India’s days of buying cheap Russian oil may be over, as sweeping U.S. sanctions against Russian energy companies and oil transporters could complicate imports and lead to inflation. With 40% of its oil imports coming from Russia, India could face a potential oil shock due to the sanctions on 183 oil tankers transporting Russian crude. The impact is expected to be largest in India, as the country relies heavily on Russian oil and may struggle to find alternative sources.
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Powerful 8.8-magnitude earthquake causes tsunami in Russia’s Far East – with warnings issued for Japan, Hawaii and Alaska | World News
A powerful 8.8-magnitude earthquake off Russia's Kamchatka Peninsula triggered a 4-meter tsunami, causing evacuations and damage, with injuries reported in the region. Tsunami warnings have been issued for Japan, the Philippines, Hawaii, and parts of Alaska, while aftershocks are expected for the next month, prompting alerts in coastal areas as far as New Zealand. Want More Context? 🔎
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