International
New Delhi on Thursday rejected US President Donald Trump’s assertion that he had spoken by phone with Prime Minister Narendra Modi, during which Modi promised India would halt Russian oil imports. The External Affairs Ministry stated no such call took place. Trump’s original assertions Trump had claimed Modi assured him the halt would be a […]
International
Following U.S. President Donald Trump’s statement that Prime Minister Modi had assured him India would stop buying Russian oil, Russia’s ambassador to India, Denis Alipov, responded by saying Moscow does not meddle in other nations’ energy policies. Oil supplies and economic benefits Alipov asserted that Russian oil shipments are “very beneficial” to the Indian economy.
International
Oil prices ended another volatile week, heading for their steepest weekly fall in about three and a half months. The Brent crude benchmark fell close to 8 %, while U.S. WTI crude dropped around 7.3 %. Factors Driving the Slide The sharp decline has been fueled by growing expectations that OPEC+ will further boost production […]