3 h. 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

10 h. 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

36 h. ago Russia Plans to Extend Gasoline Export Ban Amid Drone Attacks

Russia plans to extend its ban on gasoline exports from fuel producers through September to ensure domestic supplies as Ukrainian drone attacks disrupt major refineries.

Events

62 h. ago Ukraine Claims Attack on Hub for Major Russian Oil Pipelines

Ukraine claimed a strike on an important hub for Russia’s network of crude-exporting pipelines, though flows from the system to Europe seem to remain uninterrupted for now.

Politics

7 d. ago Trump says he’ll meet with Putin ‘very shortly’ to talk ending Ukraine war

Trump confirmed steps toward a meeting with Putin at the White House as Canada said it intends to lower the price cap on Russian oil alongside Britain and the European Union.

Politics

7 d. ago Trump says he’ll meet with Putin in Alaska next week to discuss Ukraine war

Trump confirmed the meeting with the Russian leader as Canada said it intends to lower the price cap on Russian oil alongside Britain and the European Union.

Politics

7 d. ago China Defends Buying Russian Oil After Trump’s Tariff Threat

China said its imports of Russian oil are justified, pushing back against US threats of new tariffs after Washington slapped secondary levies on India for buying energy from Moscow.

Economics

7 d. ago China Is Key to Displaced Russian Oil’s Impact on Global Prices

Washington’s efforts to choke Russian oil flows to India are raising the question of what will happen to the millions of barrels a day that would otherwise have been headed to the subcontinent.

Economics

8 d. ago Oil Heads for 5% Weekly Slump With Russian Supplies in Focus

Oil headed for the biggest weekly loss since June, as traders judged that US efforts to end to the war in Ukraine would not impact supplies, even as Washington imposed penalties on India for importing Moscow’s crude.

Other

8 d. ago Oil Heads for Major Weekly Slump With Russian Supplies in Focus

Oil headed for the biggest weekly loss since June, as traders judged that US efforts to end to the war in Ukraine would not impact supplies, even as Washington imposed penalties on India for importing Moscow’s crude.

Politics

8 d. ago Oil Heads for Worst Run Since 2021 as Traders Discount US Curbs

Oil headed for its longest losing run since 2021, as traders judged that US efforts to end the war in Ukraine would not impact overall supplies, even as Washington penalized India for taking Moscow’s crude.

Economics

8 d. ago India’s State Refiners Pause Russia Oil Buys as US Adds Pressure

India’s state-owned oil refiners are pulling back from purchases of Russian crude for now, according to people with direct knowledge of the companies’ procurement plans, as Washington ratchets up the pressure on New Delhi over the flows with a wave of harsh tariffs.

Other

8 d. ago How India ended up facing steep US tariffs despite its strategic partnership

NEW DELHI (AP) — U.S. President Donald Trump has vowed additional 25% tariff on India for its purchases of Russian oil, bringing the combined tariffs imposed by the United States on its ally to 50%. India has called the additional tariffs “unfortunate.” Trump’s Wednesday announcement came as India and the U.S. are still negotiating a […]

Economics

9 d. ago Trump’s Punitive India Tariff Spoils Modi’s Russian Oil Math

A US decision to double tariffs on Indian goods as punishment for ongoing purchases of Russian crude leaves the world’s third-largest oil consumer in a tight spot and its refiners in disarray, but the move is unlikely to prompt a radical rethink in New Delhi.

Economics

9 d. ago Trump Floats Possible Tariffs on China for Buying Russian Oil

President Donald Trump said he could punish China with additional tariffs over its purchases of Russian oil, though one of his top advisers played down the likelihood.

Economics

9 d. ago Trump Floats Possible Tariffs on China for Buying Russia Oil

President Donald Trump said he could punish China with additional tariffs over its purchases of Russian oil, though one of his top advisers played down the likelihood.

Economics

9 d. ago Oil Ticks Higher as Traders Focus on US Moves Over Russian Crude

Oil inched higher after a five-day drop — the longest losing run since May — as investors tracked US efforts to punish buyers of Russian crude, and a diplomatic push by President Donald Trump to end the Ukraine war.

Economics

9 d. ago US Weighs Options for Penalizing Russia Beyond India Tariffs

President Donald Trump’s additional 25% tariff on India for its purchases of Russian oil could be just the first shot he aims at Moscow’s energy revenues ahead of a Friday deadline, as the US weighs options to get President Vladimir Putin to end the war against Ukraine.

Economics

9 d. ago Trump imposes additional 25% tariff on India over Russian oil purchase

U.S.-India ties are facing their most serious crisis in years after talks between the two countries failed to produce a trade agreement.

Economics

9 d. ago Indian Refiner Nayara Seeks New Local Bank After EU Sanctions

Mumbai-based oil refiner Nayara Energy Ltd., part-owned by Russian energy giant Rosneft PJSC, has asked government officials to broker a relationship with a domestic lender such as UCO Bank Ltd. after EU sanctions prompted greater caution among larger banks, according to people familiar with the matter.

Events