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India’s National Security Adviser Visits Russia Amid Trump Tariff Threats – Reports

Indian media reported that Ajit Doval plans to clarify New Delhi’s strategy on Russian oil imports amid signs Moscow may offer greater discounts.

Russia’s Oil and Gas Revenues Plunge for Third Straight Month

The Finance Ministry now expects oil and gas revenues of just 8.32 trillion rubles ($104 billion) in 2025 — nearly a 25% cut.

Russian Oil Tankers Idle Off India as Sanctions and U.S. Tariff Threats Disrupt Trade

At least four tankers carrying Russian crude are idling off India’s western coast as mounting sanctions and warnings of steep U.S. tariffs disrupt oil...

Indian State Refineries Halt Russian Oil Imports – Reuters

U.S. President Donald Trump has warned that buyers of Russian oil could soon face steep tariffs.

CEO of Russia-Backed Nayara Energy Resigns Following EU Sanctions – Reuters

Nayara Energy is majority-owned by Russia’s state-controlled oil giant Rosneft and a closely affiliated Russian investment fund.

India Says It Can Replace Russian Oil if U.S. Sanctions Disrupt Supplies

Russia currently accounts for roughly 35% of India’s total oil imports, making it the country’s top supplier.

EU Moves Toward Floating Price Cap for Russian Oil

The floating mechanism aims to respond more effectively to market fluctuations and to undercut Russia’s oil revenues.

IEA Raises Doubts Over Russia’s Ability to Restore Oil Output

Russian oil supply continued to decline through most of 2024 and into early 2025, raising “questions about Russia’s ability to sustain its upstream...

Britain Links Azerbaijani Traders With Rosneft Ties to Russia’s Shadow Fleet

The men allegedly used their ties to Rosneft CEO Igor Sechin to trade more Russian crude in 2024 than any other entity.

In a Prolonged Israel-Iran Conflict, Russia’s Economy Stands to Reap the Benefits

Moscow benefits most from a protracted conflict that leaves uncertainty over energy supplies but does not spill over into all-out war.

Russian Oil Prices Up Nearly 15% After Outbreak of Israel-Iran Fighting

Despite the increase, prices remain below the government’s expectations for balancing its budget this year.

Oil Prices Surge, Russian Stocks Rise as Israel-Iran Tensions Grow

The Russian stock exchange rose slightly at the start of trading Friday, with oil and gold companies seeing the biggest increases in share prices.

EU Likely to Propose Lowering G7 Price Cap on Russian Oil to $50 Per Barrel

European officials plan to recommend the lower price cap at a meeting of G7 finance ministers in Canada later this week.

India Approves More Russian Insurers to Provide Marine Cover

India now recognizes eight Russian entities eligible to provide protection and indemnity coverage for ships.

Russia's Ties With India and Pakistan, Explained

The Moscow Times examines Russia’s relationship with both India and Pakistan amid a flare-up in tensions between the two countries.

Russia Eyes Budget Cuts as Sliding Oil Prices Drive Deficit Upward

The move would likely force the government to slash spending on civilian programs even further.

Swiss Commodities Giant Glencore Sells Off RussNeft Stake

Glencore first invested in RussNeft in the early 2000s, playing a role in the company’s development at a time when Russia’s oil sector was rapidly...

Russian Economic Officials Brace for Lowest Oil Prices Since Pandemic

The Economic Development Ministry has reduced its 2025 forecast for the average price of Urals crude to $56 per barrel, its lowest level since 2020.

Estonia Says Russian 'Shadow Fleet' Tanker Can't Sail Without Resolving 40 Deficiencies

Estonian transport authorities said Saturday they won't allow the Kiwala oil tanker to pursue its journey until it has resolved 40 legal and safety issues...

In First, Estonia Detains Russian 'Shadow Fleet' Tanker

The Kiwala, which is under Western sanctions, was intercepted as it was heading for the Russian port of Ust-Luga.

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