Speaking at ThePrint’s 'Off the Cuff', Alipov said there is enough interest to purchase discounted Russian oil despite latest US sanctions on Russian oil firms Rosneft and Lukoil.
At East Asia Summit, external affairs minister hinted at UK, US and EU sanctions on Russian oil giants Rosneft and Lukoil, saying ‘what is preached is not necessarily practised’.
Ever since sanctions were imposed on Russia, India hasn’t been able to use US dollar to pay for oil. It is said to be looking at using dirhams & rupee, both of which have limitations.
Mumbai-based Tibalaji Petrochem Pvt. Ltd. sanctioned for importing 'millions of dollars' worth' of petrochemical products from Iran and exporting them to China.
Iranian President Ebrahim Raisi and PM Modi to hold bilateral meeting on sidelines of SCO Summit in which Iran will likely raise issue of India buying Russian oil despite sanctions.
Like many, India will be anxiously watching the US-Saudi Arabia summit in Jeddah—knowing its fate is tied to the decisions King Salman and Joe Biden make.
Sanctions on energy imports from Russia could have complicated effects on oil & gas supply chains globally, and in Europe, living standards and economic activity could be impacted.
The US and its allies are trying to keep Iran in check, and has tried to pressure Saudi Arabia to de-escalate, whereas Iran is pushing the Houthis to dig in.
The Economic Survey 2025-26 is not a celebration of success, but a measured warning that the traditional paradigms of global economic growth are no longer applicable.
The IT services sector contributed more than half of India’s Gross Value Added, serving as a major driver of exports and employment, the Economic Survey 2025-26 has found.
Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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