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Washington: US President Donald Trump has claimed that he spoke to Prime Minister Narendra Modi yesterday and was reassured that India would lower its Russian oil imports, a claim that he had been pushing over the past week and believes would bring peace to Ukraine. He also raked up the India-Pakistan conflict and that he had…
Last Updated:October 16, 2025, 5:39 PM IST MEA denies any phone call between PM Modi and Trump about India stopping Russian oil purchases, countering Trump’s claim made in Washington MEA clarifies India’s stand on import of Russian oil following Trump’s statement.(File image/Reuters) The Ministry of External Affairs (MEA) on Thursday said there was no phone…
Last Updated:October 16, 2025, 12:33 IST India clarified its stand on Russian oil purchase following Trump’s statement, stating that “New Delhi’s consistent priority is to safeguard the interests of the Indian consumer”. MEA clarifies India’s stand on import of Russian oil following Trump’s statement.(File image/Reuters) Just hours after US President Donald Trump said that Indian…
New Delhi21 minutes ago Copy link Yesterday’s big news was related to crude oil. According to the data research agency Kepler, after 50% tariff of Trump, India’s government companies have reduced buying crude oil from Russia. Companies like BPCL and IOC imported an average of 6.05 million barrels of oil daily in September. At the…
The G7 finance ministers also said they agreed on the importance of trade measures Washington: The Group of Seven nations’ finance ministers said on Wednesday they will take joint steps to increase pressure on Russia by targeting those who are continuing to increase their purchases of Russian oil and those that are facilitating circumvention. The…
Taiwan, the United States’ most effective bulwark in Asia against Chinese diplomatic and military pressure, has become the world’s biggest importer of Russian naphtha, a petroleum derivative used in the semiconductor industry. Taiwan calls itself a Ukraine ally and was one of the nations that joined Western sanctions against Russia after the war began in…
India Foreign Minister S.K. Jaishankar is on a US tour. He has come here mainly to attend the high level meeting of the United Nations General Assembly (UNGA80). Apart from this meeting, there was a meeting between Jaishankar and US Secretary of State Marco Rubio. Many important issues were discussed between the two. However, it…
US President Donald Trump on Sunday signalled he is ready to impose another round of sanctions on Russia over the war in Ukraine a move that could also hit countries like India that continue to import Russian oil. Asked about possible new sanctions during an interaction with reporters at the White House, Trump gave a…
New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said that India will continue purchasing Russian oil, stressing that decisions will be guided solely by national interest. “Whether it is Russian oil or anything else, we will take a call based on what suits our needs in terms of rates, logistics or whatever. Where we…
New Delhi: India is securing even cheaper Russian crude amid ongoing US pressure to reduce its oil trade with Moscow, which Washington argues finances the war in Ukraine. The price of Urals crude has fallen to a discount of $3–$4 per barrel compared to Brent for shipments scheduled in late September and October, according to…