Tag Archives: Russia

The United States and India are nearing a trade deal that could slash U.S. tariffs on Indian imports from the massive 50% to 15-16% and possibly entail India agreeing to gradually reduce Russian oil imports, Indian newspaper Mint reported on Wednesday, citing three anonymous sources familiar with the talks. A …

Japan will base any decisions about energy imports on its national interests, the country’s trade minister Yoji Muto has said, following suggestions from the Trump administration that Japan suspends all purchases of Russian oil and gas. “Since the invasion of Ukraine, Japan has been steadily reducing its dependence on Russian …

India hasn’t requested refiners to cut imports of Russian crude oil and no cuts have been seen for the already placed nominations for loadings in November, Indian industry sources told Reuters on Friday, after the U.S. claimed refiners had stared to reduce Russian supply. U.S.-Indian talks in Washington this week …

Russia’s export revenue from crude and fuels dipped in September again as a slump in refined product shipments couldn’t offset an increase in crude oil exports, data from the International Energy Agency (IEA) showed on Tuesday. Russian revenues from crude and petroleum products declined to $13.35 billion in September from …

Russia and Iran this week discussed boosting their cooperation in nuclear energy, including in building small nuclear reactors (SMRs) in the Islamic Republic, Iranian media report. Mohammad Eslami, director of the Atomic Energy Organization of Iran (AEOI), discussed nuclear energy cooperation in Tehran with Nikolai Spassky, Deputy CEO for International …

The EU plans to impose sanctions on three companies that have provided false flags to tankers of the Russian shadow fleet, Bloomberg reported on Tuesday, citing documents it has reviewed. The companies have provided false flags of Aruba, Curacao, and Sint-Maarten to at least eight tankers sanctioned by the EU, …

More crude oil from Russia has become available for Indian refiners as Ukrainian drone attacks have reduced the Russian refining capacity, an Indian government official Reuters on Monday. Since the Russian invasion of Ukraine, India has relied on the discounted Russian crude banned in the West to reduce its crude …

Denmark is intensifying inspections on oil tankers passing through its waters, which are the gateway to and from the Baltic Sea, in a move to counter Russia’s shadow fleet movements. The Danish authorities are stepping up environmental checks on older tankers passing through its straits, the Environment Ministry said on …

Washington is making it clear to New Delhi: any path forward on a U.S.–India trade deal runs through Russia’s oil fields. In recent talks, U.S. trade negotiators told Indian counterparts that curbing purchases of Russian crude is critical to lowering America’s punitive tariffs and unlocking a deal, sources told Reuters …

While the world is watching the UN General Assembly discussions on Gaza-Israel, hybrid warfare in Europe (drones) and Trump, global oil markets are showing increased instability, as Ukrainian drones are destroying key oil and gas infrastructure inside of Russia. Over the last few weeks, a tsunami of reports has been …