Page 4 - Anna Morris News Today

New Delhi: The US on Thursday said it has not asked India to reduce its imports of Russian crude oil and that the G7 price cap was designed to force

Officials clarified that oil importers like India, which are not part of the price cap coalition comprising G7 countries and their allies, are not bound by the price cap as long as their purchase of Russian oil does not involve any shipping or insurance service from providers in the coalition countries

The US has not asked India to cut Russian oil imports, stating that oil refined in India isnt technically Russian. US officials emphasized limiting Putins profit by curbing Russias oil sales avenues. They noted that refined Russian oil sold to Western nations does not violate sanctions. India has informed the US of its intent to continue buying Russian oil for its energy needs and to stabilize global oil prices. Sanctions aim to restrict Russias oil sales and incentivize deeper discounts for buy...

India News: Two senior US Treasury officials, Eric Van Nostrand and Anna Morris, visit India to discuss the Phase 2 of the Russian oil price cap. The cap aims to

The G7 price cap on Russian oil shipments is cutting the revenue that Moscow has available to support its invasion of Ukraine, and the mechanisms effectiveness is helped by the recent actions...

The G7 price cap on Russian oil shipments is cutting the revenue that Moscow has available to support its invasion of Ukraine, and the mechanisms effectiveness is helped by the recent actions...

The US officials are in India this week meeting with government officials and business leaders. | World News

Somerset artists will have a chance to exhibit their work in an annual exhibition.

Treasury’s OFAC enforcer talks softly and brandishes a giant stick in Europe.

The US will warn banks of the dangers of doing business in Russia, piling pressure on the largest Western bank Raiffeisen International (RBI), Reuters reported on March 7.