A special envoy of Russian President Vladimir Putin has said that Russia, the United States and Ukraine are moving closer to a diplomatic settlement of the ongoing conflict, though no concrete terms have been disclosed. The envoy, Kirill Dmitriev, Russia’s special representative for investment
In a Sunday statement, Indian energy giant Reliance Industries Ltd confirmed that it will abide by sanctions imposed by the United States, United Kingdom and European Union on Russia, while continuing its existing supplier relationships. The company said its well-established and diversified crude-oil procurement strategy will ensure refinery operations remain stable.
North Korean leader Kim Jong Un has declared that his country’s military partnership with Russia will “advance non-stop,” reinforcing Pyongyang’s support for Moscow amid the ongoing war in Ukraine. Speech at Memorial Ceremony Kim made the remarks during a groundbreaking ceremony for a memorial honouring North Korean soldiers who fought alongside Russian forces in the […]
Russian President Vladimir Putin has sharply criticized the United States for imposing sanctions on Russia’s largest oil producers, Rosneft and Lukoil. He described the move as an “unfriendly act” that will have consequences but insisted that Russia will not bow to foreign pressure. Putin Says Russia Will Not Act Under Pressure Putin declared that “no […]
Reliance Industries Ltd. (RIL), India’s largest private refiner, has begun recalibrating its Russian crude oil imports to align with the Government of India’s latest guidelines. The decision follows new U.S. and European sanctions on major Russian oil companies. India’s Role In Russian Oil Trade India has been the biggest buyer of Russian seaborne crude this […]
Russia’s Foreign Ministry criticised the latest sanctions package imposed by the European Union (EU), labelling the measures “illegal” and claiming they will hurt Europe more than Russia itself. The ministry also threatened “a painful response” should any attempt be made to seize Russian assets frozen in European financial institutions. Key Issues Cited Moscow argued the
U.S. President Donald Trump said that India has assured him it will sharply reduce oil imports from Russia by the end of this year. He said this followed a phone call with Indian Prime Minister Narendra Modi and described the move as a “big thing.” India’s Position Indian officials have not confirmed the specific commitment cited […]
Russian Foreign Minister Sergei Lavrov and U.S. Secretary of State Marco Rubio held a phone call on Monday, which Moscow described as “constructive.” The discussion comes as both countries prepare for a planned summit between Presidents Vladimir Putin and Donald Trump in Budapest. Focus Of The Call According to Russia’s Foreign Ministry, the talks revolved […]
India’s oil refineries have just signed their first-ever contracts to buy crude oil from Guyana. On paper, it’s a modest deal — 4 million barrels split between Indian Oil Corporation and Hindustan Petroleum. In practice, it’s the diplomatic equivalent of a wink: a small gesture with a big message. And that message is aimed straight […]
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.















