... Reuters , are ready to provide India with a discount of around $5 per barrel off the indicative price of Urals relative to the benchmark Dated Brent . Analysts from Kpler estimate that this concession has become a necessary measure amid tightening European Union sanctions and threats of new restrictions from the US—by conceding, suppliers aim to retain Indian demand and minimize the risk of losing the market. Concurrently, India has also demonstrated political determination: the Indian delegation canceled ...

... country is compelled to purchase Russian oil and refined products to meet its energy needs since traditional suppliers have redirected volumes to Europe. Meanwhile, New Delhi noted that Western countries continue trading with Russia in many sectors. The European Union still acquires energy resources, fertilizers, and metallurgical products from Russia, while the U.S. imports various chemicals and nuclear materials. Against this backdrop, the Indian side points to “double standards” — demands to cease cooperation ...

We discuss the implications of the 18th EU sanctions package for Russia. We analyze potential consequences for the economy, energy sector, and international relations. The European Union countries have approved the 18th sanctions package against Russia. As for the domestic fuel and energy complex (FEC), the new restrictions will apply to the Nord Stream gas pipelines and the Indian company Nayara Energy Limited. Additionally, tankers ...

... problem continues to fuel mutual hostility. As of the early 2020s, the situation in the Indian state of Jammu and Kashmir (now a union territory) remains extremely tense. For Pakistan, Kashmir is an "unfinished partition," a matter of principle ... ... and unpredictable. No major power will enter into direct military action on India's side, but Western nations—the U.S. and European allies—would likely exert political pressure on Pakistan (and indirectly on China) to prevent the occurrence of worse ...

... this time of year, which equates to approximately 80 billion cubic meters of storage. Although the pace of replenishment slowed somewhat in July compared to the record volumes of June (when about 12-13 billion m 3 were injected over the month), the European Union has managed to eliminate the backlog from last year's storage filling schedule. The target is to reach at least 90% by the start of the heating season, and this currently appears achievable ahead of schedule. Gas prices remain elevated but relatively ...