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The US sanctioned several India-linked individuals and firms for involvement in Iranian petroleum sales, asserting the trade funds Tehran’s terrorist proxies and weapons programmes. The State and Treasury Departments expanded designations to disrupt Iran’s oil networks and intensify pressure under NSPM-2
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The US imposed sanctions on 32 entities and individuals from countries including India, China, and Iran for aiding Iran’s ballistic missile and UAV programmes. India-based Farmlane Pvt Ltd was linked to illicit procurement, as Washington intensified pressure under President Trump’s directive
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India will scale down direct Russian crude imports from late November as US sanctions on Rosneft and Lukoil take effect. Reliance, MRPL, and HPCL-Mittal have halted purchases, triggering a sharp decline in December arrivals, with gradual recovery expected via intermediaries
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US sanctions on Russia's Rosneft and Lukoil may impact Reliance Industries’ direct oil imports. State-owned refiners are likely to continue buying through intermediary traders. EU restrictions on fuel exports will further affect Indian firms, prompting recalibration from January 2026
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The US has sanctioned eight Indian nationals and several India-based firms for allegedly facilitating Iranian oil and LPG exports. The Treasury and State Departments said the entities helped Iran earn billions, adding them to Washington’s Specially Designated Nationals list
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Brazil’s Supreme Court justice Alexandre de Moraes led the conviction of ex-President Jair Bolsonaro for orchestrating a coup attempt, sentencing him to 27 years. Revered by some as a defender of democracy and reviled by others, de Moraes’ bold rulings polarized Brazil
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US President Donald Trump imposed 50% tariffs on India, including 25% on Russian oil imports, to pressure an end to the Russia-Ukraine war. India rejected the move as “unjustified,” vowing to protect its national interests and economic security
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India may face a $9–11 billion spike in oil import costs if US penalties force it to cut Russian crude. With EU sanctions also tightening, refiners like Reliance and Nayara could lose margins, affecting inflation and fuel pricing.
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The sanctioned Indian firms are Austinship Management Pvt Ltd, BSM Marine LLP, Cosmos Lines Inc, and Flux Maritime LLP
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Asked during her briefing on Tuesday about reports that India was planning to buy "discounted crude oil' from Russia, she said, "Our message to any country continues to be that obviously abide by the sanctions that we have put in place and recommended."
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Moscow: Russia’s space agency chief has warned the US that the slew of sanctions imposed on Moscow can “destroy our cooperation” on the International Space Station (ISS) and asked Washington if it wants to threaten India and China with the “possibility of a 500-tonne structure falling” on them. Russia and the US are the major […]
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Indian-American Daleep Singh, a top aide of US President Joe Biden, on Thursday said these measures include sweeping restrictions on Russian military end users and will also target Russia's defence, aerospace, and maritime sectors.
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"This includes all services for individuals and organisations, private and public, free and paid," GitHub CEO Nat Friedman wrote in a blog post published on Tuesday.
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Huawei is struggling with U.S. sanctions that cut off its access to most American technology and components in a feud with Beijing over technology and security
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Canada's ambassador to China obtained "virtual consular access" to Spavor and Kovrig over the weekend, the Foreign Affairs Ministry said Saturday.