Nigeria, India target $15bn trade revival as Modi seeks renewed crude purchases
Nigeria and India have agreed to work towards restoring bilateral trade to its previous peak of nearly $15 billion, with India seeking to resume stronger crude oil purchases from Nigeria. The commitment was reached during a bilateral meeting between Vice President Kashim Shettima and Indian Prime Minister Narendra Modi on the sidelines of the BRICS […] The post Nigeria, India target $15bn trade…
The US House of Representatives is set to vote on a Russia Sanctions Bill amendment that includes India among 10 countries potentially facing 100% tariff on Russian oil trade. This amendment, introduced by Democratic Congressman Steny Hoyer, marks a shift from the Senate's version, which avoided naming specific countries. If passed, India would become the first country to be named explicitly in the bill's text.
The broader legislation aims to impose sanctions on Russia's leaders and energy sector, as well as on vessels aiding Moscow in evading existing oil sanctions. However, not all lawmakers support the tariff plan, with some proposing amendments to limit the President's authority or allocate funds to Ukraine. The bill's fate now rests on whether the amendments survive the House process before it can be sent to the President for signature.
Written by urgent.news from The Indian Express's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
