US sanctions on Russian oil
US-India Relations Improving: Trump Maintains Regular Contact With PM Modi Amid Ongoing Trade Negotiations
Nov 05, 2025 09:07 am CST
The White House confirms that President Trump and Prime Minister Modi communicate frequently while serious trade negotiations continue between the US and India. Despite previous tensions over India's Russian oil purchases that led to increased US tariffs, Trump has expressed interest in reaching a trade deal, signaling potential improvement in bilateral relations as Indian refiners reduce Russian oil imports following new US sanctions.
US Sanctions on Russian Oil Companies: Impact on Global Markets and India's Energy Security
Oct 23, 2025 05:19 pm CST
The US has imposed significant sanctions on Russia's largest oil companies, Rosneft and Lukoil, in an effort to pressure Vladimir Putin to end the Ukraine war. These measures could substantially impact global energy markets, particularly affecting major Russian oil buyers like India and China. Indian state refiners are now reviewing their Russian oil trade documentation while balancing energy security concerns against international pressure. The sanctions mark a significant escalation in economic measures against Russia's primary revenue source and may reshape global energy trade patterns.