"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 ...
France finds itself at the forefront of political change as Gabriel Attal, a youthful figure at just 34, assumes the mantle of prime minister, etching his name in history as the youngest to hold this esteemed position in modern times. Known for his close ties with President Emmanuel Macron, Attal's popularity, as reflected in numerous polls, played a pivotal role in his appointment. What sets this transition apart is not just Attal's age but also his status as the first openly gay prime minister, exemplifying France's commitment to embracing diverse leadership. The timing of Attal's rise to power is particularly significant, coming on the heels of the resignation of Elisabeth Borne. His immediate responsibilities include addressing the aftermath of recent government controversies and a prompt visit to the flood-affected Pas-de-Calais region, showcasing a hands-on approach to governance. Macron's strategic choice of Attal, a relatively fresh face in high-profile role...