'Americans were apologising…': Trump border crackdown shuts US-Canada library door for Canadians
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Deccan Herald
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- Deccan Herald
Russian and Chinese navies carry out artillery and anti-submarine drills in Sea of Japan
The drills are taking place two days after US President Donald Trump said he had ordered two nuclear submarines to be positioned in "the appropriate regions" in response to remarks by former Russian president Dmitry Medvedev.
Economic Times
a few seconds ago
- Economic Times
India hasn't given refiners directions to stop buying Russia oil
India hasn't given the country's oil refiners instructions to stop buying Russian oil, according to people familiar, as officials grapple with meeting energy needs and maintaining ties with Moscow without further angering US President Donald Trump. ADVERTISEMENT No decision has been taken as yet on stopping imports from Russia, the people said, asking not to be named due to the sensitivity of the matter. Both state-run or private refiners are allowed to buy from their preferred sources, and crude purchases remain a commercial decision made by them, several of the people said. Trump blasted India on Wednesday for continuing to purchase most of its military equipment and energy from Russia. The US leader imposed a surprise 25% tariff on India and threatened an additional penalty for its close ties with Moscow. Two days later, Trump told reporters he 'heard' India would no longer be buying oil from Russia, calling it 'a good step.' India has maintained its energy purchases are driven by market forces and price. Last week, refiners were told to come up with plans for buying non-Russian crude, people familiar said to Bloomberg. The government asked state-owned processors to prepare an outline of where alternate barrels can be sourced and at what volume if Russian flows get stopped, they said. One of the people said the instruction amounted to scenario planning in case Russian crude were to become New York Times reported on Saturday that India will keep buying Russian crude despite a threat of penalties from Trump, citing two senior Indian officials it didn't identify. An oil ministry spokesperson didn't reply to messages from Bloomberg seeking comment outside of regular business hours. ADVERTISEMENT India's refiners have been singled out by the European Union and the US for supporting Moscow during its war in Ukraine with the oil purchases. It has become the world's biggest buyer of Russian seaborne exports of crude, soaking up discounted barrels and ramping up its purchases from almost zero to about one-third of its or stopping Russian oil purchases would force India to source oil once again from Gulf nations — which costs a premium — and New Delhi isn't keen on adding to its import bill, one of the people said. ADVERTISEMENT Indian Prime Minister Narendra Modi maintains close ties with Russian President Vladimir Putin, having visited the country in October. Putin is scheduled to visit India later this year. State-owned Indian Oil Corp. bought at least 5 million barrels US crude, on top of 2 million barrels of supplies from Abu Dhabi, traders told Bloomberg last week. The purchases were both large and for relatively immediate delivery by the company's usual standards. (You can now subscribe to our Economic Times WhatsApp channel)
Economic Times
15 minutes ago
- Economic Times
Ukrainian drone attack sparks massive fire at Russian oil depot near Sochi
Moscow: An overnight Ukrainian drone attack on an oil depot near Russia's Black Sea resort of Sochi sparked a major fire, Russian officials said Sunday, as the two countries traded than 120 firefighters attempted to extinguish the blaze, sparked after debris from a downed drone struck a fuel tank, Krasnodar regional Gov Veniamin Kondratyev said on Telegram. Videos on social media appeared to show huge pillars of smoke billowing above the oil civil aviation authority, Rosaviatsia, temporarily stopped flights at Sochi's airport. Further north, authorities in the Voronezh region reported that four people were wounded in another Ukrainian drone strike. Russia's Defence Ministry said its air defences shot down 93 Ukrainian drones over Russia and the Black Sea overnight into Sunday. Meanwhile, in southern Ukraine, a Russian missile strike hit a residential area in the city of Mykolaiv, according to the State Emergency Services, wounding seven Ukrainian air force said Sunday Russia launched 76 drones and seven missiles against Ukraine. It said 60 drones and one missile were intercepted, but 16 others and six missiles hit targets across eight reciprocal attacks came at the end of one of the deadliest weeks in Ukraine in recent months, after a Russian drone and missile attack on Thursday killed 31 people, including five children, and wounded over 150. The continued attacks come after US President Donald Trump gave on Tuesday Russian President Vladimir Putin a shorter deadline - Aug. 8 - for peace efforts to make progress. Trump said Thursday that special envoy Steve Witkoff is heading to Russia to push Moscow to agree to a ceasefire in its war with Ukraine and has threatened new economic sanctions if progress is not made.
