Trump’s Punitive India Tariff Spoils Modi’s Russian Oil Math

A US decision to double tariffs on Indian goods as punishment for ongoing purchases of Russian crude leaves the world’s third-largest oil consumer in a tight spot and its refiners in disarray, but the move is unlikely to prompt a radical rethink in New Delhi.

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UAE to unlock frozen Iranian funds amid US ceasefire push

Sources tell Reuters news agency UAE releasing funds to ease tensions with Iran, allow both …