India, the world’s third-largest oil importer, will only purchase Russian crude if it is supplied by companies and ships not sanctioned by the U.S., Oil Secretary Pankaj Jain said.
Western sanctions on Moscow have disrupted global oil trade, forcing buyers of discounted Russian crude to navigate compliance challenges. Jain emphasized that ensuring compliance is the supplier’s responsibility.
India has become the largest buyer of Russian seaborne oil since Western sanctions curbed purchases in response to Russia’s 2022 attack on Ukraine. While India follows UN sanctions rather than those from individual countries, concerns over secondary U.S. sanctions complicate transactions due to Indian banks' and firms’ exposure to the U.S. financial system.
Recent U.S. sanctions targeting Russia’s oil supply chain have impacted Indian refiners, raising tanker freight costs as some buyers and ports avoid sanctioned vessels. Indian refiners have made it clear they will not accept cargo linked to sanctioned entities.
“We won’t take risks. Sellers must ensure clean logistics,” said an Indian refining official.
At the India Energy Week conference, Indian companies met with Russian delegates, including Novatek and Sber Bank, to explore potential energy collaborations.
Ukrainian President Volodymyr Zelenskyy says Russia handed over 21 bodies in a recent exchange—20 of them were Russian soldiers, and one a foreign mercenary.
Uzbekistan’s Uzatom Agency and Russia’s Rosatom signed a Memorandum of Understanding to jointly develop radiation processing technologies for medical and agricultural sectors.
Seven Baltic and Nordic countries asked on Friday to ban Russian soldiers from entering the Schengen zone.
The Kremlin said on Friday it could not predict whether Russian President Vladimir Putin and U.S. President Donald Trump would meet in person this year, citing the increasingly unpredictable nature of global affairs.
Russia and Kazakhstan have signed a formal agreement to move forward with the construction of a nuclear power plant in Kazakhstan, marking a key step in their energy cooperation.
A tornado ripped through a rural area of North Dakota late Friday, killing three people and leaving behind severe damage as storms lashed parts of the upper Midwest.
Afghanistan’s Taliban-led interim government has dismissed a recent United Nations report on the country’s security, human rights, and economic situation, calling it inaccurate and misleading.
Ukrainian President Volodymyr Zelenskyy says Russia handed over 21 bodies in a recent exchange—20 of them were Russian soldiers, and one a foreign mercenary.
India’s Home Minister Amit Shah says the Indus Waters Treaty with Pakistan "will never be restored," accusing Islamabad of violating the agreement.
Israeli fighter jets have destroyed three Iranian F-14s in the latest wave of airstrikes targeting central Iran, according to the IDF.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
The USS Nimitz is heading to the Middle East amid tensions between Israel and Iran. The U.S. aircraft carrier has a decades-long history in the region, from the 1979 hostage crisis to modern deployments, often serving as a key asset during periods of rising friction with Iran.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 17th, covering the latest developments you need to know.
A hot air balloon carrying 21 people caught fire and crashed Saturday in southern Brazil, killing eight and injuring at least 13 others, local authorities said.
A tornado ripped through a rural area of North Dakota late Friday, killing three people and leaving behind severe damage as storms lashed parts of the upper Midwest.
Afghanistan’s Taliban-led interim government has dismissed a recent United Nations report on the country’s security, human rights, and economic situation, calling it inaccurate and misleading.
Ukrainian President Volodymyr Zelenskyy says Russia handed over 21 bodies in a recent exchange—20 of them were Russian soldiers, and one a foreign mercenary.
India’s Home Minister Amit Shah says the Indus Waters Treaty with Pakistan "will never be restored," accusing Islamabad of violating the agreement.
A tornado ripped through a rural area of North Dakota late Friday, killing three people and leaving behind severe damage as storms lashed parts of the upper Midwest.
Afghanistan’s Taliban-led interim government has dismissed a recent United Nations report on the country’s security, human rights, and economic situation, calling it inaccurate and misleading.
Ukrainian President Volodymyr Zelenskyy says Russia handed over 21 bodies in a recent exchange—20 of them were Russian soldiers, and one a foreign mercenary.
India’s Home Minister Amit Shah says the Indus Waters Treaty with Pakistan "will never be restored," accusing Islamabad of violating the agreement.
Israeli fighter jets have destroyed three Iranian F-14s in the latest wave of airstrikes targeting central Iran, according to the IDF.
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