International

Russia, China Oppose Discriminatory Sanctions

By BPN News Desk August 30, 2025

On the eve of his four-day visit to China, Russian President Vladimir Putin denounced Western trade sanctions as “discriminatory.” He said Russia and China are united in opposing restrictions that hinder global socioeconomic development. His remarks came in an interview with China’s Xinhua news agency ahead of his attendance at the Shanghai Cooperation

International

U.S. Senator Lindsey Graham Warns India Over Russian Oil Purchases

By BPN News Desk August 29, 2025

U.S. Senator Lindsey Graham sharply criticized countries buying Russian oil—specifically naming India—warning that these purchases are funding Moscow’s war in Ukraine. He asked pointedly how leaders feel knowing that such transactions are contributing to civilian casualties, including children. Link To War Effort Emphasized Graham stressed that revenue generated from these

International

Trump Warns Putin Over Ceasefire

By BPN News Desk August 27, 2025

U.S. President Donald Trump warned Russian President Vladimir Putin that the United States is prepared to launch an “economic war” if Moscow refuses to agree to a ceasefire in Ukraine. Trump made it clear that Washington will rely on sanctions and financial pressure rather than direct military action, saying, “we’re not going to get into […]

International

Iran Meets European Powers in Geneva Amid Sanctions Threat

By BPN News Desk August 26, 2025

Senior officials from Iran and the European powers—France, Britain, and Germany (E3)—met in Geneva for urgent talks as the threat of renewed sanctions looms. The discussions focus on whether Iran will allow international nuclear inspections and resume dialogue or face a “snapback” of United Nations sanctions linked to the 2015 nuclear deal. The mechanism expires […]

International

Dutch Foreign Minister Quits Over Israel Sanctions Deadlock

By BPN News Desk August 23, 2025

Dutch Foreign Minister Caspar Veldkamp resigned on August 22, 2025, after the caretaker cabinet failed to reach an agreement on imposing sanctions against Israel. Veldkamp said he could not continue without delivering “meaningful additional measures” in response to the worsening humanitarian crisis in Gaza. NSC Ministers Step Down Following Veldkamp’s resignation, other

International

Trump Warns Russia of Sanctions If Ukraine Talks Fail

By BPN News Desk August 23, 2025

U.S. President Donald Trump has warned Russia that “massive” sanctions or tariffs will be imposed if no progress is made on Ukraine peace talks within the next two weeks. Speaking after a series of high-level meetings, Trump said the coming days will determine “which way it’s going” for the conflict. Frustration After Alaska Summit The […]

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