US Rescinds Punitive Tariffs on India Following Shift in Russian Oil Imports

• Sunday, 8th February 2026
• by Samar Samir

US President Donald Trump has signed an executive order rescinding a 25% punitive duty on all imports from India, the White House announced on February 6. The move marks a significant de-escalation in trade tensions t...

Lukoil Faces Pressure as US Deadline Nears, Gunvor Deal Collapses

• Sunday, 9th November 2025
• by Fatma Ahmed

The international operations of the Russian energy group Lukoil are facing mounting pressure after a planned sale of assets to Swiss trader Gunvor collapsed, just ahead of a US deadline for companies to halt business ...