Jakarta’s move to press on with importing 150 million barrels of Russian oil despite latest EU sanctions against an Indonesian port underscores a growing divide between Western efforts to isolate Moscow and Asia’s push for energy security. On Thursday, the European Commission announced its 20th package of sanctions against Russia, which includes Indonesia’s Karimun Oil Terminal for its “connections with the shadow fleet and circumvention of the oil price cap”. The sanction on Karimun, located in...
In remarks in Washington, the BJP leader suggested India conceded to U.S. demands, as FTA, Russian oil are salient themes
The funding was agreed last December, but it has been held up in a row over Russian oil supplies to Hungary.