Latest News, Updates & Breaking Headlines
Oil prices rose sharply on Wednesday, triggered by America’s fresh sanctions on Russian oil companies.Brent crude futures jumped $3.03, or 4.94%, to $64.35 a barrel, while US West Texas Intermediate (WTI) crude added $1.42, or 2.43%, to $59.92 after the settlement at 6 PM EDT (2200 GMT). Earlier, Brent had settled $1.27 higher at $62.59…
Vladimir Putin and Donald Trump (R) The United States announced to impose one of its largest-ever sanctions packages against Russia after Treasury Secretary Scott Bessent accused Vladimir Putin of failing to engage “honestly” in talks with President Donald Trump.“President Putin has not come to the table in an honest and forthright manner, as we’d hoped,”…
US President on Wednesday, once again, claimed that India would cut down Russian oil imports by the end of the year, noting that it was a gradual process. The statement came after the States sanctioned two major Russian oil companies demanding immediate ceasefire from Moscow. “India, as you know, has told me they are going…
The United States on Wednesday announced sanctions on two biggest Russian oil companies in a bid to pressurize Moscow to “immediately agree to ceasefire“.“Now is the time to stop the killing and for an immediate ceasefire. Given President Putin’s refusal to end this senseless war, Treasury is sanctioning Russia’s two largest oil companies that fund…
US President Donald Trump has again renewed pressure on India, warning that New Delhi could continue to face “massive tariffs” if it doesn’t stop importing oil from Russia. Speaking to reporters aboard Air Force One, Trump claimed Prime Minister Narendra Modi personally assured him that India would stop buying Russian crude.“I spoke with Prime Minister…
The European Union has agreed to phase out its remaining gas imports from Russia by the end of 2027, a move aimed at ending its long-standing energy dependence on Moscow.The decision was taken by EU energy ministers during a meeting in Luxembourg on Monday, who approved a plan by the European Commission to gradually eliminate…
PM Modi and US President Donald Trump (File photo) US President Donald Trump has once again turned up the heat on India, warning that New Delhi could face “massive” tariffs if it continues to buy Russian oil. Speaking to reporters, Trump again claimed that Prime Minister Narendra Modi personally assured him that India would stop…
Donald Trump has claimed assurance from PM Narendra Modi that India will stop buying Russian crude oil. Russia maintains its position as one of the world’s primary crude oil producers and exporters. While the Ministry of External Affairs has firmly denied knowledge of a call on this matter between the two leaders, it is important…
US President Donald Trump on Friday asserted that India will stop buying Russian oil, a claim that has since been refuted by New Delhi. Speaking at a joint press briefing with Ukrainian President Volodymyr Zelenskyy at the White House, Trump reiterated his stance on India’s energy imports, saying, “India won’t be buying Russian oil.”His statement…
In a notable shift, India’s crude oil imports from Russia have surged in the first half of October, reversing a three-month decline observed from July to September. This resurgence is attributed to Indian refineries operating at full capacity to meet the heightened demand during the festive season, as indicated by ship tracking data.Russian oil imports…
