India Dethrones China as Russia's Top Oil Buyer, Grabs 44% of New Delhi's Imports | Details
Video Credit: Oneindia - Duration: 04:07s - Published
India Dethrones China as Russia's Top Oil Buyer, Grabs 44% of New Delhi's Imports | Details
India has overtaken China to become the largest importer of Russian oil, marking a significant shift in global energy dynamics.
In July, Russian crude made up 44% of India’s total oil imports, reaching a record 2.07 million barrels per day.
This surge in imports is driven by steep discounts offered by Moscow as it pivots away from Western markets due to sanctions related to the Ukraine conflict.
As China reduces its Russian oil intake, India has stepped in, reshaping trade routes and solidifying its position as a key player in the global oil market.
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Prime Minister Narendra Modi is set to attend Russia's Victory Day Parade in Moscow on May 9, as confirmed by Kremlin spokesman Dmitry Peskov. This decision.. IndiaTimes
US President Donald Trump has claimed Ukraine could be “crushed very shortly” unless it agrees to peace talks with Russia. In an interview with The Atlantic, Trump said he’s trying to save Ukraine by pushing for negotiations, suggesting Moscow is open to a deal. He criticized Kiev’s stance, especially on Crimea, and hinted Zelensky was tougher to negotiate with than Putin. Meanwhile, Vice President Vance echoed similar concerns, and Secretary of State Rubio warned of the US abandoning talks if delays persist. Trump is also seeking a minerals agreement with Ukraine.
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In this latest update, Kremlin spokesman Dmitry Peskov slams Ukraine for showing no sign of readiness to engage in direct negotiations with Russia. Despite Moscow’s openness to peace talks, Ukrainian President Zelensky maintains a strict ban on any negotiations with Vladimir Putin—a move he implemented in October 2022 to stop separatism and control backchannel talks. Peskov insists that Ukraine must act, especially in light of its legal ban on direct talks.
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Russian President Vladimir Putin has publicly thanked North Korean troops for their role in repelling a Ukrainian incursion into Russia’s Kursk Region. For the first time, Moscow acknowledged North Korean military participation in the Ukraine conflict. Pyongyang called the operation a defense against "neo-Nazi forces," as part of a bilateral treaty with Russia. Putin promised that fallen North Korean fighters will be honored equally with Russian soldiers. The development comes amid rising tensions and shifting alliances in the ongoing Ukraine war.
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U.S Special Envoy Steve Witkoff recently met Russian President Vladimir Putin in a bid to persuade Russia for a ceasefire deal in Ukraine. This was the 4th such meeting in just over 2 months, but there seems to be no breakthrough yet as Putin remains firm recognition of Russia's control over Crimea and the four regions under Russian control since 2022. With peace talks stalling, could a Putin-Trump summit be the only path forward?
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In a powerful statement at the UN, Russia's Deputy Permanent Representative, Maria Zabolotskaya, condemned Western countries for their "double standards" in addressing the global refugee crisis. Highlighting the devastating impact of the Gaza conflict, she criticized the reluctance of Western nations to provide sufficient humanitarian aid to refugees, particularly those fleeing from war-torn regions like Syria, Afghanistan, and Sudan. Zabolotskaya also pointed out the hypocrisy in Western countries voicing concern over Ukrainian refugees while ignoring the plight of those seeking asylum in Russia. She called out the EU's failure to provide adequate support to refugees, especially those crossing the Mediterranean, and the deadly consequences of this inaction. With lives at stake and no accountability, the international community must confront the moral and legal crisis unfolding before our eyes.
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