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‘Restrictive measures’: Hit by US sanctions, Russia’s Lukoil to sell overseas assets; why was it targeted?

Russian petroleum giant Lukoil announced on Monday evening that it will divest its international operations following US sanctions imposed in connection with Moscow’s actions in Ukraine.“Owing to the introduction of restrictive measures against the company and its subsidiaries by some states, the company announces its intention to sell its international assets,” Lukoil said in a…

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Tariff war: Putin claims sanctions won’t impact Russia’s economy; Trump says ‘we’ll know in 6 months’

US President Donald Trump on Thursday responded to Russian President Vladimir Putin’s claim that US sanctions would not impact Russia’s economy. Trump said he was “glad” that Putin held such a view but suggested that the true effects would become clear over time. ‘Don’t Poke The Bear’: Putin FIRES At Trump’s Sanctions, EU Toilet Ban;…

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UK targets Russia’s oil chest: 90 new sanctions hit Rosneft, India’s Nayara Energy & more; move aims to choke Kremlin’s war funding

The United Kingdom on Wednesday announced 90 new sanctions targeting Russia’s oil sector and Indian petroleum firm Nayara Energy Limited, in a fresh bid to cut off Moscow’s wartime revenue streams.The UK’s foreign, commonwealth and development office (FCDO) said the coordinated action, taken jointly with the Treasury, was designed to “strike at the heart” of…

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‘I needed help’: Indian student joins Russia’s war to avoid jail in drug case; then surrenders to Ukraine

(Screengrab from video shared by Ukraine’s defence forces) A 22-year-old Indian national, who went to Russia to study, has been captured by Ukrainian forces after being forced into combat for the Russian army. Ukraine’s defence ministry shared on Telegram: “They took a 22-year-old… Indian prisoner! Majoti voluntarily told his story. He studied in Russia, but…

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Tariff war: India won’t allow its humiliation, says Russia’s Putin; warns US | India Business News

Putin slams US for pressuring India on Russian oil trade (Pic credit: AP) Russian President Vladimir Putin on Thursday warned the United States against pressuring India to stop buying Russian oil, saying New Delhi would never allow itself to be humiliated in front of anyone. Speaking at the Valdai Discussion Group in the Black Sea…

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Moldova elections: Zelenskyy hails Maia Sandu’s victory; calls out Russia’s ‘destabilising activity’

Ukraine president Volodymyr Zelenskyy hailed victory of pro-European Union party in Moldova’s election, claiming that Russian “destabilising activity” failed to failed to upend the results.In a social media post on X, Zelenskyy said that Russia’s subversion and the constant disinformation did not work in the elections and Moldova defended itself from the threats. ‘French Spies…’:…

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‘India chooses its own partners’: Russia’s Lavrov on Moscow–New Delhi ties; partnership ‘not under threat’

NEW DELHI: Russian foreign minister Sergey Lavrov on Saturday said the India–Russia relationship remains steady despite Washington’s tariffs and political pressure, adding that New Delhi has made clear it will not be dictated to on foreign partnerships.Lavrov, who was responding to questions on the sidelines of an event, pointed to the resilience of bilateral ties…

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Record cargoes: Russia’s crude exports climb to 16-month highs; refineries scale back due to Ukraine attacks

JPMorgan Chase & Co. estimates indicate that Russian refining operations have declined to under 5 million barrels daily. (AI image) Russia’s crude oil exports have climbed to a 16-month high at a time when its own refineries are reeling under drone attacks from Ukraine. Vessel-tracking data compiled by Bloomberg shows that the four-week average exports…

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Ukraine war: Kyiv strikes Russia’s Samara region after Moscow’s overnight attack; 4 killed

At least 4 people died in Russia’s southwestern Samara region after a Ukrainian drone attack on Saturday, the local Governor announced on Saturday. Kyiv said Ukraine had been targeted with hundreds of Russian drones overnight. “It is with deep sorrow that I report that four people were killed in an enemy drone attack last night,”…

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