Russian oil exports saw a steep decline in November as buyers grew increasingly cautious over the risks linked to more stringent US sanctions, the International Energy Agency (IEA) said in its latest report.
Former Pentagon official Michael Rubin said that Russian President Vladimir Putin's visit to India is seen as US President Trump's "gross incompetence" by the majority of the US people, who dislike Trump, which he claimed is around 65 per cent according to recent polls.
Kremlin spokesman Dmitry Peskov said Russia understands US pressure on India over Russian oil but will not interfere in India-US ties. The statement comes ahead of President Vladimir Putin's 2025 India visit, where defence, energy, trade, and the Russia-Ukraine conflict are expected to be
Ukrainian underwater drones have struck two tankers belonging to Russia's so-called shadow fleet in the Black Sea, a Ukrainian security official has confirmed -- marking the latest escalation in Kyiv's campaign to disrupt Moscow's oil exports
Australian High Commissioner to India Philip Green on Friday welcomed Reliance Industries' decision to supply Australia only with oil that is free of Russian content.
Ukraine hit a major oil terminal in the Russian port city of Novorossiysk overnight, sparking a fire and damaging key infrastructure, even as deadly Russian strikes rained down on Kyiv
Speaking to reporters on Thursday, the official confirmed that Washington is pursuing a reciprocal trade agreement with New Delhi whilst simultaneously addressing concerns over India's purchases of Russian oil.
British firms have continued to provide maritime and insurance services for tankers carrying Russian LNG nearly four years after Russian President Vladimir Putin invaded Ukraine.
India must urge the United States to withdraw the 25 per cent "Russian oil" tariffs before proceeding with any trade agreement, stated a report by the Global Trade Research Initiative (GTRI).
Asked about a report published in local Indian media about Russia and India's preparations to sign a labour mobility agreement to be signed at the December summit, the Kremlin spokesperson said, "... let's not get ahead of ourselves. We will announce all the agreements that are planned to be
Speaking at a joint meeting with Hungarian Prime Minister Viktor Orban, Trump said the US is "looking at" Orban's request for an exemption from the Russian oil sanctions imposed last month.