WESTERN SANCTIONS
Moonshot AI rents Nvidia’s top AI chips in China, documents show
Documents indicate that Moonshot AI possibly accessed advanced Nvidia chips despite US export restrictions and related investigations. The servers were reportedly rented from Super Micro Computer Inc. with significant financial backing from Lingmeixin Technology Co.
ONGC uses stuck Russian dividend dues for Sakhalin fund, seeks operatorship of Venezuela oilfields
ONGC has utilized funds from its Russian dividends to meet its obligations for the Sakhalin-1 abandonment fund. The company is negotiating with Venezuela's PDVSA to take operational control of the San Cristobal and PetroCarabobo projects. This move is expected to enhance ONGC's ability to recover historical dividends and improve cash flow management. Discussions with relevant parties have progressed, and new agreements are anticipated soon.
Thousands mock Trump's midterm setback at Tehran rally
Thousands participated in an anti-American rally in Tehran following the recent US midterm elections. Demonstrators chanted slogans and displayed banners denouncing the US and Israel, highlighting ongoing tensions. Iranian officials connected the results of the elections with the rising cost of living and the conflict with Iran. The annual event commemorates the 1979 takeover of the US embassy in Tehran.
G20 diplomats, including from China and Russia, face deep rifts as they prepare to meet in Atlanta
Top diplomats from the G20 nations are convening in Atlanta to discuss pressing global issues. Key topics include regional conflicts and trade tensions affecting international security. U.S. Secretary of State Marco Rubio aims to facilitate cooperation among member countries. However, deep divisions are evident, especially regarding military actions and the Ukraine situation. This meeting serves as a precursor to the upcoming G20 summit hosted by President Trump.
Who sent $2 bn military equipment to Iran past US blockade? More than 5,000 agencies
Iran has developed a clandestine network involving over 5,000 agencies to import military equipment and evade sanctions. This network functions despite ongoing US naval blockades and sanctions since the war began. Extensive investigations reveal significant transactions and military logistics supporting their activities. The secretive agencies have been linked to the Islamic Revolutionary Guard Corps and elite controlled businesses.
Serbia’s 'leaderless' student movement won the election. Now it must choose a leader
The Student List has achieved a parliamentary majority in Serbia, marking a significant shift in the political landscape. Comprising various professionals, they are now tasked with selecting government leaders and forming a cabinet. With rising public and private debt, the incoming government faces crucial economic challenges ahead. They must also navigate complex issues of governance and foreign policy regarding relations with Russia and Europe.
- Go To Page 1
Hegseth likely to face questions on US role in Indo-Pacific at ASEAN summit
US Defense Secretary Pete Hegseth is scheduled to meet with Southeast Asian counterparts in the Philippines soon. Discussions will focus on US commitments in the Indo-Pacific region amid ongoing tensions from the Iran war. Southeast Asian leaders seek clarity regarding the impact of the Iran conflict on US military readiness and alliances. Issues like energy security and cooperation with China are also on the agenda.
Iran security chief meets Supreme Leader after talks with Mecca pact countries
Mohsen Rezaei recently met with Ayatollah Mojtaba Khamenei following discussions with representatives from Saudi Arabia, Turkey, and Pakistan. These high-level talks aimed to de-escalate the ongoing Middle East conflict initiated by US and Israeli attacks on Iran. Khamenei emphasized the need to safeguard Iran's interests and control over the Strait of Hormuz during their conversation.
Israel election: Netanyahu fights for political survival as October 7 fallout looms
Benjamin Netanyahu faces a critical election in Israel after the October 7 attacks by Hamas. Voters are assessing his record and the implications of military actions in Gaza and against Iran. Gadi Eisenkot, his main rival, criticizes Netanyahu's approach and proposes a new direction. Coalition dynamics could shift, particularly if Arab voters mobilize against Netanyahu's party. The outcome will significantly impact Israel's political landscape and international relations.
