International

US Sanctions Six Indian Firms Over Iran Oil Trade

By BPN News Desk
The United States has imposed sanctions on six Indian companies for allegedly engaging in the trade of Iranian oil and petrochemical products. The move, announced on July 31, is part of Washington’s broader strategy to enforce sanctions on Iran’s energy exports. $220 Million in Transactions Identified According to U.S. authorities, the firms were involved in […]
Image Credit: X account @WhiteHouse
International

US, Pakistan Strike Trade Deal on Oil Reserves

By BPN News Desk
U.S. President Donald Trump announced a new trade deal with Pakistan on July 30, 2025, focused on developing Pakistan’s oil reserves. The agreement includes collaboration with an American firm that will help explore and manage untapped energy assets in Pakistan. Trump also suggested that oil produced under this project could be exported to neighboring countries, […]
International

US Senator Threatens Tariffs Over Russian Oil

By BPN News Desk
United States Senator Lindsey Graham has issued a strong warning to countries buying discounted Russian oil, specifically naming India, China, and Brazil. He threatened to impose 100% tariffs on imports from these nations, accusing them of helping fund Russia’s war efforts by purchasing crude oil at below-market prices. “We’ll Crush Your Economy,” Says Graham Speaking […]
National

India Can Secure Oil Even if Russian Imports Halted

By BPN News Desk
Union Petroleum Minister Hardeep Singh Puri has asserted that India is fully capable of meeting its energy needs even if Russian oil imports are cut off due to possible Western sanctions. Addressing concerns raised over potential secondary sanctions, Puri said India has prepared well by building a diverse and flexible sourcing strategy. Supply Diversification at […]
International

NATO chief warns India, China, Brazil on sanctions

By BPN News Desk
NATO Secretary-General Mark Rutte has issued a sharp warning to India, China, and Brazil, stating that they could face up to 100% secondary sanctions if they continue their trade relationship with Russia. The message was delivered during his visit to Washington, where he met US senators and discussed coordinated pressure tactics to isolate Russia economically […]

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