China, India curb Russian oil purchases
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Spot premiums in crude markets jumped on Thursday on expectations that U.S. sanctions on top Russian producers will spur China and India's demand for supplies from the Middle East, Africa and South America,
The move, effective November 9, is seen as a significant diplomatic thaw between the two Asian giants following a prolonged freeze in direct air links triggered by the Covid-19 pandemic and deadly bor
India has dispatched a warship on an operational deployment to the South China Sea and across the Indo-Pacific.
Russia is essentially sidestepping the US dollar for nearly all of its international trade, according to one of the BRICS nation's top officials.
China files a WTO complaint against India's PLI schemes, claiming they unfairly favor domestic goods over Chinese imports.