This comes despite Russia on Monday stating that Lavrov and Rubio held a "constructive" conversation as part of preparations for the meeting between their two presidents in Budapest, Hungary, Russian media has reported.
The United States has announced it will not renew sanctions exemptions for the purchase of Russian and Iranian oil, ending a 30-day waiver that allowed some countries, including India, to continue importing Russian oil despite sanctions related to the Ukraine war.
Donald Trump defends the recent surge in global oil prices, arguing it's a necessary short-term cost to eliminate Iran's nuclear threat and ensure global security.
It said a resolution to the conflict requires a "sincere and practical engagement" between the two parties, clearly referring to Russia and Ukraine.
In a post on X on Saturday, Zelenskyy revealed that he and Trump had held a "long and substantive" call, beginning with one-on-one talks and later including European leaders in a broader discussion, where Trump briefed him on his recent meeting with Putin.
King Charles III reaffirmed the enduring strength of the US-UK alliance, underscored NATO's centrality to global security, and shared light-hearted moments with President Donald Trump during a White House state dinner.
India has repeatedly called on Russia and Ukraine to return to the path of diplomacy and dialogue and end their ongoing conflict.
Ukrainian President Volodymyr Zelenskyy has backed the imposition of tariffs on countries maintaining economic ties with Russia, saying it is the 'right idea' in the face of continued aggression by Moscow.
The US ended up abstaining from the vote for its own resolution at the General Assembly after several amendments were passed ahead of the vote to strengthen the language against Russia and reaffirm Ukraine's territorial integrity.
S&P Global Ratings warns that Indian oil marketing companies like IOC, BPCL, and HPCL may face reduced profit margins due to rising crude oil prices and government pressure to maintain stable retail prices.
"The world might face a food crisis if the war continued till the end of April, as it could have a dramatic impact on planting in Europe and North America," said Matt Simpson, CEO of Brazil Potash.
United States President Donald Trump has said Prime Minister Narendra Modi 'knew he was not happy' with India's purchases of Russian oil and that Washington, DC can raise tariffs on New Delhi 'very quickly'.
Ukrainian President Volodymyr Zelenskyy on Sunday said that a "dignified end" to the war was possible given that the US was demonstrating a constructive approach.
The modern war is about quality over quantity, points out Mihir S Sharma.
Manchester City manager Pep Guardiola says he will continue speaking out on global violence and humanitarian crises, using his platform to advocate for victims from Palestine to Ukraine.
A 25-year-old Indian man who went to Russia on a student visa has allegedly been 'deceitfully' recruited into the Russian Army and pushed into the Russia-Ukraine conflict, his family claims. They are seeking the Indian government's help for his safe return.
His top ranking came on the same day that Russia launched a full-scale invasion of Ukraine that began with air and missile strikes on military facilities before troops and tanks rolled across borders from the north, east and south.
As Russia continues to escalate its strikes on Ukraine, United States President Donald Trump on Sunday (local time) said that he has plans to speak with his Russian counterpart Vladimir Putin in the coming days, as several European leaders are expected to visit the United States for what he described as 'very interesting discussions' aimed at resolving the ongoing Russia-Ukraine conflict.
United States President Donald Trump's special envoy for Russia-Ukraine negotiations, Keith Kellogg, has been excluded from high-level discussions aimed at ending the war in Ukraine, according to a report in NBC News.
The Strait of Hormuz crisis is impacting lifestyles worldwide, from reduced gold purchases in India to energy conservation in Europe and Japan, as governments urge citizens to adapt to the global energy shock.
'... with the rest split between mid and smallcaps, as valuations are becoming more attractive across segments.'
India's defence expenditure surged to $92.1 billion in 2025, making it the world's fifth-largest military spender, according to SIPRI data. This 8.9 per cent year-on-year rise was primarily driven by operational and procurement needs following heightened regional tensions with Pakistan in May 2025.
Prime Minister Narendra Modi and US President Donald Trump discussed the Middle East crisis, with a focus on the Strait of Hormuz.
