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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The US has deployed the newly modernized B61-12 thermonuclear bombs across Europe under NATO’s nuclear-sharing program. These advanced weapons, part of the B61-12 Life Extension Program, bolster NATO’s deterrence capabilities amid rising tensions with Russia. Meanwhile, Moscow warns such deployments lower the nuclear threshold, further escalating global security concerns.
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In a major escalation of the conflict in eastern Ukraine, Russian forces have taken control of two strategic villages, Petropavlivka and Vremivka, in the Donetsk region. Reports indicate that over 600 homes were cleared to secure Vremivka, with Russian troops dismantling reinforced Ukrainian positions. Celebrating their victory, Putin’s soldiers raised the Russian flag over a building in the village. This operation marks a significant win for Moscow as it targets Ukrainian strongholds in Donetsk. The situation remains tense, with Ukraine yet to comment on these developments. Watch the video for detailed coverage of this unfolding story.
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Attendees at Ukraine-related events at the World Economic Forum in Davos, Switzerland, gathered to listen to US President Donald Trump’s inauguration speech.
Credit: euronews (in English) Duration: 02:32Published
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