On 24 February 2022, Russia invaded Ukraine, starting the largest and deadliest war in Europe since World War II. It is a major escalation of the war between the two countries that began when Russia attacked Ukraine in 2014.
The United States of America has had to intervene with several cou
The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.
Ukrainian President Zelenskyy said Russia launched over 450 drones and 45 missiles, hitting multiple regions including Dnipro, Kharkiv, Kyiv, and Odesa. At least one person was killed and several injured. He urged stronger international sanctions on Russia, targeting energy, military, and
Addressing the weekly media briefing, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said India's position on energy sourcing remains unchanged and guided by national interests.
When asked about the Russian President criticising the sanctions, President Trump told presspersons in the White House, "I am glad he feels that way. I'll let you know about it in six months from now. Let's see how it all works out."
The imposition of new sanctions on Russian oil companies by the United States was "appropriate and necessary", a sign of the frustration over the slow progress being made on a potential Russia-Ukraine peace deal, White House Press Secretary Karoline Leavitt said on Thursday (local time).<
Following the peace deal in the Middle East and the end of the Israel-Palestine war, Leavitt expressed confidence in the newly imposed "hefty" sanctions on Russian oil companies, repeating the claim that India, along with other countries, will scale back oil purchases from the country.
Speaking to reporters, Putin mocked the EU's decision, warning that such measures would "cost them dearly." He added, "They will need Russian toilets if they continue to behave this way."
The US Department of the Treasury on Wednesday (local time) imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine.
Ukrainian President Volodymyr Zelenskyy will meet US President Donald Trump at the UN General Assembly to push for stronger sanctions on Russia, Al Jazeera reported.
The sanctions come days after United States President Donald Trump urged NATO nations to halt oil purchases from Moscow and impose penalties on countries continuing energy trade with Russia.
US President Donald Trump has called on NATO allies to impose major sanctions on Russia and stop buying Russian oil to end the war in Ukraine, adding that he proposed to impose tariffs of 50 per cent to 100 per cent on China to weaken its economic grip on Russia.