External Affairs Minister Jaishankar said earlier this month that India was 'pressured' to not buy crude oil from Russia in light of sanctions imposed by US, EU.
At an event in New Delhi, US treasury official Anna Morris says Washington has not asked India to reduce its purchase of Russian crude. India was top buyer of Russian oil in 2023.
Russian FM also praises Islamabad's cooperation with Moscow in international fora such as UN & SCO. Pakistan is a key partner for combating trans-border crime & terrorism, he adds.
Any mechanism to stem the flow of Russian oil would need to be implemented by the national authorities, Josep Borrell said in an interview with the Financial Times.
Announcement by oil-producing cartel Sunday sent global markets into flux, with crude prices surging high. Experts say India will only feel effects in medium to long term.
Pakistan Finance Minister Ishaq Dar had earlier said that Islamabad wanted to have the crude oil deal with Moscow on terms similar to those agreed for New Delhi.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Troops patrolled up to Patrolling Point (PP) 10 on Monday. Though there are PP 10, 11, 12, 12A & 13 in Depsang Plains, it was decided that only one or two PPs would be patrolled.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
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