US President Donald Trump announced that China can resume oil purchases from Iran and expressed hope it buys more from the US. As he heads to the NATO summit, Trump carries a fragile Israel-Iran ceasefire he helped broker, urging both sides to uphold it despite fresh missile tensions.
Commenting on India's oil purchase strategies, Germany's Minister of State, Federal Foreign Affairs, Tobias Lindner, highlighted the shared interests between the two nations despite differing stances in the UN.
According to S&P Global Commodity Insights, Assistant Secretary of State for Energy Resources Geoffrey R. Pyatt revealed that discussions between US officials and India's Petroleum Minister Hardeep Singh Puri highlighted India's perspective on the matter during a recent online interactio
"India has to make its own choices about (Russian) oil purchases and we hope that we can continue to see that they purchase Russian oil at or below the price cap, as they have been," said Kirby.
Notably, India last year took over the UK to become the fifth largest economy in the world and is aiming to be the third largest economy in the world by 2037, while Pakistan's economy is running on financial assistance from the global community.
Dar, during his visit to the US last month, had a meeting with the officials of the US State Department in which the matter of oil purchase from Russia was discussed. Citing India's example, the Pakistani minister said that the ministry will try to purchase oil from Russia on similar terms.
Jaipur (Rajasthan) [India], October 14 (ANI): Days after stating that India will buy oil from wherever it has to, Union Minister of Petroleum Hardeep S Puri on Friday while reiterating that no other country's government is responsible to the Indian consumers said that India has no "compuncti
Washington [US], October 8 (ANI): India has reiterated its choice of importing oil from countries like Russia after OPEC Plus, a consortium of oil-producing nations led by Russia and Saudi Arabia announced a slash in oil production by two million barrels per day.
Vadodara (Gujarat) [India], October 1 (ANI): External Affairs Minister S Jaishankar on Saturday said that Prime Minister Narendra Modi did not yield to the pressure amid the soaring oil prices and advised that India must do what is best for the nation and if pressure comes then face it head
New Delhi [India], September 9 (ANI): The Group of Seven (G7) nations will soon convene and carve a price cap on Russian oil purchases, according to top US officials who said that India is going to benefit from the move even if it does not join the price cap mechanism directly.
Moscow [Russia], September 2 (ANI): Russia hailed India for thwarting any attempts by the Western nations to involve New Delhi in imposing sanctions on Russian energy purchases. This comes as External Affairs Minister S Jaishankar has struck back several times at the Western nations for the