25 h. ago Trump calls on all NATO countries to stop buying Russian oil, threatens tariffs on China

Trump posted on his social media site that NATO’S commitment to winning the war "has been far less than 100%"

Economics

27 h. ago Trump Backs New Sanctions When NATO Stops Buying Russian Oil

US President Donald Trump said he’s prepared to move ahead with “major” sanctions on Russian oil if NATO countries do the same.

Events

5 d. ago France and Germany Lead EU Push to Sanction Russian Oil Majors

France and Germany are urging the European Union to target major Russian oil companies as part of the bloc’s next package of sanctions, according to proposals seen by Bloomberg.

Politics

5 d. ago U.S., European officials meet to discuss new sanctions on Russia

WASHINGTON — U.S. and European officials met at the U.S. Treasury Department on Monday evening to discuss various forms of economic pressure to exert on Russia, including new sanctions and tariffs on Russian oil purchases, a person familiar with the meeting told The Associated Press. The person, who spoke on the condition of anonymity to […]

Economics

1 week ago Trump Says Not Considering Lowering Tariffs on India Imports

President Donald Trump says he’s not looking at lowering tariffs on India, one week after the US doubled levies on the country’s imports to 50% as punishment for its Russian oil imports.

Economics

2 w. ago Russian Deals Put Reliance Oil Core in Focus at Annual Jamboree

Reliance Industries Ltd.’s annual investor gatherings have long been a red-letter day in the Indian financial calendar, with shareholders anticipating ambitious targets, bold statements and a rare sighting of a billionaire lauded for his business acumen.

Other

2 w. ago Oil Drops Even as US Raises Pressure on India Over Russian Crude

Oil fell as traders looked past US efforts to force India to quit buying Russian crude, and broader markets carried a risk-off tone.

Other

2 w. ago Ukrainian drone attacks on oil refineries have Russian regions running on empty

Gas stations have run dry in some regions of Russia after Ukrainian drones struck refineries and other oil infrastructure in recent weeks, with motorists waiting in long lines and officials resorting to rationing or cutting off sales altogether. Wholesale prices on the St. Petersburg International Mercantile Exchange for A-95 gas — the highest octane — […]

Events

2 w. ago Navarro Calls Ukraine ‘Modi’s War,’ Hits India Over Russian Oil

White House trade adviser Peter Navarro sought to raise pressure on India to halt purchases of Russian energy after the US imposed crippling new tariffs on New Delhi, casting the conflict in Ukraine as “Modi’s war.”

Other

2 w. ago Ukrainian drone attacks on oil refineries have some Russian regions running on empty

Gas stations have run dry in some regions of Russia after Ukrainian drones struck refineries and other oil infrastructure in recent weeks, with motorists waiting in long lines and officials resorting to rationing or cutting off sales altogether. Wholesale prices on the St. Petersburg International Mercantile Exchange for A-95 gas — the highest octane — […]

Events

2 w. ago India Braces for 50% Tariff Shock as Trump’s Levies Set to Land

The US will slap a crushing 50% tariff on some Indian goods starting Wednesday — the highest in Asia — as President Donald Trump presses ahead with the levies to punish New Delhi for buying Russian oil.

Economics

2 w. ago India to Ease Russian Oil Purchases as Higher US Levies Loom

Refiners in India, among the largest buyers of Russian crude, are planning to trim their purchases in the coming weeks, a modest concession to Washington’s hawks less than a day ahead of a hike in US tariffs, but also a signal that the country has no plans to sever ties with Moscow.

Other

3 w. ago Navarro Slams India’s Russian Oil Purchases as 50% Tariffs Loom

White House trade adviser Peter Navarro blasted India for continuing to buy Russian oil and said he expects punitive tariffs of 50% on imports from the South Asian nation to kick in as planned next week.

Economics

3 w. ago India’s Nayara Turns to Dark Fleet and Russian Oil for Survival

One month after being hit by European Union sanctions, India’s Nayara Energy Ltd. is relying on a growing pool of dark-fleet tankers to transport its products, and a narrowing menu of crude imports to keep its operations running.

Other

3 w. ago China Refiners Grab Russian Oil as Trump Menaces Flows to India

Oil refiners in China have stepped up purchases of Russia’s flagship crude, seizing an opportunity to take discounted cargoes relinquished by India as Washington ramps up trade tariffs against New Delhi.

Other

3 w. ago Ukraine Says It Made Fresh Attack on Russian Oil Pipeline System

Ukraine said it carried out a fresh attack on Russia’s Druzhba oil pipeline system on Monday and halted a conduit that’s important for crude supply to parts of central Europe.

Events

3 w. ago India’s Russian Oil Purchases Are ‘Opportunistic,’ Navarro Says

The dramatic increase in India’s buying of Russian oil since the invasion of Ukraine is “opportunistic and deeply corrosive” of a global effort to isolate the Kremlin and curb Vladimir Putin’s war machine, White House trade adviser Peter Navarro wrote in the Financial Times.

Other

3 w. ago Trump Trade Adviser Navarro Slams India for Buying Russian Oil

The dramatic increase in India’s purchases of Russian oil since the invasion of Ukraine is “opportunistic and deeply corrosive” of a global effort to isolate the Kremlin and curb Vladimir Putin’s war machine, White House trade adviser Peter Navarro wrote in the Financial Times.

Economics

4 w. ago Trump to Hold Off Hiking China Tariffs Over Russia Oil Purchases

US President Donald Trump said he will hold off on raising tariffs on Chinese goods over the country’s purchases of Russian oil, citing progress he said was made with Vladimir Putin toward ending the war in Ukraine.

Economics

4 w. ago US Mulls Rosneft, Lukoil Sanctions if Putin Balks on Ceasefire

The US is weighing the threat of sanctions against Russian oil companies Rosneft PJSC and Lukoil PJSC as part of a menu of options to push President Vladimir Putin to accept a ceasefire with Ukraine, people familiar with the matter said.

Events