Gold Prices Surge on U.S.-Iran Ceasefire Reports 
Japan's Private Sector Growth Slows in March Amid Rising Costs and Middle East Uncertainty 
Iran-U.S. Negotiations: Tehran Reviews American Peace Proposal Amid Ongoing Gulf Conflict 
Iran Demands Lebanon Be Part of Any Ceasefire Deal With Israel and the U.S. 
FEMA Reinstates $1 Billion Disaster Prevention Grant Program After Court Order 
Iran-Israel Missile Strikes Continue Amid Mixed Signals on U.S.-Iran Diplomacy 
WTO Reform Talks Begin in Cameroon Amid Global Trade Tensions 
Russia Strikes Kharkiv and Izmail as Cross-Border Drone War Escalates 
Cuba Receives Humanitarian Aid Convoy Amid U.S. Sanctions 
Trump Seeks Quick End to U.S.-Iran Conflict Amid Ongoing Middle East Tensions 
Australia-EU Free Trade Deal Signed After Years of Negotiations 
Asian Markets Rally as Oil Prices Tumble and Middle East Peace Hopes Emerge 
U.S. Futures Slide as Iran Denies Nuclear Talks with Washington 
Trump Says Iran Offered Major Energy Concession Amid Ongoing Negotiations 
U.S. Dollar Weakens as Trump Signals Iran Deal Possibility 
Western nations have intensified pressure on Russia’s oil exports amid the ongoing war in Ukraine, with U.S. President Donald Trump asserting that India will cease buying Russian crude and Britain imposing sweeping sanctions on major Russian and Chinese energy firms. Ukrainian President Volodymyr Zelenskiy is set to meet Trump in Washington on Friday to seek greater military and energy support as both Kyiv and Moscow escalate attacks on critical energy infrastructure.
India, one of Russia’s top oil buyers alongside China, is reportedly preparing to scale back its imports, though officials say no formal directive has been issued. According to trade data, Russia currently supplies about 36% of India’s oil—roughly 1.75 million barrels per day. However, traders anticipate a gradual decline in purchases starting December, following U.S. pressure and ongoing trade negotiations that have already seen Washington double tariffs on Indian goods.
Trump told reporters that Indian Prime Minister Narendra Modi assured him India would stop purchasing Russian oil, calling it “a big step” and adding that the U.S. would next urge China to do the same. Yet, India’s foreign ministry denied knowledge of any such conversation, emphasizing continued discussions on energy cooperation with the United States.
Meanwhile, Britain announced sanctions on Russian oil giants Lukoil and Rosneft, as well as Chinese firms Shandong Yulong Petrochemical and several port operators linked to Russian energy imports. The sanctions also target 51 ships, including LNG tankers and Russia-owned refinery Nayara in India. Moscow’s embassy in London condemned the sanctions, warning they would destabilize global markets without altering Russia’s policies.
Despite international restrictions, Russian officials remain confident. President Vladimir Putin said oil output would only dip slightly this year, while Deputy Prime Minister Alexander Novak reaffirmed ongoing cooperation with India.
