5 d. ago US, UK ramp up pressure on India, China to cut Russian oil imports

US, UK ramp up pressure on India, China to cut Russian oil imports  Reuters

Events

6 d. ago Amid trade tensions, Trump threatens ban on cooking oil from China over soybean purchases

Amid trade tensions, Trump threatens ban on cooking oil from China over soybean purchases  USA Today

Events

7 d. ago How India’s purchases of Russian oil are reshaping global energy trade

Western sanctions on Russia following its invasion of Ukraine have shifted global energy flows, with India and China emerging as prominent buyers of Russian oil. The question is no longer from whom New Delhi and Beijing will purchase energy, but in which currency they will pay. Amid warming ties between India and China following US President Donald Trump’s imposition of sweeping tariffs on Indian exports after New Delhi refused to stop purchasing Russian oil, Indian traders are reportedly asking...

Politics

7 d. ago Trump’s tariffs are pushing India closer to Russia and China

Western sanctions on Russia following its invasion of Ukraine have shifted global energy flows, with India and China emerging as prominent buyers of Russian oil. The question is no longer from whom New Delhi and Beijing will purchase energy, but in which currency they will pay. Amid warming ties between India and China following US President Donald Trump’s imposition of sweeping tariffs on Indian exports after New Delhi refused to stop purchasing Russian oil, Indian traders are reportedly asking...

Politics

1 week ago US imposes sanctions on China refinery over Iran oil purchases

The US imposed sanctions on about 100 individuals, entities and vessels, including a Chinese independent refinery and terminal, that helped Iran’s oil and petrochemicals trade, the administration of President Donald Trump said on Thursday. The US Treasury Department sanctioned the Shandong Jincheng Petrochemical Group, which it said is an independent teapot refinery in Shandong Province that has bought millions of barrels of Iranian oil since 2023. It also sanctioned China-based Rizhao Shihua...

Politics

1 week ago US imposes sanctions on China refinery, others for Iran oil purchases

US imposes sanctions on China refinery, others for Iran oil purchases  Reuters

Politics

2 w. ago China Uses Hidden Network to Fund Iranian Oil Purchases —WSJ

China Uses Hidden Network to Fund Iranian Oil Purchases —WSJ  thedeepdive.ca

Politics

2 w. ago China's Big Secret Exposed! How Beijing Found Way to Pay Iran for Oil Purchases To Outsmart US Sanctions

China's Big Secret Exposed! How Beijing Found Way to Pay Iran for Oil Purchases To Outsmart US Sanctions  Times Now

Politics

2 w. ago Putin visit to test India’s diplomatic balancing act amid US trade tensions

Russian President Vladimir Putin is expected to visit India in December, a trip that could test New Delhi’s delicate balancing act between Moscow and Washington amid escalating pressure from the United States over oil and weapons purchases from the sanctioned country. Analysts say the visit is likely to deepen India’s defiance of Western demands as it strengthens energy and defence ties with Russia. But it could also complicate Delhi’s strategic ambitions – including a potential trade deal with...

Politics

2 w. ago India, China won't accept humiliation: Putin slams US pressure on Russian oil trade

India, China won't accept humiliation: Putin slams US pressure on Russian oil trade  India Today

Politics

2 w. ago Is India buckling under US pressure on Russian oil purchase?

India may buy less Russian oil and increase its imports of American crude, while also considering sourcing from blacklisted suppliers such as Iran and Venezuela, according to officials and media reports. The shift reflects New Delhi’s effort to preserve its strategic autonomy, even as it is unwilling to meet Washington’s demands, with the US linking closer trade and diplomatic ties to a cut in Russian oil imports, according to analysts. Since the Russian invasion of Ukraine in February 2022,...

Events

3 w. ago India uses UN spotlight to call out developed nations on trade

India accused developed nations of hypocrisy in global trade and their responses to global crises at the United Nations General Assembly on Saturday, a charge that followed faltering efforts to negotiate with Washington to remove tariffs tied to its purchases of Russian crude oil. Indian Foreign Minister Subrahmanyam Jaishankar used his speech in New York to warn against tariff volatility, technology controls, and supply-chain coercion, while urging the Global South to push back against...

Politics