"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 ...
Introduction The All India Football Federation (AIFF) is the governing body for football in India, responsible for the administration, organization, and promotion of the sport within the country. FIFA, on the other hand, is the Fédération Internationale de Football Association, the global governing body for football that oversees the sport's regulation and development worldwide. The relationship between AIFF and FIFA is significant, as it dictates India's participation in international football events and influences the development of the sport within the nation. Historical Background: The connection between AIFF and FIFA can be traced back to India's early involvement in international football. India's national team played its first international match in 1938 and subsequently became a FIFA member in 1948, just after India gained independence from British colonial rule. This historical context demonstrates the early importance of the AIFF's affiliation ...