Russia Sanctions Could Affect India
Digest more
India used the air base at Ayni in Tajikistan during a 2001 evacuation operation after the Taliban seized power in Afghanistan.
2don MSN
How hard will Trump’s ‘tremendous’ Russian oil sanctions hit Moscow? China and India may decide
The impact of President Donald Trump’s attempt to financially choke Moscow’s war machine by imposing sanctions on Russian oil firms was instant; not on the battlefield in Ukraine, but in the offices of oil traders in India and China,
US President Donald Trump again claimed India is being "very good" on reducing Russian oil imports, while the Ministry of External Affairs (MEA) confirmed that New Delhi's import policy is driven by the consistent priority to safeguard Indian consumer interests,
Many Indian refiners have paused new orders for Russian oil since U.S. sanctions last week on Moscow's top two crude exporters as they await clarity from the government and suppliers, with some turning to the spot market for alternatives,
Still, India maintains close ties with Russia, and is its partner in BRICS, SCO and the G20. New Delhi views this as a strategic step to curb Chinese dominance within these groupings, and endeavors to keep its own interests on Moscow’s radar.
Joint venture of state-run Hindustan Petroleum Corporation Ltd, Mittal group suspend 'further purchases' due to recent announcements of new restrictions - Anadolu Ajansı
U.S. and EU sanctions on Russia's top oil producers have heaped pressure on India's refiners, especially Reliance Industries. The golden run of discounted Russian barrels that boosted their profits and margins may be coming to an end.
14don MSN
Trump claims India will stop buying Russian oil, escalating pressure on Moscow over Ukraine war
President Donald Trump says Indian Prime Minister Narendra Modi has personally assured him that India will stop buying Russian oil
While Trump acknowledged that China buys "a lot" of Russian oil, he added that the topic was not really discussed.
Top officials of Indian and Russian militaries in a meeting here reaffirmed their commitment to elevate the bilateral defence cooperation and mulling new avenues for collaboration and knowledge sharing.