India to keep buying Russian oil despite Trump remarks: Report
The New York Times, citing two senior Indian officials, said India has no plans to stop buying Russian crude, while Russian state news agency Tass quoted a government source in New Delhi as saying there were 'no indications' of any policy change.
The source added that Indian refineries would keep making purchases based on pricing and other economic considerations.
Trump told reporters, 'I understand India no longer is going to be buying oil from Russia. That's what I heard. I don't know if that's right or not, but that's a good step. We'll see what happens.'
The U.S. president has repeatedly accused India of unfair trade practices and maintaining extensive energy and arms ties with Russia.
On Wednesday, Trump announced 25% tariffs on Indian goods, escalating trade tensions between the two countries. — Agencies
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Arabiya
22 minutes ago
- Al Arabiya
US House panel subpoenas Clintons in Epstein probe
The US House Oversight Committee on Tuesday subpoenaed former president Bill Clinton and former secretary of state Hillary Clinton for testimony on sex offender Jeffrey Epstein, according to letters posted on its website. The Clintons were among multiple former government officials -- including two of President Donald Trump's attorney generals from his first term -- summoned by investigators in a major escalation of the controversy surrounding the investigation into the disgraced financier, who died in 2019 awaiting trial for sex trafficking. The White House has been facing increasingly intense demands to be more transparent after the Justice Department angered Trump supporters -- many of whom believe Epstein was murdered in a cover-up -- when it confirmed last month that he had died by suicide and that his case was effectively closed. The department also said Epstein had no secret 'client list' -- rebuffing conspiracy theories held by Trump's far-right supporters about supposedly high-level Democratic complicity. Trump has urged his supporters to drop demands for the Epstein files, but Democrats in the Republican-led Congress -- with some support from majority lawmakers -- have also been seeking a floor vote to force their release. 'By your own admission, you flew on Jeffrey Epstein's private plane four separate times in 2002 and 2003,' committee chairman James Comer wrote to former president Clinton. 'During one of these trips, you were even pictured receiving a 'massage' from one of Mr. Epstein's victims. 'It has also been claimed that you pressured Vanity Fair not to publish sex trafficking allegations against your 'good friend' Mr. Epstein, and there are conflicting reports about whether you ever visited Mr. Epstein's island.' Other officials targeted by the panel include former FBI director James Comey, former special counsel Robert Mueller and ex-attorney generals Loretta Lynch, Eric Holder, Merrick Garland, Bill Barr, Jeff Sessions, and Alberto Gonzales. Their depositions will take place between mid-August and mid-October. Comer also issued a subpoena to the Justice Department for records related to Epstein -- including its communications with Trump's predecessor Joe Biden and his officials. House Oversight Committee Democrats, backed by some Republicans, approved a subpoena in July for the Justice Department to hand over documents. Lawmakers have also been seeking testimony from Epstein's accomplice Ghislaine Maxwell, who is serving 20 years in prison for her role in his alleged crimes -- although her cooperation is seen as unlikely. Meanwhile the Supreme Court's justices are expected to consider at a September 29 conference ahead of their October term whether to hear an appeal by Maxwell of her sex trafficking conviction.
Al Arabiya
2 hours ago
- Al Arabiya
Rwanda says will ‘accept up to 250 migrants' from US
Rwanda will accept up to 250 migrants from the United States, the government said on Tuesday, without giving details of who could be included in the deal. Washington has been pushing a deportation drive, with President Donald Trump's administration negotiating controversial arrangements to send people to third countries, among them South Sudan and Eswatini. It follows a cancelled agreement with Britain, under which Kigali would have received deported illegal migrants from the UK, after the British administration that negotiated the deal lost the 2024 national election. 'Rwanda has agreed with the United States to accept up to 250 migrants,' government spokesperson Yolande Makolo told AFP. She said Kigali would maintain 'the ability to approve each individual proposed for resettlement.' No further information was given, including any indication of timelines, with Makolo saying that Rwanda 'will provide more details once these have been worked out.'
Arab News
3 hours ago
- Arab News
Swiss president rushes to US to avert steep tariffs
'The aim is to present a more attractive offer to the United States in a bid to lower the level of reciprocal tariffs,' said the governmentUS President Donald Trump had originally threatened in April to slap a 31-percent tariffZURICH: Switzerland's president and economy minister were due to fly to Washington on Tuesday in a last-minute push to stop steep new tariffs that have blindsided the Alpine faces a 39-percent duty, one of the highest among the dozens of economies that will be hit by new tariffs expected to come into force from Karin Keller-Sutter and Economy Minister Guy Parmelin were heading to Washington 'to facilitate meetings with the US authorities at short notice and hold talks with a view to improving the tariff situation for Switzerland,' the government said in a statement.'The aim is to present a more attractive offer to the United States in a bid to lower the level of reciprocal tariffs for Swiss exports, taking US concerns into account.'US President Donald Trump had originally threatened in April to slap a 31-percent tariff on he surprised the export-driven country last week when he decided to hike the rate to 39 percent despite numerous discussions between Swiss and US officials aimed at reaching a Swiss government noted that the country will be hit by much higher tariffs than what other wealthy economies, such as Britain, Japan or the European Union, are Swiss government held an emergency meeting on the extraordinary meeting, the government 'reaffirmed that it was keen to pursue talks with the United States on the tariff situation,' Tuesday's statement said.'For this reason,' the president and the economy minister 'are to travel to Washington on Tuesday.'US Trade Representative Jamieson Greer, however, indicated on Sunday that the tariffs on global trading partners which are coming into force this week were unlikely to change.'These tariff rates are pretty much set,' Greer told CBS television's Face the Nation who is also the country's finance minister, and Parmelin, who is also the vice president, will be accompanied by a small delegation, including the heads of the economy and international finance government said it will 'issue a statement as soon as there are any relevant developments for the public.'Swiss companies have urged the government to negotiate a lower United States is a key trading partner for Switzerland, taking 18.6 percent of its total exports last year, according to Swiss customs has said Trump believes that Switzerland 'steals' from the United States by enjoying a trade surplus of 40 billion Swiss francs ($50 billion).Pharmaceuticals represented 60 percent of Swiss goods exports to the United States last year, followed by machinery and metalworking at 20 percent and watches at eight chocolate industry has also warned that the tariffs were a 'tough blow.'
