Washington: The US has said it is having “intensive engagement” with key oil consuming countries, including India, on the specifics of how a price cap on Russian oil imports would work, but the issue was not discussed at the level of President Joe Biden and Prime Minister Narendra Modi during the recent G7 Summit. The […]
Brussels: EU leaders have said that they will block most Russian oil imports by the end of 2022 to punish Moscow for invading Ukraine, media reports said. The EU-wide ban will affect oil that arrives by sea – around two-thirds of imports – but not pipeline oil, following opposition from Hungary, BBC reported. Poland and […]
