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The Business Standard

Wednesday
January 21, 2026

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WEDNESDAY, JANUARY 21, 2026

Russia

Russia

Oil product tankers sail along Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. Photo: REUTERS/Tatiana Meel

EU, G7 weigh ban on maritime services for Russian oil exports, end to price cap

Russia exports over a third of its oil in Western tankers - mostly to India and China - with the use of Western shipping services. The ban would end that trade, which is mostly done through the...

Indian Prime Minister Narendra Modi and Russian President Vladimir Putin pose for a photo as they depart the Delhi Airport area together in the same vehicle on 4 December 2025. Photo: Narendra Modi/X

Modi welcomes Putin in Delhi, shares car ride after warm reception

US President Donald Trump shakes hand with Russian President Vladimir Putin, as they meet to negotiate for an end to the war in Ukraine, at Joint Base Elmendorf-Richardson in Anchorage, Alaska, US, August 15, 2025. Photo: REUTERS/Kevin Lamarque/File Photo

US peace plan for Ukraine drew from Russian document: sources

A general view shows the oil refinery of the Lukoil company in Volgograd, Russia April 22, 2022. Picture taken April 22, 2022. Picture taken with a drone. REUTERS/REUTERS PHOTOGRAPHER

India's Russian oil binge to end in December as sanctions bite, sources say

A Russian MiG-31 fighter jet equipped with a Kinzhal hypersonic missile flies over Red Square during a rehearsal for a flypast, part of a military parade marking the anniversary of the victory over Nazi Germany in World War Two, in central Moscow, Russia May 7, 2022. Photo: REUTERS/Maxim Shemetov

Russia says it foiled Ukrainian-British plot to steal a MiG-31 jet: State media reports

A freight train. File Photo: Noor A Alam/TBS

First scheduled freight train from Russia reaches Iran’s Aprin dry port

Russia's Foreign Minister Sergei Lavrov attends a meeting of President Vladimir Putin with North Korea's Foreign Minister Choe Son Hui in Moscow, Russia, October 27, 2025. Photo: Reuters

Russia's Lavrov says work under way on Putin's order on possible Russian nuclear test

Russian Prime Minister Mikhail Mishustin shakes hands with Chinese President Xi Jinping during a meeting at the Great Hall of the People in Beijing, China, November 4, 2025. Photo: Reuters

China's Xi seeks to boost investment, expand economic ties with Russia

Workers stand near a crane unloading sacks of imported soybeans from Russia at Heihe port in Heilongjiang province, China on 10 October 2018. Photo: Reuters

Russia's non‑GMO soybean exports to China safe despite Trump–Xi trade deal, source says

The Samadha engaged in ship-to-ship transfers with four US-sanctioned vessels Photo: Planet Labs, European Space Agency

Indian tycoon Lakshmi Mittal's venture tied to Russian oil shipments via blacklisted vessels

US dollar banknotes and Russian flag with words "$300 billion frozen assets" are seen in this illustration taken, February 21, 2025. Photo: REUTERS/Dado Ruvic/Illustration/File Photo

How will the West use Russia's frozen assets?

A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. Photo: Reuters

Oil rises nearly 5% on fresh US sanctions against Russia

A view shows a board with the logo of Russia's oil producer Rosneft at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. Photo: REUTERS/Anton Vaganov

US hits top Russian oil companies with sanctions, EU bans Russian LNG

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