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Russia has finally admitted Western sanctions are hitting its oil exports
Secondary sanctions are spooking global banks, as some of them turn away from doing business with R…
Huileng Tan
Russian energy giant Gazprom reported its first annual loss in 24 years amid Western sanctions
Sanctions and broader energy market factors weighed on profits. Shares of the energy giant saw thei…
Yuheng Zhan
India bats for Security Council at UN where voices of developing nations find their place
India's Permanent representative to the UN, Ruchira Kamboj, on Tuesday, said, "What we therefore ne…
ANI
Sanctions are squeezing Russia, turning up its dependence on China and 'rogue' states, think tank says
Sanctions are working as Moscow is relying on North Korea, Iran, and China to stay afloat, think ta…
Filip De Mott
Putin's war fired up Russia's economy and beat sanctions — but big problems lie ahead
Vladimir Putin overcame sanctions by selling oil to India and China and spending heavily on its mil…
Theron Mohamed
Russian oil flows are sidestepping sanctions and trading above the G-7 price cap all over the world
Bloomberg reported that Urals grade crude is selling at around $75 a barrel, exceeding the G7 natio…
Yuheng Zhan
China's biggest banks are finally getting scared by the West's sanctions against Russia
Chinese banks are tightening compliance checks with Russian businesses as they fear getting caught …
Huileng Tan
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
Russia's grand railway plan to get around Western sanctions is about to get even bigger
Russia is investing in rail transportation to bypass Western sanctions, connecting with China, Indi…
Huileng Tan
India imported USD 2.8 bn worth of crude oil from Russia in July
India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…
PTI
Chinese and Indian companies are about to be hit by sanctions because of their ties to Russia, reports say
The European Union wants to sanction three Chinese companies for supporting Russia's war in Ukraine…
George Glover
Russia has managed to divert most oil exports from Europe to India and China, getting around sanctions, says a top official
Europe's share of Russian oil and petroleum exports has fallen to 4% to 5% from nearly half.
Huileng Tan
The West is seeking to take back Russia's shadow fleet of oil tankers, sanctions official says
"What we want to do is force volumes back into the G7 fleet," sanctions official Olga Dimitrescu sa…
Filip De Mott
Indian oil firms are reportedly backing away from long-term deals for Russian oil amid tough sanctions
The largest refiners in India had been in discussions with Rosneft to receive a third of the countr…
Yuheng Zhan
Fear of China is behind India's exuberant display of friendship with Vladimir Putin
India hopes Russia can serve as a buffer between an increasingly aggressive China.
Tom Porter
'Porous' sanctions haven't stopped Russia's war, but there's still more the West can do to squeeze its economy
Analysts said the current "porous" sanctions give Moscow many escape routes, and western countries …
Yuheng Zhan
More Russian oil ships have been floating at sea with nowhere to go amid sanctions pressure
Four ships with at least 3 million barrels of Russian oil were floating with no apparent destinatio…
Jennifer Sor
Dutee Chand extends support to under-fire boxer Imane Khalif following controversial win in Paris Olympics
Italian boxer Angela Carini quit her 66 kg women's category boxing match against Algeria's Imane Kh…
ANI
A Russian oil ship has been floating 1,600 miles off the shore of India for over a week as officials mull whether to let the sanctioned tanker dock
The NS Century has been drifting off the coasts of India for about 10 days, according to shipping d…
Jennifer Sor
US reportedly probes oil tanker firms about possible Russia sanctions violations
The move marks the biggest step of its kind since price caps were imposed on Russian crude, accordi…