At the 26th India-Russia Inter-Governmental Commission, External Affairs Minister S Jaishankar calls for urgent action to correct the widening trade gap and outlines a roadmap for deeper economic enga

New Delhi, India and Russia should come out with a creative and innovative approach to confront complex geopolitical challenges, External Affairs Minister S Jaishankar said on Wednesday amid increasing strains in New Delhi's ties with Washington over its purchase of Russian crude oil.

"The odds of a peace deal are rising, which would very likely lead to easing sanctions on Russian oil product,s moving global supplies to more of a surplus," Dennis Kissler of BOK Financial said in a note.

Russian diplomat Roman Babushkin, in a press briefing, laid out the red carpet for India to export its products to Russia amid punitive US tariffs while castigating Trump for humiliating its 'friends'.

The trade deal talks with EAEU were stalled in early 2022 after the Ukraine war. The grouping comprises Armenia, Belarus, Kazakhstan, Kyrgyz Republic, apart from Russia.

The ongoing Russia-Ukraine conflict serves as a pivotal laboratory for modern warfare, offering crucial strategic and tactical insights particularly relevant for India's national security

"They are reselling, they made $16 billion on excess profits - some of the richest families in India," he said

German Foreign Minister Johann Wadephul accused China of enabling Russia’s war in Ukraine by supplying vital goods and buying Russian oil and gas. His remarks in Tokyo came ahead of Trump, Zelenskyy,