National

Reliance Vows To Comply With Western Russia-Oil Sanctions

By BPN News Desk October 25, 2025

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.

International

North Korea Vows Stronger Ties With Russia

By BPN News Desk October 24, 2025

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 […]

International

Putin Denounces U.S. Sanctions on Russian Oil Majors

By BPN News Desk October 24, 2025

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 […]

Business

Reliance To Realign Russian Oil Imports With India’s Guidelines

By BPN News Desk October 23, 2025

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 […]

International

Russia Condemns EU Sanctions as “Counterproductive”

By BPN News Desk October 23, 2025

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

International

Trump Says India Will Sharply Cut Russian Oil Imports

By BPN News Desk October 23, 2025

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 […]

International

Russia, US Officials Hold “Constructive” Call Ahead Of Summit

By BPN News Desk October 21, 2025

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 […]

Op-Eds Opinion

A Barrel from Guyana, a Message to Washington

By BPN News Desk October 17, 2025

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 […]

International

Moscow Says Oil Trade Benefits Indian Economy

By BPN News Desk October 16, 2025

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

Russia rebuffs Trump’s claim of economic collapse

By BPN News Desk October 16, 2025

Russia rejected U.S. President Donald Trump’s warning that its economy was close to collapse, calling his assertions unfounded. Trump’s claim of fuel shortages During a Washington speech, Trump had said Russia was suffering from “long lines waiting for gasoline” and predicted its economy would collapse. In response, Deputy Prime Minister Alexander Novak said that domestic