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.
Saudi Arabia is poised to raise its own output to meet all requests for oil purchases it has received from countries that have had to stop buying Iranian crude.
Like Turkey and Egypt, Pakistan is one of a handful of powers with the human resources and infrastructure to help secure the Persian Gulf as Trump’s America draws down its military presence.
ACM Katre was 2nd IAF chief to die in harness. It was at a memorial lecture in his honour where IAF chief AP Singh revealed that India shot down 6 Pakistani aircraft in Op Sindoor.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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