During the meeting, Zelenskyy said he pressed for long-term security guarantees extending over the next 50 years and clarified that any engagement with Russia would only be possible if President Trump and European leaders reached consensus on formalised documents.
In the context of India's energy ties with Russia, Putin said certain "actors" dislike New Delhi's growing role in international markets in view of its close relations with Moscow and these elements are aiming to constrain India's influence for political reasons by imposing "artificial obstacles".
The BSE benchmark Sensex plummeted about 383 points to close at 57,300-level on Tuesday, tracking massive selloffs in global markets. After sinking about 1,300 points in early deals, the Sensex staged a sharp recovery but still ended 382.91 points or 0.66 per cent lower at 57,300.68. The NSE Nifty too reclaimed part of its early losses before closing 114.45 points or 0.67 per cent lower at 17,092.20. On the Sensex chart, Tata Steel, TCS and SBI fell the most, losing as much as 3.64 per cent. Of the 30 Sensex constituents, 20 closed in the red. "Escalations in Ukraine tensions with Russia recognising two pro-Russian rebel regions have aggravated the crisis. "The economic consequences are already visible in higher crude and gold prices," VK Vijayakumar, chief investment strategist at Geojit Financial Services, said.
Deputy Chairman of Russia's National Security Council Dmitry Medvedev claims military victory in Ukraine is visible and emphasizes the need to plan for the aftermath. He also comments on Donald Trump's desire to be seen as a peacemaker.
Russian President Vladimir Putin supervised strategic nuclear forces drills amid uncertainty surrounding a potential summit with US President Donald Trump to address the Ukraine conflict.
External Affairs Minister S Jaishankar conveyed a strong message to his Polish counterpart Radoslaw Sikorski regarding terrorism and the Ukraine conflict, emphasizing the need for zero-tolerance towards terrorism and criticizing the selective targeting of India.
The President of the Security Council for December said India has taken the side of peace and favours de-escalation through diplomacy and dialogue.
Despite international crude oil rates crossing USD 100 per barrel due to Middle East tensions, the Indian government plans to maintain current petrol and diesel prices, ensuring uninterrupted fuel supply across the country.
Petrol and diesel prices in India have been increased by Rs 3 per litre each, marking the first rate hike in over four years. This decision follows a period of stable prices during recent state elections, despite rising global crude oil prices and significant losses for fuel retailers.
The Russia-Ukraine conflict would have nil or negligible impact on India's foreign trade, and the crisis may give domestic exporters an opportunity to ship more wheat in the global markets, sources said on Thursday. India's central pool stood at 24.2 million tonnes, twice more than the buffer and strategic needs, they said. More than a quarter of the world's wheat export comes from Russia and Ukraine.
United States President Donald Trump has backed a sanctions bill that could impose 500 per cent tariffs on countries buying Russian oil, giving the White House leverage against countries like China and India to stop them from purchasing cheap oil from Moscow.
The New Delhi G20 Declaration refers only to the "war in Ukraine" and noted with "deep concern the immense human suffering and the adverse impact of wars and conflicts around the world."
Prime Minister Narendra Modi strongly supported efforts to end the war in Ukraine and conveyed to Russian President Vladimir Putin that India will stand shoulder-to-shoulder in all peace efforts to find an amicable solution to the conflict.
With these propositions in mind, India started "some exploratory discussions" he said, adding that it started during Prime Minister Narendra Modi's visit to Italy during G-7, and then during his visit to Moscow.
There are enough people at the top decision-making level in Tehran who are still willing to negotiate, provided Trump can create the right setting for the negotiation to acquire a dynamic of its own, points out Ambassador M K Bhadrakumar.
Amidst escalating tensions in West Asia, Russian President Vladimir Putin is actively calling for de-escalation and political resolution, engaging with Iranian and US counterparts to navigate the complex conflict landscape.
India and the US have entered a new phase in their relationship, marked by greater parity, point out Harsh V Pant and Vivek Mishra.
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