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Russian Strikes Kill at Least 10 in Ukraine, Damage Key Infrastructure
Confirmed
In Short: Russian strikes in Ukraine have killed at least 10 people and damaged critical infrastructure, as India, a major buyer of Russian oil, warns the US that new sanctions could strain bilateral relations.
Russian strikes in Ukraine have killed at least 10 people and damaged key infrastructure, according to reports. Meanwhile, India, the world's third-biggest oil importer and a major buyer of Russian oil, has warned the US that new sanctions could impact bilateral ties, hours after the US Congress approved a bill authorizing President Trump to impose tariffs on countries that continue to do business with Russia.
India, which was already the second-biggest buyer of Russian crude before the war, is now taking advantage of the discount prompted by Western sanctions. Russian crude is now fetching premiums due to the choking of supply out of the Middle East, according to reports. The latest sanction bill stipulates tariffs of up to 100% on importers of Russian energy commodities, aiming to stifle Russia's export revenues and force an end to the war in Ukraine.
India's Foreign Ministry stated that the country will continue prioritizing the energy security of its population despite attempts by the US to squeeze Russian oil and gas exports. The US House of Representatives passed a sweeping sanctions and tariff bill on Wednesday, which also includes tariffs for countries that continue to do business with Russia.
President Donald Trump, who shows more fondness for Russian President Vladimir Putin than his predecessors, has pursued a policy agenda that treated Russian power and interests as an afterthought. Despite this, Russia's negotiators are described as 'crack negotiators,' extremely well trained, and fluent in the negotiating process, according to Ambassador Rose Gottemoeller.
What's confirmed
- Russian strikes in Ukraine have killed at least 10 people and damaged key infrastructure, according to reports. Meanwhile, India, the world's third-biggest oil importer and a major buyer of Russian oil, has warned the US that new sanctions could impact bilateral ties, hours after the US Congress approved a bill authorizing President Trump to impose tariffs on countries that continue to do business with Russia.
- India, which was already the second-biggest buyer of Russian crude before the war, is now taking advantage of the discount prompted by Western sanctions. Russian crude is now fetching premiums due to the choking of supply out of the Middle East, according to reports. The latest sanction bill stipulates tariffs of up to 100% on importers of Russian energy commodities, aiming to stifle Russia's export revenues and force an end to the war in Ukraine.
- India's Foreign Ministry stated that the country will continue prioritizing the energy security of its population despite attempts by the US to squeeze Russian oil and gas exports. The US House of Representatives passed a sweeping sanctions and tariff bill on Wednesday, which also includes tariffs for countries that continue to do business with Russia.
- President Donald Trump, who shows more fondness for Russian President Vladimir Putin than his predecessors, has pursued a policy agenda that treated Russian power and interests as an afterthought. Despite this, Russia's negotiators are described as 'crack negotiators,' extremely well trained, and fluent in the negotiating process, according to Ambassador Rose Gottemoeller.
What's still developing
- India, the world’s third-biggest oil importer, is among the biggest buyers of Russian oil, which is seen as helping Moscow replenish its budget since it launched its full-scale invasion of Ukraine in February 2022 and was hit with sweeping Western sanctions.
- Goldman Sachs Sees More Upside in Gasoline as Diesel Crunch Deepens What I Cover Irina Slav has been writing about global energy markets since 2007, covering the oil and gas industry, energy security, commodities, and the… India will continue prioritizing the energy security of its population despite attempts by the United States to squeeze Russian oil and gas exports, many of which go to India, the country’s Foreign Ministry said today.
- President Donald Trump shows more fondness for Russian President Vladimir Putin than his predecessors did, but most Russia watchers in the West still dwell on Russia’s lagging technology; its failure to rescue allies in Syria, Venezuela, and Cuba; and what they see as its reduction to a vassal of mighty China.
- Washington went on to pursue a policy agenda, including NATO enlargement, that treated Russian power and interests as an afterthought, and the long-standing conflict over Ukraine turned dismissiveness into condescension.
- Argument: The United States Must Prepare for More Than One Russian Future Create an FP account to save articles to read later.
- After more than half a year of drift in U.S.-brokered talks, Washington recently sent envoys Steve Witkoff and Jared Kushner to Moscow and Kyiv to meet Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky.