Trump ordered a naval blockade on sanctioned Venezuelan oil tankers, accusing Maduro's regime of terrorism and drug smuggling, intensifying US-Venezuela tensions over oil and sanctions.
Trump ordered a naval blockade on sanctioned Venezuelan oil tankers, accusing Maduro's regime of terrorism and drug smuggling, intensifying US-Venezuela tensions over oil and sanctions.
India's Russian oil imports are rising in December despite sanctions, sustained by discounted pricing and non-sanctioned suppliers.
The US killed eight in strikes on vessels near Venezuela, citing drug trafficking. This follows a regional military buildup, intensifying tensions with Venezuela over oil and sovereignty.
Oil tanker rates have surged due to sanctions removing ships and an aging fleet; high costs will likely persist into early 2026.
The rupee's real depreciation around 9% in 2025 impacts inflation, trade balance, and corporate margins amid capital flow strain and trade deal uncertainty with the US.
France demands stronger safeguards before EU votes on Mercosur trade deal, aiming to protect European agriculture.
India's cabinet approved full foreign ownership in insurance, liberalized atomic energy for private firms, unified education regulators, and signed a trade pact with Oman to enhance economic growth.
Belarus freed 123 prisoners and gained US potash sanctions relief after diplomatic talks.
Belarus released prisoners as the US lifted potash sanctions, signaling a thaw despite EU non-recognition of Lukashenko.
India's Union Cabinet approved reforms including 100% FDI in insurance, private involvement in atomic energy, a new higher education regulator, and a Free Trade Agreement with Oman.
Russian oil exports dropped considerably in November due to US sanctions fears, causing revenue declines and lower global oil supply, while demand is forecasted to grow in 2025 and 2026.
The US has seized a Venezuelan oil tanker and sanctioned six more ships carrying oil, targeting President Maduro's regime amid allegations of drug trafficking and illegal oil shipments.