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White House calls new US sanctions on Russian oil 'appropriate, necessary'

Criticising the lack of "interest or action" from the Russian side to move towards peace, Leavitt said that while a potential meeting between Putin and Trump is "not completely off the table"

Oil jumps 5% as US sanctions target Russia's Rosneft and Lukoil

The sanctions could reduce global oil supplies since Russia was the world's second-biggest crude producer in 2024 after the US, according to US energy data

Russia seeks ways to bypass US oil sanctions to protect state budget

Russia has a month to prepare before the restrictions take full effect and it'll use that time to adapt to the new situation, said Russian official

Putin says Russia will never bow to US pressure, warns on missiles

Putin told reporters that US and Western sanctions were an 'unfriendly' act and 'will have certain consequences, but they will not significantly affect our economic well-being'

US imposes new sanctions on Russia's top oil firms Rosneft and Lukoil

Treasury Secretary Scott Bessent announced new sanctions Wednesday against Russia's two biggest oil companies and blasted Moscow's refusal to end its senseless war as U.S.-led efforts to end the war floundered and the Ukrainian president sought more foreign military help. The sanctions against Rosneft and Lukoil, as well as dozens of subsidiaries, followed months of bipartisan pressure on President Donald Trump to hit Russia with harder sanctions on its oil industry. Now is the time to stop the killing and for an immediate ceasefire, Bessent said in a statement. Given Russian President Vladimir Putin's refusal to end this senseless war, Treasury is sanctioning Russia's two largest oil companies that fund the Kremlin's war machine. Bessent said the Treasury Department was prepared to take further action if necessary to support Trump's effort to end the war. We encourage our allies to join us in and adhere to these sanctions. Bessent made the comments as NATO Secretary General Mark .

'A good compromise': Zelenskyy backs Trump's proposal to freeze war lines

Ukrainian President Volodymyr Zelenskyy supports Trump's idea to freeze current war lines, but doubts Russian President Vladimir Putin will agree

'Thank you for your call, warm Diwali greetings': PM Modi after Trump call

PM Modi responded to President Donald Trump's Diwali wishes, saying India and the US share strong democratic values and should continue working together for peace and against terrorism

EU energy ministers push to ban all Russian gas by 2027 amid US pressure

Europe has been under pressure from the US to speed up moves to sever its energy ties with Moscow, and buy more American liquefied natural gas

'No major issue' for Russia if US skips nuclear warhead extension: Putin

Putin said it would, however, be a shame if nothing remained of the arms control framework between the two countries, which have by far the world's biggest nuclear arsenals

Trump's 'paper tiger' jab at Russia echoes Mao's propaganda against US

Nearly 80 years after Mao Zedong called the United States a paper tiger to boost morale at home, US President Donald Trump and Russian President Vladimir Putin are exchanging barbs who is the paper tiger of today. In a September 23 post on Truth Social, Trump mocked Russia's military powers and called the country a paper tiger, prompting the Kremlin to push back. Trump backed off, but on Tuesday he brought back the dismissive rhetoric when addressing a roomful of generals and admirals. You're four years fighting a war that should have taken a week," Trump said of Russia's war with Ukraine. "Are you a paper tiger? On Thursday, Putin retorted, We are fighting against the entire bloc of NATO, and we keep moving, keep advancing and feel confident, and we are a paper tiger; what NATO itself is? He added: A paper tiger? Go and deal with this paper tiger then. Those familiar with modern Chinese history have found it amusing, odd and not without irony that an American president should be .

Putin praises Trump but warns US over supplies of missile to Ukraine

Russian President Vladimir Putin warned the United States that supplies of long-range missiles to Ukraine will seriously damage relations between Moscow and Washington but will not change the situation on the battlefield where the Russian army is making slow but steady advances. The potential supply of US Tomahawk cruise missiles to Kyiv will signal a qualitatively new stage of escalation, including in relations between Russia and the US," Putin said at a forum of foreign policy experts in Russia's Black Sea resort of Sochi. The Russian leader noted that even though Tomahawk missiles will inflict damage on Russia if supplied to Ukraine, Russian air defences will quickly adapt to the new threat. It will certainly not change the balance of force on the battlefield, he added, emphasising that the Russian military is continuously making gains against Ukraine. The White House did not immediately respond to a request for comment on Putin's remarks. At the same time, Putin hailed US ...

State refiners cut dependence on Russian oil as private firms boost imports

During the last month, while the state-run refiners were cutting their reliance on Russian crude, private players were stepping up procurement

Crude oil prices to not stay low for long; Kotak maintains $70/bbl target

Despite Western countries imposing sanctions and gradually widening measures, Russia's oil exports have not been significantly impacted so far, Kotak said

LIVE news: Supreme Court seeks Delhi Police response on Umar Khalid, Sharjeel Imam bail pleas

Latest news updates LIVE: PM Modi unveiled projects worth Rs 5,000 crore in Arunachal Pradesh. Catch all the latest developments here

Trump renews pressure on European countries to stop buying oil from Russia

The EU has already passed a ban that will prohibit importing petroleum products refined from Russia crude starting next year

Growth rate of Russia should outpace dynamics of global economy: Putin

During the meeting, Putin stated that stability of public finances, the implementation of planned projects and programs directly depend on the state of affairs in the Russian economy

'Like vampires sucking our blood dry': Peter Navarro slams Brics alliance

Navarro rakes up examples where he tries to say that Brics cannot survive without selling to the US, adding that historically, all the member nations hate each other and want to kill each other

Trump's ultimatums to Putin face reality as Russia escalates war in Ukraine

Since taking office, Trump has largely sided with Putin, blaming the US, cutting Kyiv's aid, and limiting intelligence, aiding Russia in regaining lost territory

Tariffs on Russian oil buyers can bring Putin to table, says Trump official

US Treasury chief Scott Bessent urged Washington and Europe to tighten oil tariffs, saying joint action could weaken Russia's economy and push President Putin towards peace talks

Trump admits failure to end Russia-Ukraine war, calls it 'most difficult'

During his campaign for the office, Trump had made numerous claims that, should he be elected, he would put an end to the war within 24 hours of entering office