After a five-year hiatus, the Indian Prime Minister, Narendra Modi, visited Russia twice in 2024, reaffirming that both countries see their relationship as important. President Vladimir Putin’s imminent visit to New Delhi,

India has allowed Russian insurer Soglasie Insurance Company to provide marine cover to tankers entering Indian ports, according to Indian ship regulator's website, as New Delhi wants steady supply of cheaper Russian oil despite latest U.

Russia also accounts for about 65% of India’s arms imports over the past 20-odd years. Besides, they argued, India needs to nurture the relationship to offset warming ties between Russia and China, India’s chief rival.

Following Russia's invasion of Ukraine in 2022, India emerged as a major buyer of Russian oil that was widely and rapidly sanctioned by the West. However, all that may be about to change ...

Last year, that group of ships transported about one-quarter of Russia's energy exports, mostly crude oil, Goldman Sachs analysts estimated in a Sunday note. Buyers from China and India — Russia ...

In 2023, Russian President Vladimir Putin revealed that the ruble and Chinese yuan already made up 80 percent of Moscow’s transactions with China. The Kremlin also claimed that about 90 percent of India-Russia trade already took place using local or alternate currencies.

US sanctions on Russian oil and tankers are causing Asian refiners to consider reducing operations due to high crude oil prices.

US President Donald Trump has warned his Russian counterpart Vladimir Putin to end the ‘ridiculous war’ in Ukraine or face high tariffs and further sanctions. Trump, who was sworn in as the 47th President of the United States on January 20,

The UAE's LNG expansion plans and recent deals with Germany suggest a potential realignment towards the US after a period of strained relations.

He has worked at the U.S. Department of State, on the National Security Council, and as a foreign policy adviser to U.S. Senator John McCain. Today, U.S. President Donald Trump will sweep back into power promising a new American approach to the world.

The recent implementation of new US sanctions on Russian oil producers, tankers, and insurers has created a disruption in the supply chain.