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New record! China laps up discounted Russian crude as India reduces purchases; threat of US strikes on Iran adds to jitters

Shipments of Russian oil to China are projected at about 2.07 million barrels per day for February delivery. (AI image) Even as US President Donald Trump wants the world to stop buying crude oil from Russia, China’s purchases of Russian crude are set to hit a new record in February. China’s procurement of Russian crude…

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‘Got India’s commitment to stop buying Russian oil,’ claims Marco Rubio at Munich conference; Jaishankar reiterates ‘strategic autonomy’

File photo: US secretary of state Marco Rubio and EAM S Jaishankar (Picture credit: AP, ANI) US secretary of state Marco Rubio on Saturday said Washington has secured a commitment from India to stop buying additional Russian oil, even as the United States continues to tighten sanctions on Moscow over the Ukraine war.Speaking at the…

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DAC allows acquisition of Rafale’s SCALP, Russian S400 missiles used in Operation Sindoor

NEW DELHI: The Defence Acquisition Council (DAC) has given approval to the purchase of long-range SCALP missiles for Rafale jets and additional missiles for Russia-made S400 aerial shield system, a govt source told TOI.A day after the DAC’s approval for purchase of 114 Rafale jets, defence secretary Rajesh Kumar Singh said on Friday that this…

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Reliance bags US licence to buy Venezuela oil; may help replace Russian crude: Report

Issuing such approval to Reliance may accelerate Venezuela’s crude shipments. (AI image) Reliance Industries (RIL) has been granted a general licence by the Donald Trump administration that will allow the company to crude oil directly from Venezuela without breaching any existing sanctions, a Reuters report has said.According to the report, this general licence permits the…

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‘Except Trump, no one said India will stop buying Russian oil’: Moscow rejects US claim

Russian foreign minister Sergei Lavrov on Wednesday said that only US President Donald Trump has claimed that India will stop buying Russian oil, adding that Moscow has not heard any such confirmation from New Delhi.Responding to a lawmaker in the State Duma, Lavrov said, “You mentioned that Donald Trump announced India’s agreement to no longer…

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Trump executive order: Will India’s imports of Russian crude oil drop significantly? ‘Will maintain multiple…’

Before the start of the Russia-Ukraine conflict in early 2022, India bought very little of Russian oil. (AI image) With US President Donald Trump signing an executive order removing the 25% penal tariffs on India, contingent on New Delhi stopping imports of Russian crude, reports suggest that the oil procurement from Russia may come down…

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Nayara’s future unsure: India may bargain with US for Russian crude | India News

NEW DELHI: US President Donald Trump’s threat to bring back the 25% “penalty” if India does not stop buying Russian crude has deepened the question mark on the operations of Nayara refinery in Jamnagar. The crisis facing the refinery has triggered talks about change of ownership. While the refinery, under normal circumstances, would qualify to…

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Was Jeffrey Epstein trying to cozy up to Russian President Putin? What files reveal

Jeffrey Epstein repeatedly sought to build links with Russia’s top leadership, including President Vladimir Putin, though there is no evidence he ever succeeded, newly released US Justice Department documents suggest.One of the clearest examples dates to June 2018, a year after the sudden death of Russia’s former ambassador to the United Nations, Vitaly Churkin. Epstein…

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