Russia is offering India bigger oil discounts, with the price of its Ural grade oil dropping to a discount of $3 to $4 per barrel, as reported by Bloomberg. The price reduction applies to cargoes expected to load in late September and October, reflecting Moscow’s efforts to maintain its oil trade with India amid rising tensions with the US. India has become a significant importer of Russian crude oil, especiall

US President Donald Trump has once again turned his attention toward India, accusing New Delhi of exploiting the United States through what he described as a “one-sided disaster” in trade relations. His remarks come as Prime Minister Narendra Modi attends the Shanghai Cooperation Organisation summit in China, where he is seen engaging with leaders such as Xi Jinping and Vladimir Putin in a show of strategic camaraderie. Trump, writing on his social platform, argued that