India faces $9–11 billion oil bill spike: Forced pivot from Russian crude after Trump's 'penalty' could hit margins- What analysts say
Sunday, 3 August 2025 () Amidst potential US penalties and EU sanctions, India faces a complex challenge in its Russian oil trade. A shift away from discounted Russian crude could inflate India's import bill by billions, impacting refiners and potentially destabilizing retail fuel prices. Despite claims, India continues to procure Russian oil, balancing economic factors with international norms.
In a dramatic and controversial trade move, U.S. President Donald Trump has announced a major oil partnership with Pakistan just hours before slapping India with a harsh 25% tariff and an additional penalty. While praising Pakistan’s “massive oil reserves,” Trump hinted that the oil might one...
Leader of Opposition Rahul Gandhi has launched a sharp attack on PM Modi for avoiding a direct denial of Donald Trump's repeated claims that the U.S. mediated a ceasefire between India and Pakistan...
President Trump is under fire for controversial comments about press secretary Karoline Leavitt, praising her more for her appearance than her performance. In a live Newsmax interview, Trump remarked..
President Trump has fired Bureau of Labor Statistics Director Erika McEntarfer following a disappointing July jobs report that added only 73,000 jobs and included major downward revisions to May and..
Sunday, 3 August 2025 ()
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