"India's Efforts to Secure Affordable Russian Oil Amid Tightening Sanctions" India’s state-owned refiners are expediting payments for Russian crude oil to complete transactions before expanded US sanctions take effect. These refiners now settle payments within two days instead of the usual five, aiming to secure discounted Russian oil while navigating an increasingly restricted global trade environment. The urgency stems from Washington's announcement of stricter sanctions targeting Russia’s oil industry, which are set to take effect next month. Refiners are keen to ensure transactions are completed during the “wind-down” period allowed for pre-sanctioned cargoes. At least 4.4 million barrels of Russian oil are en route to Indian ports like Jamnagar, Chennai, Paradip, and Visakhapatnam. Among these shipments is the tanker Mercury , carrying over 1 million barrels of Russian Urals crude, expected to arrive in Paradip soon. This vessel loaded its cargo in mid-December ...
India Clinches Second T20 World Cup Title with Thrilling Victory Over South Africa In a nail-biting final that had cricket fans on the edge of their seats, India emerged victorious against South Africa, winning by a narrow margin of 7 runs to claim their second T20 World Cup title. This momentous win marks a significant achievement for India, ending a 13-year drought in ICC events and securing their first T20 World Cup since 2007. Match Highlights The match, held at a packed stadium, showcased high-quality cricket with stellar performances from both sides. India, batting first, set a target of 177 runs, finishing at 177-8. South Africa, in response, managed to score 169-8, falling just short despite a valiant effort. India’s Innings: Key Contributions India’s batting lineup faced a formidable South African bowling attack with determination and skill. Key contributions came from several players, ensuring India reached a competitive total. Virat Kohli, playing his final T20 match for Ind...