Despite Western pressure and potential sanctions, India and China’s demand for Russian crude oil remains strong, according to Vortexa. Russian crude maintains a significant, price-competitive presence in these markets.

The Ministry of External Affairs (MEA) on Friday welcomed the formation of an interim government in Kathmandu led by former Chief Justice Sushila Karki.

The U.S. Treasury on Friday called on Group of Seven and European Union allies to impose “meaningful tariffs” on goods from China and India to halt their purchases of Russian oil.