India is set to reduce its direct imports of Russian crude from late November, following new US sanctions on Rosneft and Lukoil, effective November 21.
Ukrainian forces conducted large-scale drone strikes on several air bases deep inside Russia, destroying multiple combat planes, Ukrainian Security Service (SBU) said on Sunday.
At least 11 students were killed and scores wounded when an unidentified attacker opened fire in a school in the Russian city of Izhevsk, local officials said on Monday.
On Wednesday, September 21, Russian President Vladimir Putin announced a 'partial mobilisation' of some 300,000 reservists with immediate effect in the wake of setbacks suffered by the Russian military in its raging conflict with Ukraine.
India's crude oil import bill is set to exceed $100 billion in the current fiscal year ending March 31, almost double its spending last year, as international oil prices trade at seven-year highs. India spent $94.3 billion in the first 10 months (April-January) of the ongoing financial year that started April 1, 2021, according to data from the oil ministry's Petroleum Planning & Analysis Cell (PPAC). It spent $11.6 billion in January alone when oil prices had started to surge.
India may see a structural shift in supplies of crude oil with Russia emerging as a key source of fuels, a development that reduces New Delhi's dependence on West Asian oil, gives Indian refiners better bargaining power with price-setter Saudi Arabia, and improves overall energy security. The unexpected surge in supplies of Russian crude in the last few months, unthinkable until the war in Ukraine, may also deliver other unforeseen gains such as boosting exports of refined fuels to Europe, which historically has counted on Russian shipments. India has jumped on to the bandwagon of opportunistic buying of Russian crude but if calibrated carefully, Urals crude can be a long-term asset for India refiners.
Over 200 people have been poisoned in the Siberia city of Irkutsk after consuming 'holy water' from wells purified during the Orthodox Christian Epiphany last week, according to reports.
20 Chinese labourers were injured after clashing with the police in Siberia over identity cards.
Rafael Nadal returned to Davis Cup action for the first time in two years on Friday with his victory putting Spain ahead in a Group One relegation playoff against Denmark.
Here's your weekly digest of bizarre moments from around the world.
Roger Federer guided Switzerland to victory in their Davis Cup World Group playoff tie against the Netherlands with an easy 6-3, 6-2, 6-4 victory over Thiemo de Bakker on Sunday.
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