No issue as long as price cap is respected, says German envoy. In contrast, EU foreign policy chief has called for crackdown on import of fuels from India, citing use of Russian oil.
A dozen protesters chanted, 'keep your promise, no new drilling' for several minutes, preventing Ali Zaidi, White House climate adviser, from delivering his address.
US Treasury Secretary Janet Yellen said India can buy Russian oil, even outside G7-imposed price cap mechanism, if it steers clear of Western insurance, finance & maritime services.
Responding to question by CNN, the Union Petroleum Minister also defended India's Russian oil purchases stating that India buys in a quarter what Europe buys in one afternoon.
Russia's share of India's oil imports surged to an all-time high of 23% from 19% the previous month while that of the Middle East declined to 56.4% from 59%, the data showed.
The leadership change announced in a royal decree Tuesday, keeps the ruler's other son, Prince Abdulaziz bin Salman as energy minister. Foriegn & Finance ministers have remained the same.
US has no moral rectitude to deliver ethical sermons. But regardless, India must take a holistic view in purchasing oil from Russia—it's not a rosy picture.
In principle, the deal couldn’t be easier. America needs Iran’s oil and gas to help wean the world off Russian hydrocarbons. Iran needs an end to sanctions that have hurt its economy.
Dice have been found dating to the Bronze Age in various Harappan sites in present-day northwest India and throughout Pakistan. And it’s very possible that some had female owners.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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