Trump's India squeeze may push Russian oil
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In a phone call with Indian Prime Minister Narendra Modi, the prime minister assured Trump that India would cease buying oil from Russia.
The United States is prepared to supply European countries with "as much gas and oil as is needed" to replace Europe's dependence on Russian energy imports, President Volodymyr Zelensky claimed in his evening address on Oct.
The shadow fleet of unmarked tankers evading international sanctions to deliver Russian crude to India and China is straining trade talks.
The share of India’s oil imports from Russia has risen significantly from 2% in 2022 to 35% now - and figures released by data and analytics firm Kpler show that in volume terms purchases have remained largely steady throughout this year.
The Kyiv Independent on MSN
Ukraine war latest live: Drone strike leaves Russian oil terminal in Crimea burning, 16 tanks damaged
Hi, this is Kateryna Hodunova reporting from Kyiv on day 1,330 of Russia's full-scale invasion of Ukraine. Today's top story so far: Sixteen fuel tanks were damaged at the Morskoi Neftianoi Terminal in Russian-occupied Feodosia,
Moscow has been slowly boosting its crude production in line with a rising target under a months-long drive by the OPEC+ producer group to return supplies to the market. Since March, before the move began, Russia’s production target has increased by more than 500,000 barrels a day.
Iran is ramping oil production back to record 2024 levels of around 4.3 million barrels per day, despite U.S. and Israeli airstrikes and ongoing sanctions. Russia is leading new development efforts in key shared oilfields like Changuleh, Cheshmeh-Khosh, and Arvand.
Russia's revenues from crude oil and refined products fell again in September, as exports of the latter plunged to the lowest in a decade excluding the COVID-hit April 2020, the International Energy Agency said on Tuesday.