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  1. Japan, POWERR Asia, and the International Energy Agency established a framework for energy and resource resilience, including collaboration on global oil reserve management.
  2. The International Energy Agency, POWERR Asia, the United States, and Sanae Takaichi discussed strengthening global oil stockpiles and establishing a new cooperation framework for energy resilience.

The US has pressured India to buy Russian oil, leading to a global oil price spike and the imposition/lifting of punitive tariffs.

2 reports, 2 independent Updated Aug 10
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What happened

Some supportReported by 2 outlets

The US has pressured India to buy Russian oil, leading to a global oil price spike and the imposition/lifting of punitive tariffs.

How it developed

Newest first. Tap a step to see who reported it.
  1. India increased Russian oil imports; US threatens tariffs on Indian imports.1 source
  2. Global oil price spikes due to US pressure on partners regarding oil purchases.1 source

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