Lula’s Brazil election win: How he thwarted Trump’s Latin America ambitions
Luiz Inácio Lula da Silva won Brazil’s presidential election against Flávio Bolsonaro, stopping a conservative streak in Latin America. This victory challenges U.S. influence in the region and complicates President Trump's strategies. Lula's administration may seek collaboration with Washington while maintaining Brazil's independent foreign policy. Domestic congressional dynamics present challenges for Lula as he pursues reforms amidst conservative opposition.
US courting Reliance's refining muscle to keep oil flowing, not curb Russian crude, analyst says
Marco Rubio's recent visit to Jamnagar emphasizes strengthening energy ties between the US and Reliance Industries. With a capacity of 1.4 million barrels per day, Jamnagar plays a crucial role in global diesel exports. The US seeks to stabilize energy flows while urging India to diversify away from Russian oil. Reliance is also positioned to process Venezuelan crude, enhancing Washington's interests in the region.
Ukraine and Russia eye new peace talks and Melania Trump's mission, but major obstacles remain
Russia and Ukraine have signalled willingness to resume US-brokered peace talks, potentially in Abu Dhabi in mid-November, as territorial disputes and security guarantees continue to block progress. A local ceasefire has also been agreed to allow humanitarian aid into a stranded town in Ukraine’s Kherson region. However, fresh Russian missile and drone attacks underline the challenges facing US President Donald Trump’s efforts to end the war.
Russian missiles pound Kyiv as Moscow says over 800 Ukrainian drones downed
Russia conducted a bombardment of Kyiv with ballistic missiles, resulting in casualties and substantial damage. Ukrainian officials reported fatalities and injuries due to targeted strikes on civilian areas, including markets and infrastructure. Following this escalation, President Volodymyr Zelenskyy criticized the lack of change in Moscow's approach toward peace negotiations. Peace talks with the U.S. and Ukraine were briefly discussed but yielded no significant progress.
Government names Sunil Kumar ONGC chairman; to succeed Arun Singh in December
Sunil Kumar has been appointed as chairman of ONGC, succeeding Arun Singh, effective December 7. Kumar’s appointment follows recommendations from a selection committee that interviewed various candidates. He enters the role at a time of turmoil in the global energy market and heightened oil and gas prices. Singh’s tenure saw improved profits and strategic partnerships that bolstered ONGC's output and operations.
China-Europe rail and India’s long road to Eurasia
India is focusing on connectivity initiatives such as the International North-South Transport Corridor and the IMEC. Geopolitical tensions have challenged India's ambitions to establish reliable connectivity with Europe. In contrast, the China-Europe freight network significantly expands trade routes across Eurasia. The expansion provides multiple routes and helps mitigate disruptions in maritime transport. A shift in India-China relations may further enhance India's connectivity options with Eurasian markets.
US secretary of state Marco Rubio, Ambani discuss energy and tech cooperation
US Secretary of State Marco Rubio's recent visit to the Reliance Industries refinery in Jamnagar signified a pivotal step towards enhancing energy cooperation. Engaging in discussions with Mukesh and Anant Ambani, Rubio focused on investment avenues, including technology partnerships and ensuring affordable energy and dependable supply chains.
Moscow accuses Japan of using journalists for espionage
Russia has accused Japan of using journalists for espionage following the arrest of Japanese reporter Yuki Imai. The Russian authorities claim Imai was conducting espionage activities on Russian territory, a charge Japan denies. Japan's foreign ministry is taking steps to secure Imai's release and has summoned the Russian ambassador for a protest. Meanwhile, Japan emphasises that it does not engage in espionage activities within Russia.
From Venezuela to Texas to Jamnagar: Marco Rubio’s dash for energy
US Secretary of State Marco Rubio is encouraging Reliance Industries to process more Venezuelan crude. His visit includes discussions with External Affairs Minister S. Jaishankar and plans for a refinery in Texas. The focus on Venezuelan oil aims at expanding reliance on alternative sources amidst geopolitical tensions. Washington is keen on tapping into Indian refining capacities for its energy strategies.
