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After Trump’s sanction waiver, Reliance Industries procures 5 million barrels of Iran crude oil: Report

Last Friday, the Donald Trump administration granted a 30-day waiver on sanctions for Iranian oil already in transit. (AI image) With the US waiving sanctions on Iran oil, Reliance Industries has reportedly bought 5 million barrels of Iranian crude. Reliance runs the world’s largest refining complex. The effective closure of the Strait of Hormuz has…

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P Chidambaram: Trouble for P Chidambaram: ED places prosecution sanction order against ex-Union minister in Aircel-Maxis deal, INX media case | India News

NEW DELHI: The Directorate of Enforcement (ED) has filed a prosecution sanction order against former Union Finance Minister P Chidambaram in connection with the alleged money laundering offence in the Aircel-Maxis deal, placing the order before the Special Court under the Prevention of Money Laundering Act (PMLA) at Rouse Avenue, New Delhi.In a post on…

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Trump’s sanction impact? Reliance announces halting Russian crude imports; effective December 1

Reliance Industries on Thursday announced that it stopped importing Russian oil for processing at its export-only refinery from November 20. The company, according to PTI, said that from December 1, all exports from its only-for-exports facility will be produced exclusively from non-Russian oil.This is a developing story. Source link

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Trump sanction fallout: HMEL halts Russian oil imports after new US curbs; denies blacklisted ship-use reports

HMEL, a joint venture between Lakshmi Mittal and Hindustan Petroleum Corporation Ltd (HPCL), announced on Wednesday that it has suspended imports of Russian crude oil following new Western restrictions on Moscow’s energy trade. In a statement, the Bathinda-based refinery said the suspension would remain in place “pending receipt of any outstanding orders” and cited “new…

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‘Act of war’: How Russia reacted to Trump’s sanction fury; accuses US of ‘abandoning diplomacy’

(AI image generated using ChatGPT) Russia has reacted furiously to US President Donald Trump’s sweeping new sanctions on its oil sector, with former President Dmitry Medvedev calling the move “an act of war” and accusing Washington of abandoning diplomacy.In a post on Telegram, Medvedev denounced Trump’s decision to sanction Russia’s two biggest oil companies, Rosneft…

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‘Bigger picture was lost’: Former NSA Bolton slams Trump’s tariffs on India; ‘didn’t sanction Russia, China but India’

US President Donald Trump’s former national security advisor John Bolton has sharply criticised his decision to impose additional tariffs on India for purchasing Russian oil.Bolton said, “Trump wanted to do was talk about trade. The bigger strategic picture was lost.”“I think he’s just done it again by sanctioning India for purchasing Russian oil and gas,”…

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‘Just say when’: Trump pleads Nato nations to sanction Russia; questions bloc’s will

US President Donald Trump on Saturday said he was willing to impose tough sanctions on Russia, but only if all Nato allies also commit to halting Russian oil imports and implementing similar measures.A day after the Kremlin said that peace talks with Ukraine are on hold, Trump criticised some Nato countries for continuing energy purchases…

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‘Just say when’: Trump pleads Nato nations to sanction Russia; questions bloc’s will

US President Donald Trump on Saturday said he was willing to impose tough sanctions on Russia, but only if all Nato allies also commit to halting Russian oil imports and implementing similar measures.A day after the Kremlin said that peace talks with Ukraine are on hold, Trump criticised some Nato countries for continuing energy purchases…

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