US President Donald Trump has criticised European nations for buying oil from Russia amidst Moscow’s war against Ukraine. “Europe is buying oil from Russia. I don’t want them to buy oil… and the sanctions that they’re putting on are not tough enough,” said the 47th American president, stating that he is ready to impose fresh…
India is set to benefit from an increased discount on Russian crude, which has risen to $3–4 per barrel–up from $2.5, and just $1 in July, according to Zee Business research. Crude for September–October is expected to be even cheaper, offering significant cost advantages to Indian refiners. The move comes as India strengthens its position…
American economist Richard Wolff has warned that the United States is acting like the ‘world’s tough guy’ against India, but is only shooting itself in the foot by pushing the BRICS nations to emerge as an economic alternative to the West. “India is now, according to the United Nations, the largest country on earth. The…
Lauding ties between India and Russia, Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal on Friday stated that the two nations have a “steady and time-tested partnership.” While addressing a weekly media briefing in New Delhi, Jaiswal noted that India’s ties with any nation stands on their own merit and should not be seen through…