Russian President Vladimir Putin held talks with U.S. President Donald Trump’s special envoy Steve Witkoff in Moscow on Wednesday, the Kremlin said, days before the White House’s deadline for Russia…
China has been focusing on harnessing resources from the Russian Far East and Arctic but such efforts are facing hurdles and reservations, according to people with knowledge of the matter.Construction…
Western sanctions that put a price cap on Russian oil exports from December 2022 aimed to cause the country significant economic pain after its invasion of Ukraine last year. The…
External Affairs Minister S. Jaishankar, centre, with Union Ministers Piyush Goyal and Rajeev Chandrashekhar meets with High Representative of the European Union (EU) for Foreign Affairs and Security Policy Josep…
India leads five countries named as the “Laundromat” countries that buy Russian oil and sell processed products to European countries, thus sidestepping European sanctions against Russia, says a Helsinki-based group.…
Russia has started to make ship-to-ship (STS) transfers of diesel near African ports as it seeks transatlantic sales, according to traders and Refinitiv Eikon data.A full EU embargo on Russian…
Global oil prices have held relatively steady since November last year. Despite several geopolitical factors affecting its fundamentals, it has been congested inside $83-70 per barrel throughout this period.Amid fears…
A fuel trucks drives along a highway in Frankfurt, Germany. European Union governments tentatively agreed Friday Feb. 3, 2023, to set a $100-per-barrel price cap on sales of Russian diesel…
Commerce and Industry Minister Piyush Goyal co-chaired the India-Sweden Business Round Table meeting along with his Swedish Counterpart Johan Forssell. Photo: Twitter/@PiyushGoyalOffc NEW DELHI: Sweden will not interfere with India’s…
A price cap that Group of Seven (G7) countries want to impose on Russian oil will provide buyers with leverage to get better prices, a U.S. Treasury official said on…