Here’s why Marco Rubio is visiting Jamnagar, the small Indian city with world’s largest oil-refining complex
U.S. Secretary of State Marco Rubio is visiting Jamnagar, India, to discuss energy cooperation with Reliance Industries. His discussions will focus on processing Venezuelan oil amid ongoing international energy challenges. The Jamnagar refinery has significant capacity and could help stabilize global supply chains. Rubio's meeting with Mukesh Ambani highlights the strategic energy ties between the U.S. and India.
Russia ships the least crude oil in a month as major Baltic port halts
Russian crude shipments have dropped to a month low due to maintenance work disrupting operations at the Primorsk port. Despite a reduction in Ukrainian attacks on refineries, oil production facilities are still under threat. Notably, shipments to Asia, including significant customers like China and India, are declining, mirrored by a substantial fall in export values, signaling a downturn in demand.
Russian aerial blitz kills 9 in Ukraine as Zelenskyy meets US and European officials in Norway
Russia conducted missile and drone strikes across Ukraine, causing civilian casualties and significant damage to infrastructure. Ukrainian President Volodymyr Zelenskyy is in Norway seeking increased American and European support for his country. Despite ongoing attacks, Zelenskyy expressed concerns about the delay in U.S. military aid, including critical air defense interceptors. European nations have stepped up their support, fearing Russian aggression will extend further.
Zelenskyy says Ukraine got no early warning from partners as Russia hits the power grid again
Zelenskyy is grappling with recent Washington moves benefiting Russian President Vladimir Putin, including waiving U.S. sanctions on Moscow and signing a deal to import diesel from Moscow.
Why Pete Hegseth’s remarks on Nato’s Afghanistan role have drawn UK rebuke and raised fresh questions over US-Europe relations
US Defence Secretary Pete Hegseth questioned the combat contributions of NATO allies in Afghanistan during a recent speech. His comments prompted a response from the British government defending the sacrifices of its troops, which included over 450 deaths. The controversy comes amid broader tensions regarding US support for Ukraine against Russian aggression. European leaders are concerned about maintaining their security commitments in light of these remarks.
Tread carefully on trade: India must hold its ground as Trump’s tariff stick loses its bite
India is navigating complex trade negotiations with the United States, focusing on tariffs and energy imports. Though a trade deal is pending, India prioritizes solid assurances to protect its interests. Indian exports to the US have increased notably, contributing to a reduced trade deficit recently. Additionally, India seeks to maintain stable energy supplies amid fluctuating global oil dynamics.
NMDC puts nickel foray on hold on global oversupply concerns, sources say
State-run NMDC has paused its planned entry into nickel, citing oversupply concerns in Indonesia, which accounts for more than 60% of global production. The decision comes as the global market is expected to remain in surplus through 2026. NMDC had also explored Russian nickel assets and supply arrangements with Nornickel.
India's Russian crude binge to continue after Trump waives new sanctions law
With a fresh sanctions waiver from the US, India is poised to sustain its current levels of Russian crude imports, having now surpassed China as the leading importer. The country's strategic embrace of discounted Russian oil has transformed its energy cost framework and prompted a rethink of crude sourcing tactics. Analysts anticipate that this trend will have lasting effects on India's import profile and overall economic dynamics.
500%, 100%, then a waiver: How India escaped Trump's Russia tariff threat
In the beginning it was 500%, then it came down to 100% and then, a waiver. This is how the tariff threat has evolved from an ambitious proposal into a more flexible instrument of policy for Trump and US. For India, the immediate danger has receded. But with US retaining the power to reinstate the measures, the waiver offers relief rather than a lasting resolution.
Russia hails Trump waiving sanctions as 'historic'
Russia has hailed US President Donald Trump's decision to waive new sanctions targeting its energy revenues as a "historic" move, raising concerns among Ukraine and its European allies that Washington is favouring Moscow.
US holds more secret talks with Myanmar's military-backed rulers in Tokyo, sources say
The US and Myanmar’s military-backed government held talks in Tokyo last week, their second meeting in a month, as Washington seeks cooperation on scam centres targeting Americans and explores access to Myanmar’s rare-earth deposits. The renewed engagement signals a shift in US policy despite continuing sanctions and concerns over human rights abuses.
Load More
