India’s state-run refiner, Hindustan Petroleum Corporation (HPCL), has bought two million barrels of Russian oil for loading in May, as the country’s refiners step up efforts to secure crude from Moscow at a discount, regional media reported on Thursday.
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It will take the country’s economy until 2024 to adapt to the new conditions, according to the regulator The Russian economy is entering a phase of large-scale restructuring, which will be accompanied by a temporary rise in inflation, the Bank of Russia said in a statement on Friday.
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France’s president has said he stands by his 2019 characterization of NATO as ‘brain dead’ Russia’s ongoing military offensive in Ukraine has delivered an “electroshock” to NATO, France’s President Emmanuel Macron said during a press conference on Thursday. The remark came in response to a journalist’s question regarding the president’s 2019 characterization of the military…
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