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How India Became One of the Biggest Buyers of Russian Oil
India has bought a nearly constant flow of Russian oil for the past two years. Prices fluctuated, but each year’s sales have been worth approximately $275 billion. Iraq and Saudi Arabia, traditionally India’s biggest suppliers, have been pushed to the side.
Even before Trump’s Russia ‘penalty’ threat, Indian refiners began cutting down on Russian oil imports amid intensifying Western pressure
Industry insiders, experts, and trade sources indicate that renewed pressure and threats from the US and Europe over the past few weeks have cast a shadow on India’s Russian oil imports, and could mark the beginning of Indian refiners pivoting away from Moscow’s oil.
India’s Russian oil imports are keeping global crude prices from soaring to $200, say sources, as refiners continue purchases ...
After a weeklong back-and-forth between Donald Trump and Dmitry Medvedev, Trump said in a post on Truth Social that he ...
If you’re funding Russia’s war machine through trade, you’re in the crosshairs,” Whitaker warned, specifically naming India, ...
Back in April, President Donald Trump had claimed to have done “over 200 deals” in an interview with Time Magazine, and trade ...
Although historically close with Russia, India's rise as a regional power has seen it effectively balance competing geopolitical interests between the East and West. Its economic relations with China ...
President Trump issued a warning early Thursday morning to former Russian President and Prime Minister Dmitry Medvedev after ...
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