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‘If they put sanctions on China …’: Trump asked about UK PM & Russian oil; terms tariffs on India a ‘big step’

US President Donald Trump Donald Trump has again pushed his tariff strategy against China, saying Europe could end the Ukraine war if it imposed sanctions on Beijing. He asserted that China is “the biggest buyer of Russian oil by far.“In an interview with Fox News, when asked, “Did you tell UK PM Starmer that Europe…

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In another blow to India, US revokes sanctions waiver on Iran’s Chabahar port — given during Trump’s first term

TOI Correspondent from Washington: The Trump administration has dealt another devastating blow to New Delhi by revoking sanctions exemptions for Chabahar port in Iran even as the two sides (US and India) are trying to overcome differences on trade issues. India has been using the Shahid Beheshti terminal at Charbahar since 2018 as part of…

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Chabahar Port in Iran faces uncertainty: US revokes sanctions exemption; what it means for India

India’s strategic gateway to Afghanistan and Central Asia, the Chabahar Port in Iran, faces mounting challenges as the United States revoked sanctions exemptions previously granted under the Iran Freedom and Counter-Proliferation Act (IFCA). The move, effective September 29, risks exposing Indian operators at the port to US penalties and raises serious questions about the future…

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Sanctions bite: Nayara Energy struggles with non-Russian crude for 2nd consecutive month; western shippers refuse cargoes

Nayara Energy, India’s second-largest private oil refiner, is facing a second consecutive month of difficulty in securing non-Russian crude supplies as western shipping companies continue to refuse transportation of cargoes, according to ship tracking data cited by news agency PTI.Part-owned by Russia’s Rosneft PJSC, which holds a 49.13 per cent stake, Nayara has reduced operations…

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