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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: OrmontUS   😊 😞
Number: of 4460 
Subject: India to stop buying Russian oil
Date: 10/15/25 6:40 PM
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We'll see if this holds water

Jeff

kyivpost.com: Trump Claims Modi Promised to Halt Russian Oil Purchases

US President Donald Trump told reporters on Wednesday that Indian Prime Minister Narendra Modi has promised him that India will stop buying Russian oil.

“So I was not happy that India was buying oil, and [Modi] assured me today that they will not be buying oil from Russia,” Trump said in the Oval Office. “That’s a big step. Now we’re going to get China to do the same thing.”

Trump said that India would not be able to stop the purchases “immediately,” noting that “it’s a little bit of a process,” but indicated that “the process is going to be over with soon.”

Modi supposedly made the commitment during a Wednesday meeting which had previously been undisclosed.

If confirmed by Delhi, the move would mark a major diplomatic triumph for Trump’s campaign to pressure Vladimir Putin into ending the war in Ukraine, and could reshape the balance of global energy diplomacy.

According to trade data previously reported by Reuters, India has emerged as the top buyer of seaborne crude from Russia, sourcing roughly 35 percent of its total crude needs from Moscow.
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