World
India says it’s in talks with Russia about increasing oil imports.
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India is in talks with Moscow about rising oil imports from Russia in an effort to maintain spiraling costs in verify, India’s petroleum minister informed Parliament this week. The transfer comes as New Delhi can be striving to protect its relationship with Moscow, its largest provider of weapons, at a time when India faces an aggressive China on its borders.
“I actually have had a dialog with the suitable ranges of the Russian federation,” Hardeep Singh Puri, India’s minister of fuel and petroleum, informed lawmakers on Monday. He mentioned the problems being mentioned included insurance coverage, freight, and cost preparations.
India is dependent upon imports for about 80 % of its oil wants, with 3 % of that coming from Russia. India’s oil and petroleum imports from Russia quantity to just about $1 billion, Alexander Novak, Russia’s deputy prime minister, mentioned in a press release on Friday.
Reuters reported earlier that Indian officers had been in talks with Russia to import crude oil at a reduced value and that one among India’s essential refineries had purchased hundreds of thousands of barrels from the dealer Vitol to be delivered in Might.
Mr. Novak, after a name with Mr. Puri, mentioned that Moscow was “keen on additional attracting Indian funding to the Russian oil and fuel sector and increasing Russian firms’ gross sales networks in India.”
As a lot of the world has shunned Russia and tightened financial sanctions in opposition to it since its invasion of Ukraine, India has performed a difficult balancing act, concurrently working with Ukraine and its Western allies whereas stopping in need of voting in opposition to Russia in worldwide boards.
India has not supported the penalties. However prospects of the US’ fury if it offers with Russian entities below sanctions however cling over the commerce between New Delhi and Moscow. The comparatively small measurement of their commerce — about $9 billion a yr, lower than one-tenth of Russia’s commerce with its largest buying and selling associate, China — is such that even when India helped Russia evade a number of the sanctions, it might not quantity to sizable aid to Moscow.
On oil, Indian officers appear to be navigating an evolving grey space and drawing on previous expertise of preparations with Moscow the place commerce continued in native currencies. Whereas the US has banned Russian oil imports, the European Union has stopped brief — issuing sanctions in opposition to particular firms with out banning the acquisition of Russian oil.
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World
Middle East Crisis: Critically Ill Children Allowed to Leave Gaza for First Time Since May
Sixty-eight people, including sick and injured patients and their escorts, crossed the border to get treatment, the Israeli military said. The evacuation was carried out in coordination with the U.S., Egypt and the international community.
World
Taiwan issues travel advisory after China vows to execute independence supporters
![Taiwan issues travel advisory after China vows to execute independence supporters](https://static.foxnews.com/foxnews.com/content/uploads/2024/05/xi_jinping.jpg)
The Taiwanese government warned its citizens not to travel to mainland China on Thursday after Beijing threatened to execute residents who support the island’s independence.
Taiwan’s Mainland Affairs Council spokesman Liang Wen-chieh issued the warning during a routine press conference. The Chinese government announced a new policy targeting “separatists” last week, and said it would pursue the death penalty for “diehard” supporters of Taiwanese independence.
“I want to stress: Democracy is not a crime; it’s autocracy that is the real evil. China has absolutely no right to sanction Taiwan’s people just because of the positions they hold. What’s more, China has no right to go after Taiwan people’s rights across borders,” Taiwan President Lai Ching-te said Wednesday.
“I also want to call on China to face up to the existence of the Republic of China and have exchanges and dialogue with Taiwan’s democratically elected, legitimate government,” he said, using Taiwan’s formal name. “If this is not done, relations between Taiwan and China will only become more and more estranged.”
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The Taiwanese government warned its citizens not to travel to mainland China on Thursday after Beijing threatened to execute residents who support the island’s independence. (AP Photo/Chiang Ying-ying)
China has long considered Taiwan to be its territory, and Chinese President Xi Jinping has threatened to take the island by force in recent years.
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China’s Taiwan Affairs Office clarified on Wednesday that the threat of execution applies only to a small number of Taiwanese independence “diehards’ evil words and actions.”
