International

Macron Threatens More Sanctions on Russia if Diplomacy Fails

By BPN News Desk August 19, 2025

French President Emmanuel Macron warned that if diplomatic efforts toward peace fail, France and its allies should be prepared to escalate sanctions against Russia. Speaking after White House discussions with U.S. President Donald Trump and European leaders, Macron emphasized that while there still may be hope for a negotiated settlement, Russia must move forward—or face

Business

Nayara Shifts Fuel Transfers Offshore to Maintain Exports

By BPN News Desk August 15, 2025

Faced with European Union sanctions, Nayara Energy has turned to offshore fuel transfers—shifting shipments mid-sea between tankers—to keep exports moving despite restrictions on shipping services. Sanctions Disrupt Supply Chains EU sanctions introduced in July targeted Nayara’s Vadinar refinery, curbing its ability to export refined products due to reduced access to

International

India Sends First Diesel Shipment to China Since 2021

By BPN News Desk August 13, 2025

A tanker loaded with nearly 496,000 barrels of ultra-low sulfur diesel sailed from the Vadinar refinery in India on July 18, destined for China. This marks the first such export to China since 2021, following a long lull in diesel shipments to that market. Sanctions Upending Trade The departure came just hours before the European […]

Business

SBI Suspends Overseas Dealings with Nayara Energy

By BPN News Desk August 12, 2025

The State Bank of India (SBI) has suspended all international trade and foreign currency transactions for Nayara Energy, citing concerns over potential exposure to U.S. tariffs and European Union sanctions linked to the company’s partial Russian ownership. Compliance Over Commercial Considerations The decision, taken as a precautionary compliance measure, reflects growing

International

U.S. Blocks Afghan FM Visit to Pakistan Over Travel Ban

By BPN News Desk August 10, 2025

The United States has reportedly stopped Afghanistan’s Foreign Minister, Amir Khan Muttaqi, from travelling to Pakistan in August by refusing a travel exemption. Muttaqi is subject to international travel restrictions due to his role in the Taliban leadership. The decision blocked a planned diplomatic visit aimed at improving ties between Kabul and Islamabad. Concerns Over

International

Trump Warns Pharma Firms to Cut Drug Prices or Face Action

By BPN News Desk August 1, 2025

U.S. President Donald Trump has issued formal public letters to 17 major pharmaceutical companies demanding that they reduce prescription drug prices in the United States within 60 days. He warned of serious consequences if the companies fail to comply by September 29. Trump’s Five Demands to Pharma In the letters, Trump laid out five specific […]

International

Trump Warns Russia of New Sanctions Over Ukraine War

By BPN News Desk August 1, 2025

U.S. President Donald Trump has issued a strong warning to Russia, calling its actions in Ukraine “disgusting” and threatening new sanctions if Moscow fails to agree to a ceasefire by August 8. Ten-Day Deadline for Ceasefire Trump announced that Russia has ten days to halt its military operations and agree to a ceasefire with Ukraine. […]

International

US Sanctions Six Indian Firms Over Iran Oil Trade

By BPN News Desk July 31, 2025

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 […]

International

Trump Gives Putin 10-12 Days to Strike Ukraine Deal

By BPN News Desk July 29, 2025

U.S. President Donald Trump has given Russian President Vladimir Putin a 10 to 12-day window to agree to a peace deal in Ukraine or face fresh sanctions. Speaking after a meeting with UK Prime Minister Keir Starmer in Scotland on July 28, Trump said the earlier 50-day deadline is no longer valid, citing a lack […]

International

Iran Holds Nuclear Talks with UK, France and Germany

By BPN News Desk July 26, 2025

Iran held high-level nuclear discussions with the United Kingdom, France, and Germany on July 25 in Istanbul, marking the first face-to-face talks since recent military strikes targeted Iranian nuclear sites. The meeting was aimed at avoiding the reimposition of United Nations sanctions and finding a way forward for the stalled nuclear negotiations. Focus on Avoiding […]