Representatives of more than 20 countries discussed toughening sanctions against Russian oil exports. The Russian shadow fleet of 600 vessels brought the aggressor $180 billion in revenue last year.
India plans to ban the unloading of oil tankers that have been sanctioned by the United States for transporting Russian cargo. The country will look for alternative oil suppliers from the Middle East and other regions.
The President outlined the priorities for Ukrainian diplomats in 2025. These include strengthening military support, integration into the EU and NATO, sanctions against Russia, and the launch of the e-Consul.
Europe will need 10% more LNG in 2024 to make up for the shortfall after transit through Ukraine is halted. The situation may lead to price competition with Asian countries for gas supplies.
Brent crude oil exceeded $81 per barrel after the US imposed sanctions on the Russian energy sector. China and India are urgently looking for alternative sources of oil supply.
Chinese and Indian oil refineries are forced to reorient to oil supplies from the Middle East, Africa, and America. This is due to new US sanctions against russian companies and vessels.
The United States imposed sanctions on 183 tankers transporting Russian oil to Asia. This will reduce oil supplies from Russia to China and India and force them to look for alternative suppliers.
The foreign ministers of Japan, Australia, and India will attend Donald Trump's inauguration on January 20, 2025. The diplomats plan to establish contacts with the new administration and confirm their readiness for cooperation.
The Eagle S ship that damaged the Estlink 2 electric cable belongs to a Dubai-based company. It was discovered that 55 vessels of the Russian “shadow fleet” are registered in Dubai.
The USA is imposing sweeping sanctions against the Russian oil industry, including 180 vessels and leading companies. Against the backdrop of these restrictions, global oil prices have risen to their highest level since October.
An elephant has attacked a crowd of people at a religious festival in Kerala, injuring 17 people. One victim is in critical condition after the animal threw him into the air.
A powerful 6. 8-magnitude earthquake hits Tibet, killing 126 people and injuring 188. Rescuers have evacuated more than 400 people, but the search is complicated by extremely low temperatures.
The 7. 1 magnitude earthquake in the mountainous region of Tibet killed 106 people and injured 174. The disaster damaged nearly 3,000 homes and was felt in neighboring countries, including Nepal, Bhutan, and northern India.
A 7. 1 magnitude earthquake in Tibet killed 95 people and injured 130 others. More than 1,000 houses were damaged in Tingri county, and aftershocks were felt in Nepal and India.
The 7. 1-magnitude earthquake in Dingzhi County killed 32 people and injured 38 others. Rescue operations are ongoing in the region, where the disaster caused serious damage.
A 7. 1 magnitude earthquake has struck in the Himalayas, killing at least 9 people in the Tibetan city of Shigadze. The tremors were felt in Nepal, India, and Bhutan, and rescue operations are ongoing.
The Government of Brazil has announced the official accession of Indonesia to BRICS as a full member. The decision was made on the basis of consensus after the presidential elections in Indonesia.
The Biden administration plans to impose sanctions on tankers transporting Russian oil at more than $60 per barrel. The measures will also affect those involved in oil trading above the price ceiling.
The President of Ukraine spoke about the need to use frozen Russian assets to develop the military industry. Zelenskyy also discussed various forms of security guarantees and the importance of international partnership.
An adviser to Bangladesh's interim leader claims three Indian states with a Bengali population. India has stepped up border security after threats to annex territories.
The US State Department has released a declaration of gifts to the Biden family from world leaders. The most expensive was a $20,000 diamond from the Indian prime minister, and a $2.4,000 collage from Zelenskyy.
The Kremlin has instructed the Russian government and Sberbank to develop AI together with China. Sanctions and the lack of access to microchips significantly complicate Russia's ambitions in this area.
Bharat Petroleum Corp is looking for alternative oil supplies from the Middle East due to the reduction in Russian imports. India's purchases of Russian oil have fallen to their lowest level since December last year due to tighter sanctions.
Manmohan Singh, who was Prime Minister of India from 2004 to 2014, has died at the age of 92. He is considered the architect of the country's economic liberalization and contributed to its unprecedented economic growth.
In Norway, a bus carrying foreign tourists went off the E10 highway and ended up in the water, killing three people. Among the passengers were citizens of 8 countries, 11 people were hospitalized, and the rescue operation is ongoing.
The Teamsters union has organized the largest strike in US history against Amazon over the company's refusal to negotiate labor contracts. The protest action began on December 19 with the participation of about 10,000 workers.
President Zelenskyy said that the United States and Europe could bring the end of the war closer if the EU has a united position. He called for the involvement of the Global South and supported the French initiative on the military contingent.
The wearables market shrank by 1% in the first three quarters of 2024. Huawei and Xiaomi are strengthening their positions, while Apple is losing its dominance in the smartwatch market.
The IEA predicts a historic high in coal use in 2024, despite climate warnings. China remains the largest consumer, using 4.9 billion tons of coal.
Russia's maritime oil exports fell to 3. 06 million barrels per day due to terminal repairs and sanctions pressure. Two-thirds of Russia's “shadow fleet” tankers are idle at ports due to tighter Western sanctions.
