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flag Trump claims India halted Russian oil buys and imposes new sanctions on Rosneft and Lukoil, sparking a 5% rise in global crude prices.

flag President Trump claimed India has completely stopped buying Russian oil and said new U.S. sanctions target Russian firms Rosneft and Lukoil, asserting these actions could pressure Russia to end its war in Ukraine. flag Speaking ahead of a summit with Chinese President Xi Jinping in South Korea, Trump expressed hope for a major trade and technology agreement with China, while raising concerns over fentanyl and agricultural trade. flag His claims about India’s oil purchases were not independently verified, and India has previously denied reducing its Russian oil imports, maintaining that its energy policy serves national interests. flag Global crude prices rose nearly 5% after the sanctions announcement.

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