India imported $2.8 billion worth of crude oil from Russia in July
Thursday, 15 August 2024 () In July, India became the second-largest buyer of Russian crude oil, importing $2.8 billion worth, significantly increased from pre-Ukraine war levels. This shift occurred after Russian oil became available at discounted rates due to European sanctions. India now relies on Russia for almost 40% of its crude oil imports, with China being the largest importer.
The US State Department urges India to use its unique relationship with Russia to help end the Ukraine war, emphasizing respect for the UN Charter and Ukraine's sovereignty. Despite maintaining..
Indian Prime Minister Narendra Modi's visit to Moscow to meet with Russian President Vladimir Putin has stirred concerns within the Biden administration, especially as it coincided with a major NATO..
Prime Minister Narendra Modi's Russia visit showcases the strong bond between him and President Vladimir Putin, even as it raises concerns in the West. Despite Moscow's growing..
India's trade deficit grew to $23.5 billion in July as exports declined 1.4% to $34 billion, mainly due to a drop in petrol, diesel, and gems exports. Imports... IndiaTimes
Thursday, 15 August 2024 ()
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