Assistant Secretary for Economic Policy of the United States Department of Treasury, Eric Van Nostrand, praises the implementation of a price cap on Russian oil. He acknowledges India’s stake in the Russian oil trade and the goal of maintaining global oil supply. The US and the price cap coalition have successfully constrained Russia’s options to sell oil to other countries.
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Moscow is in mourning after a deadly terror attack claimed the lives of 133 people, making it the deadliest attack in decades. Russian President Vladimir Putin has blamed Ukraine for the attack, while the United States has strongly condemned it. The Islamic State has claimed responsibility, further escalating tensions in the region amid ongoing conflict.
The recent invasion of Ukraine and its occupancy by Moscow have been reasoned by Russian politics henchmen, according to the new foreign policy doctrine approved by Vladimir Putin on Monday. The policy ‘Russian World’ aims to “protect”, “safeguard” and “advance its ideals”; while taking in consideration to seek cooperation from China and India; alongside strengthening bonds with Latin America, West Asia and Africa. The treatise is being exercised as logical reasoning by conservative Russian policy abiders.
