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US imposes sanctions on two Russian oil firms, Moscow warns of global repercussions

📅 October 23, 2025 12:00 AM 🕐 Scraped: October 24, 2025

Summary: This special report focuses on two major developing stories: new US sanctions against Russian oil giants Rosneft and Lukoil announced by President Donald Trump, and Prime Minister Narendra Modi's decision to virtually attend the ASEAN summit in Kuala Lumpur. Trump stated that India has given him assurances regarding the reduction of Russian oil imports, a claim New Delhi has not confirmed, saying, 'India, as you know, has told me they are top to stop.' The sanctions, taking effect November 21st, pose a significant challenge to India, which imports about 36% of its crude from Russia. Concurrently, PM Modi's absence from the in-person ASEAN summit is being viewed as a move to avoid a tense encounter with Trump amidst trade frictions, raising questions about the future of India's 'Act East' policy and its diplomatic standing in the region, especially with China's expanding influence.

This edition of India Today Global focusses on two major development stories: new US sanctions against Rus

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October 23, 2025 at 12:00 AM

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