
Crippling Russia’s economy: EU explores new sanctions on Russian banks, oil trade; joint action with US being mulled
The EU is contemplating a 19th round of sanctions targeting Russian banks and energy firms to pressure Putin over Ukraine. These measures may include restrictions ...

‘Russian economy will be in total collapse’: Trump official wants more tariffs on countries buying Russia oil; urges EU to add pressure
US Treasury Secretary Scott Bessent has urged the European Union to join the US in increasing pressure on Russia, hinting at potential tariffs on nations ...

Reality check for Trump! Why blame India for Russian crude trade? US, EU trade with Russia runs in billions
Donald Trump has criticized India for its continued oil and arms purchases from Russia, leading to a 25% tariff imposed by the US. Despite this, ...

Nayara Energy, India’s Russia-backed refinery, faces fresh US, EU sanctions trouble; EPC work hit – here’s what’s happening
EU and US economic restrictions are impacting Nayara Energy’s EPC operations, leading firms like Technip Energies and PT Timas Suplindo to withdraw from tenders. Despite ...

India buying Russian oil an ‘irritant’ for Trump administration! How much crude does India get from Russia & will it stop after US penalty warning? Top 10 points
India faces potential US penalties due to its continued trade relations with Russia, specifically regarding oil and defence equipment purchases. Despite international pressure and sanctions, ...

Indian firm defends explosive shipment to Russia; says material for civilian use only
An Indian firm, Ideal Detonators, confirmed exporting $1.4 million worth of HMX to Russia, asserting it was for civilian use and compliant with Indian regulations. ...

Explained: What are EU’s fresh sanctions on Russia? Here’s what they mean
The European Union has implemented its 18th package of sanctions against Russia, targeting oil revenues and financial networks due to the Ukraine war. Key measures ...

Nayara Energy first Indian refinery to be hit by anti-Russia sanctions
Nayara Energy Feels the Chill: How Sanctions are Reshaping India’s Oil Landscape The ripples of global conflict are increasingly felt on Indian shores, and the ...

Oil jumps over 2% on tighter market outlook; Brent posts 3% weekly gain; US tariffs, Russia sanctions in focus
Oil prices surged over 2% due to IEA’s report of a potentially tighter global market driven by strong summer demand. Concerns about new US tariffs ...