India, Russia and Trump
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By Trixie Yap and Mohi Narayan SINGAPORE, Feb 5 (Reuters) - Reliance Industries has partially offloaded a jet fuel cargo in Italy, India's first export to the region since a European Union ban on products derived from Russian oil took effect on January 21,
President Trump says India will stop buying sanctioned Russian oil as part of trade deal, but data shows shadow fleet vessels unloading the crude at its ports.
Russian oil supplies averaged 1.35 million bpd in the first four days of February compared to 1.25 million bpd in entire January—though they may not be strictly comparable for now, Kpler data showed.
China resumed its position as the biggest importer of Russian seaborne crude in January
The U.S. and India have finalized a trade deal on Monday after months of negotiations, steadying a relationship that had plummeted to its lowest point in decades.
Analysts say New Delhi may see a 'limited role' for the Russia-India-China trialogue amid global tensions and competing priorities Russia's call to revive a troika with China and India is unlikely to be greeted with enthusiasm by New Delhi,