New Delhi [India], September 8 (ANI): Buying crude oil with a discount from Russia is a very wise decision, and Prime Minister Narendra Modi's government has shown a lot of agility and smartness to not letting its energy prices go out of control by buying oil from Russia at discounted rates,
New Delhi [India], September 8 (ANI): The share of Russian oil in India's overall oil import basket increased from 2 per cent to 13 per cent in a couple of months after the beginning of the Russia-Ukraine war, which led to a spike in energy prices globally, Union Finance Minister Nirmala
Tokyo [Japan], September 8 (ANI): As the Chinese economy is in the grip of a zero-COVID policy, the administration of President Xi Jinping is rushing to secure stable supplies of resources by increasing purchases of Russian oil.
Berlin [Germany], September 3 (ANI): European Council President Charles Michel on Friday called on the European Commission to accelerate the process of preparing proposals on tackling skyrocketing energy prices in Europe.
Washington [US], September 3 (ANI/Sputnik): The decision of the G7 to impose a price cap on Russian oil will worsen the situation in global energy markets and backfire on the countries themselves, Washington-based Eurasia Center Executive Vice President Earl Rasmussen told Sputnik.
Berlin [Germany], September 2 (ANI): The Group of Seven (G7) nations have promised to move towards a price cap on Russian oil, saying it would hamper the country's war efforts in Ukraine and speed up the deterioration of its economy.
London [UK], September 1 (ANI/Sputnik): The United Kingdom is actively trying to push for a price cap on Russian oil and hopes that G7 finance ministers will back robust implementation of the measure, the Chancellor of the Exchequer, Nadhim Zahawi, said on Thursday.
Kabul [Afghanistan], August 27 (ANI): As the world witnesses a catastrophic energy crisis with the ongoing war in Ukraine, Talibani officials said that they are close to striking a deal with Moscow over the import of Russian oil and gas, media reports said.
Beijing [China], August 21 (ANI): Russia is China's top oil supplier for a third month in July, media reports said citing data released by the Chinese General Administration of Customs on Saturday.
Islamabad [Pakistan], August 15 (ANI): Imran Khan, the former prime minister of Pakistan, has once again praised India for its independent foreign policy, as the leader slammed the West for being critical of India for buying Russian oil despite the threat of sanctions amid Ukraine war.
Islamabad [Pakistan], August 14 (ANI): Former Pakistani Prime Minister Imran Khan has once again commended India for its independent foreign policy as he slammed the West for being critical of India for buying Russian oil.
Washington [US], July 1 (ANI/Sputnik): The United States on Friday allowed a halted oil tanker transporting fuel products from Russia to unload its cargo in a Louisiana port after finding no evidence of sanctions violations, The Wall Street Journal reported on Friday.