![Xi Jinping](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2024/05/1200/675/xi_jinping.jpg?ve=1&tl=1)
China has long considered Taiwan to be its territory, and Chinese President Xi Jinping has threatened to take the island by force in recent years. (Szilard Koszticsak/MTI via AP)
The move is the latest escalation of tensions between Taipei and Beijing. Recent months have also seen China conduct extensive military drills surrounding the island. China has used the drills as intimidation, typically following events connecting the U.S. and Taiwan.
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China first conducted live-fire drills in 2022 after then-House Speaker Nancy Pelosi. D-Calif., traveled to Taiwan. It was the first time a U.S. speaker visited the island in over 25 years.
![Chinese soldier looking through binoculars with a military ship in the background](https://a57.foxnews.com/static.foxnews.com/foxnews.com/content/uploads/2022/08/1200/675/Taiwan-China-Military-Exercises-2.jpg?ve=1&tl=1)
Recent months have also seen China conduct extensive military drills surrounding the island, typically following events connecting the U.S. and Taiwan. (Lin Jian/Xinhua via AP)
Beijing’s execution threat comes just days after the U.S. approved the sale of $360 million in drones, missiles and other equipment to Taiwan.
Reuters contributed to this report.
World
Serbian police shut down cultural exchange festival with Kosovo
![Serbian police shut down cultural exchange festival with Kosovo](https://static.euronews.com/articles/stories/08/53/59/96/1200x675_cmsv2_0bfb757c-8481-503b-8547-5b03b8feb345-8535996.jpg)
The festival ban comes a day after the EU Foreign Policy chief Josep Borrell said no progress had been made during talks in Brussels towards implementing an EU-backed agreement towards normalising ties between Belgrade and Pristina.
Serbian police have banned a festival that promotes cultural exchange with Kosovo following a rally by far-right protesters outside the venue.
In a statement, Belgrade police cited security concerns as the reasons for stopping the event from going ahead, saying they wanted to prevent ‘danger to the security of people and property and to public peace and order on a larger scale.’
The police statement also said that the anti-festival protest, which saw several dozen right-wing extremists gather outside the festival venue, waving Serbian flags and banners saying ‘No surrender’, had also been banned.
Several Serbian government officials have sharply criticised the festival in recent days, describing it as anti-Serb.
While the festival has been held alternatively in Serbia and Kosovo for the past decade, this year’s ban in Serbia illustrates a general toughening of the government’s stance toward its critics.
The Mirëdita, dobar dan festival, whose name means ‘hello’ in Albanian and Serbian, is organised by youth groups from Serbia and Kosovo and was due to open on Thursday with a theatre show from Kosovo.
According to the festival’s website the event, which was due to run for two days, aims to ‘enrich regional perspectives and foster cooperation and peacebuilding’.
No progress
The festival ban came a day after the EU Foreign Policy chief Josep Borrell said no progress had been made during talks in Brussels towards implementing an agreement between Belgrade and Pristina.
Serbian President Aleksandar Vučić and Kosovo’s Prime Minister Albin Kurti had met to discuss an EU-backed plan to normalise ties. However, unresolved issues, including Pristina’s demands that Belgrade hands over the suspected organisers of the Banjska attack, blocked further progress.
Speaking after the meetings, Borrell said that the European Union will continue to exert all its efforts and capacity to normalise relations between Belgrade and Pristina.
“Kosovo was not ready for this, Kosovo was not willing to do this trilateral meeting. Serbia was ready to do it, but you need two to dance tango and we need two to sit around the table in order to continue the dialogue,” Borrell added.
Borrell said on Wednesday ahead of the meeting that a new round of dialogue between Belgrade and Pristina would “hopefully send a different message and end in a different note.”
Brussels has warned both Belgrade and Pristina that refusal to compromise jeopardises Serbia and Kosovo’s chances of joining the bloc.
Kosovo, a former Serbian province, declared independence in 2008, a move Belgrade does not recognise.
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