India saw an almost four-fold increase in the number of Russian flagged vessels docking at its ports between March and July, a maritime analytics provider said. This file photo by Reuters shows a PDVSA oil tanker.
Six Russian cargo vessels and at least one oil tanker sanctioned by the US for their history of transporting weapons for Moscow or oil from Iran docked in India over the past month, according to a report by Foreign Policy, which cited Jack Margolin, a programme director with the Center for Advanced Defense Studies, a non-profit group that tracks sanctions compliance and illicit networks.
The news highlights the difficulty the US faces for sanctions compliance when a key ally such as India also has deep ties to Russia, which has supplied the bulk of its military equipment, the report said.
Read the full report: Foreign Policy.
Samsung, which launched its latest flagship smartphone Galaxy S24 series at the beginning of the…
The bloc’s solar panel manufacturers have been struggling to compete with their Chinese competitors as its members…
Elon Musk’s firm has seen its stock fall by about 31% so far this year…
Scholz pressed his case for an open and fair European market for Chinese cars but…
The tech trade battle between Washington and Beijing has created a window of opportunity for…
Escalating tensions in the Middle East put pressure on equities while gold and the US…