The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%, a White House official told on Thursday.
However, Indian sources said the cut was not visible yet, though it could be reflected in import numbers for December or January.
Refiners had already placed orders for November loading that included some cargoes for December arrival as well, the sources said.
The Indian government has not yet informed refiners of a request to cut Russian imports, they added.
India's oil ministry and all of the Indian refiners that buy Russian oil did not immediately respond to Reuters' requests for comment.
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Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 21st of July, covering the latest developments you need to know.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 22nd of July, covering the latest developments you need to know.
President Donald Trump said the United States will target Iran’s heavily fortified Pickaxe Mountain site “pretty soon” as he meets with Lebanese president Michel Aoun. Meanwhile, U.S. forces carried out a 10th consecutive night of strikes on Iran while Tehran continues to target Gulf countries.
Overnight U.S. strikes caused blackouts in southwestern Iran and hit the northwestern city of Tabriz for the first time. Separately, a U.S. soldier died in northern Iraq during a controlled detonation of an unexploded Iranian drone.
The United States has bombed Iran for an 11th consecutive night as the Pentagon says the war’s cost reach $37.5 billion. President Donald Trump threatens a heavy strike on the suspected Pickaxe Mountain nuclear site. Tehran warns that any attack could trigger a wider regional escalation.
Daniel Siad, a modelling scout whose name appeared in documents linked to convicted sex offender Jeffrey Epstein, has been found dead at his home near Paris, French prosecutors said. He was 69.
Ukraine's new commander-in-chief, Mykhailo Drapatyi, takes charge at a pivotal stage of the war with Russia, facing mounting challenges including troop shortages, battlefield reform and the rapid evolution of drone warfare.
ASEAN foreign ministers opened the 59th ASEAN Foreign Ministers’ Meeting in Manila on 21 July, launching four days of talks that run until 24 July. The agenda includes South China Sea tensions, Myanmar’s conflict and growing U.S.-China rivalry.
Canadian Foreign Minister Anita Anand has renewed calls for an immediate de-escalation and permanent ceasefire in the Middle East while she warned that the humanitarian situation had become "quite grave". Anand also raised concern over tensions in the South China Sea.
Pakistan has asked the U.S. for a $10 billion exchange stabilisation facility, according to a source briefed on the matter. If approved, the funding would bolster the country's foreign exchange reserves and provide a major boost to its cash-strapped economy.
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