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14.06.26 - 15:01
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UK intercepts Russian shadow fleet oil tanker in English Channel (The Hill)
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The United Kingdom's Armed Forces intercepted a Russian shadow fleet attempting to sail through the English Channel on Sunday in a “blow” to the Kremlin amid its more than four year war with Ukraine. “In the early hours of this morning, I directed our Armed Forces to intercept a shadow fleet oil tanker attempting to......
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12.06.26 - 21:48
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India Accuses West Of Double Standards Over US Russia Oil Sanctions (ZeroHedge)
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India Accuses West Of Double Standards Over US Russia Oil Sanctions
Submitted By Tsvetana Paraskova of OilPrice.com
The on-and-off U.S. sanctions on Russian oil and the flipping U.S. position regarding India's oil purchases from Russia highlight the double standards of the Western nations, Indian Foreign Minister S Jaishankar said on Friday.
India turned en masse to Russian oil in 2022, when the U.S. and the EU imposed sanctions on Moscow due to the invasion of Ukraine. Four years later, India is a major buyer of Russia's crude and Russia is India's single-largest oil supplier.
“At that time, the US specifically asked India to buy Russian oil to stabilize the oil market,” Jaishankar was quoted as saying at an event in Finland, referring to the situation on the market in 2022.
India buys oil based on price and availability, the foreign minister said in response to reporters' remarks that India is “too sympathetic to Russia” and “too willing to buy oil from Russia”.
“Circumstan...
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