Jaishankar makes it clear in meeting with Poland's Radosław Sikorski that India’s issue was not just with US tariffs, but also actions taken by EU to curb purchases of Russian oil.
Republican Senator Lindsey Graham says bill will be 'well-timed, as Ukraine is making concessions for peace and Putin is all talk, continuing to kill the innocent'.
December oil imports from Russia may drop nearly 50%, but Indian buyers already shifting to non-designated Russian entities and opaque trading channels to keep Russian oil flowing.
Ahead of the Russian President's visit and the Annual India-Russia Summit, Russian spokesperson says they are finding ways to not let US sanctions affect volume of oil trade with India.
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.
UCBs accounted for 1.8% of total industry credit in September 2025—down from 2.2% five yrs ago—showing that they are losing ground to faster PSU banks.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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