India’s exposure to Russian oil disruption limited to $5 billion; global economy faces major risk: Report
Wednesday, 13 August 2025 () A Bank of Baroda report indicates India's limited exposure to Russian oil export disruptions, estimating an additional $5 billion in annual import expenditure. While India has significantly increased its reliance on Russian oil since 2021-22, a full embargo could severely impact the global economy by potentially driving prices above $80 per barrel. India's import costs remain manageable.
Ukraine has launched one of its deepest and most daring drone strikes yet, hitting the Lukoil-Ukhta oil refinery in Russia’s Komi Republic — over 2,000 kilometers from the Ukrainian border. This unprecedented attack signals a major escalation in Ukraine’s long-range capabilities, directly...
Alaska is set to host former U.S. President Donald Trump and Russian President Vladimir Putin in Anchorage on August 15 for their first face-to-face meeting since 2022. Locals are divided—some see..
Trump’s aggressive tariff policies are driving key global players toward China and Russia, strengthening BRICS as a united front against U.S. dominance. Leaders from India, Brazil, Russia, and China..
Just three days before the Trump–Putin meeting, Russia and Ukraine have launched heavy attacks, intensifying the war. Russia struck a Ukrainian training center with banned cluster munitions, killing..
Wednesday, 13 August 2025 ()
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