuador and Venezuela are members of OPEC

Manas National Park (ˈmʌnəs) is a national park, Project Tiger reserve, biosphere reserve and an elephant reserve in Assam, India.

Chabahar Port

  • It is located on the Gulf of Oman and is only 72 km away from the Gwadar port in Pakistan which has been developed by China.
  • The port serves as the only oceanic port of Iran and consists of two separate ports named Shahid Beheshti and Shahid Kalantari.]

Why Chabahar port is important for India?

  1. With this, India can bypass Pakistan in transporting goods to Afghanistan.
  2. It will also boost India’s access to Iran, the key gateway to the International North-South Transport Corridor that has sea, rail and road routes between India, Russia, Iran, Europe and Central Asia.
  3. It also helps India counter Chinese presence in the Arabian Sea which China is trying to ensure by helping Pakistan develop the Gwadar port. Gwadar port is less than 400 km from Chabahar by road and 100 km by sea.
  4. With Chabahar port being developed and operated by India, Iran also becomes a military ally to India. Chabahar could be used in case China decides to flex its navy muscles by stationing ships in Gwadar port to reckon its upper hand in the Indian Ocean, Persian Gulf and Middle East.
  5. Trade benefits: With Chabahar port becoming functional, there will be a significant boost in the import of iron ore, sugar and rice to India. The import cost of oil to India will also see a considerable decline. India has already increased its crude purchase from Iran since the West imposed ban on Iran was lifted.
  6. From a diplomatic perspective, Chabahar port could be used as a point from where humanitarian operations could be coordinated.
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