India to stop Russian oil purchase
Digest more
The new reality has forced the Kremlin to raise taxes and increase debt, and hovers over peace talks with Ukraine.
Russia’s rise as India’s largest crude oil supplier marks one of the biggest shifts in the country’s energy trade in decades. Triggered by the Ukraine war, Western sanctions, and deep discounts on Russian crude,
The New Voice of Ukraine on MSN
Russia facing oil revenue collapse as direct talks with Ukraine resume
The newspaper notes there are few signs yet that the economic strain and resulting discontent among business elites and the population will alter Russian President Vladimir Putin’s calculus on the war.
Ukraine reported additional strikes on military targets in Russian-occupied regions, including Crimea, Kherson and Donetsk oblasts.
Kremlin confirms no communication from India about halting oil purchases, while Russia aims to strengthen ties with India.
Officials say that France’s navy, working with intelligence provided by the United Kingdom, intercepted an oil tanker in the Mediterranean Sea that traveled from Russia, in a mission targeting the sanctioned Russian shadow fleet.
Venezuela’s crude sales have surged since Washington ousted the country’s leader and eased restrictions on the nation’s oil industry. Shipping data showed January’s exports were more than 50% higher than those of the previous month,