Russia remained the largest exporter of oil to India and China in June, data from the latest Oil Market Report by the Organization of the Petroleum Exporting Countries (OPEC) showed on Thursday. According to OPEC’s calculations, Russia accounted for almost 20% of China’s total oil imports in the reporting period, retaining the title of the…

Years of Western mistakes are hurting the world economy, the Russian president said Western nations have mismanaged the global economy, and the entire world is now paying the price for their incompetence, Russian President Vladimir Putin said on Monday. He made the claim during an address ahead of the St. Petersburg International Economic Forum (SPIEF).

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