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A deep dive into India's crude oil trade with Russia

India is exploring alternative payment channels for trade with Russia and the possibility of sourcing additional oil at a discount, even as the West reduces its exposure to Russian oil. Mint takes a look at where India stands to gain or lose: ....

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West cuts Russia off SWIFT, India explores alternatives

The West’s announcement about cutting off Russian major banks from the SWIFT payment system is an opportunity for both India and China to deploy their indigenous systems they had prepared for such an eventuality. ....

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Russia Placed Its Reserves in Countries Where EU Can't Block Them, Borrell Says

On Saturday, Western leaders agreed on an extensive new package of sanctions in connection with Russia s special military operation in Ukraine, including. 27.02.2022, Sputnik International ....

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Will the SWIFT expulsion really hurt Russia?

The Ukraine crisis has forced the US and the European Union (EU) to exclude some Russian banks from the SWIFT payment system. The decision came after much consideration as it could cripple payments both to and from Russia. Mint explains: ....

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What is SWIFT payment system will Russia be banned Europe West new sanction Russia Ukraine news latest update

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