India signed a trade deal with the US last week in an agreement to stop procuring oil from its BRICS counterpart, Russia, but purchase Venezuelan oil instead, which is now…
Trump announced a trade deal with India on Monday, citing that the Modi administration has agreed to halt the procurement of Russian oil. He went ahead saying that India will…
In a big blow to the US and the Trump administration, India ordered 1.7 million barrels of oil from its BRICS counterpart, Russia, in November, despite sanctions, and the amount…
The US weaponizes oil politics by sanctioning Russia’s largest oil exporters Rosneft and Lukoil, and this strategy is targeting energy cooperation within BRICS by exploiting trade dependencies that already exist.…
President Donald Trump’s massive tariffs on India have catalyzed various major trade tensions right now as disputes escalate over New Delhi’s continued purchase of Russian crude oil. Speaking aboard Air…
India’s Russian oil imports turned into a major diplomatic issue this week after US President Donald Trump claimed that Prime Minister Narendra Modi had agreed to stop buying oil from…
BRICS members Russia, China, and India are looking at the Chinese yuan for oil settlements and not the US dollar. Reuters reported that Russian refiners are seeking payments in the…
The writing is on the wall, the world is less inclined to use the US dollar hereafter. While the US dollar’s exorbitant privilege persists, the symbolism from the BRICS alliance…
BRICS countries, Russia, and India are likely to continue oil deals despite sanctions from the US and threats from Trump. The share of Russian crude oil in India’s imports could…
Venezuelan crude is still reaching US ports despite sanctions and a US
naval buildup. The oil flows today. Tomorrow is a question mark.Everyone is pretending it isn’t happening, but oil is…