The tanker filled with Russian crude is now idling in the Baltic Sea, a sign of potential disruption in oil trade after US tightened sanctions on Moscow.
Sanctions announced by London Wednesday take aim at Rosneft and Lukoil, two of the largest Russian oil and gas companies. Nayara, an Indian company, is partly owned by Rosneft.
Trump’s USD 100,000 H-1B thunderclap & its impact on India keep getting global media attention. ‘Could accelerate shift by multinationals to expand operations in India’.
European Commission Vice President Kallas said New Delhi’s purchase of crude from Moscow & participation in the Russia-Belarus military exercise are 'obstacles' to EU-India cooperation.
This follows Peter Navarro's comment that India is 'a global clearing house for Russian crude' & that the proceeds flow to India's politically connected energy titans & into Putin’s war chest.
Comments by Russian diplomat in Delhi, Roman Babushkin, come amid renewed interest in the trilateral format, with India-US ties in a rough patch. EAM Jaishankar is currently in Moscow.
Roman Babushkin said Moscow has 'special mechanism' to continue oil supplies to India, slashing fears about negative impact on crude trade post Putin-Modi meeting in Alaska.
Washington Post underlines West’s ‘frustrations’ over failure to ‘cripple’ Russia’s economy & The Economist notes ‘shift’ in American foreign policy vis-à-vis India & Pakistan.
MEA highlights double standards imposed over trade with Russia and maintains that India will take all necessary measures to protect its economic interests.
Trump’s tariff move comes just two days before the 1 August US deadline, dashing hopes of an interim India-US trade deal that could’ve helped avert higher tariffs.
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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