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Several Chinese refiners start shunning Russian oil after US sanctions: Bloomberg

By
IFP Media Wire
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The Trump administration imposed sanctions against Russian oil giants Lukoil and Rosneft on Oct. 22, aiming to pressure Moscow into accepting a ceasefire in Ukraine.

The measures freeze the companies’ U.S. assets and pave the way for secondary sanctions against foreign institutions that handle transactions with those on the blacklist.

After the sanctions, state-owned Chinese refiners, such as Sinopec and PetroChina Co., have canceled some Russian cargos, and smaller private refiners are also holding off on purchases, according to Bloomberg.

The situation affects approximately 400,000 barrels per day, representing around 45% of China’s oil imports from Russia, the news agency reported, citing the Rystad Energy consultancy.

China has become one of the leading buyers of Russian oil after the outbreak of the full-scale war in Ukraine, taking advantage of steep discounts as Moscow sought new markets.

While claiming neutrality in the war, Beijing is seen as crucial in keeping Russia’s economy afloat amid the invasion.

Other buyers have reportedly begun shunning Russian crude following the imposition of fresh Western sanctions. Reuters reported on Nov. 2 that Turkey’s largest oil refineries are scaling back purchases of Russian oil and turning to alternative suppliers.

Russian oil exports to India raise despite US sanctions: Reuters

By
IFP Media Wire
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Kpler estimated India’s Russian crude imports at about 1.48 million barrels per day (bpd) in October, up from 1.44 million bpd in September. OilX gave similar figures – 1.48 and 1.43 million bpd for October and September, respectively. The data exclude Kazakh-origin oil exported via Russia, the news agency added.

The US imposed sanctions on Russian oil giants Rosneft and Lukoil and their subsidiaries in late October. At about the same time, the EU then officially implemented its 19th package of sanctions against Moscow, targeting over 117 vessels from what Brussels claims is a Russian “shadow fleet,” as well as additional individuals and entities.

Earlier this year, US President Donald Trump imposed a 25% punitive tariff on India, citing New Delhi’s purchases of Russian oil as the reason. The tariff was on top of an existing 25% levy imposed as a part of ‘Liberation Day’, when the two countries failed to reach a trade agreement. The US president accused India and China of contributing to the Ukraine conflict by buying Russian crude.

New Delhi is analyzing the effects of new sanctions on Russian oil majors Rosneft and Lukoil and will act based on how the situation develops, Foreign Ministry spokesman Randhir Jaiswal said on Thursday.

India’s private refiner Reliance has bought millions of barrels from the spot markets since the US sanctions were introduced, Reuters claimed.

India, the world’s third largest oil consumer, has substantially increased its crude imports from Russia since 2022. As of September, Russia accounted for 34% of India’s total imports, based on data from Kpler.

In response to the sanctions, key Indian refiners have temporarily halted new orders and are instead seeking alternative supplies in spot markets, Reuters claimed. Other refiners such as state backed Indian Oil Corporation states they will continue purchasing oil from Russian producers that have not been sanctioned.

 

Qatar warns to cut gas supply to Europe

By
IFP Media Wire
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The Corporate Sustainability Due Diligence Directive (CSDDD) requires large companies to fix the “adverse human rights and environmental impacts” of their supply chains worldwide.

The law was backed by a broad coalition of European politicians including the left and the greens as well as centrists, including some centre-right lawmakers.

But from the outset the rules have also been attacked as too burdensome for businesses.

“If Europe does not look at how they can water down or cancel the CSDDD, and still have a penalty of 5 percent of our total world turnover as a penalty, we will not be delivering LNG to Europe, for sure,” Qatar Energy Minister Saad Al-Kaabi stated.

Qatar is one of the world’s top LNG producers alongside the United States, Australia and Russia.

Demand has grown from European countries for the Persian Gulf state’s gas since Russia’s 2022 invasion of Ukraine threw supplies into doubt.

In recent months Qatar has inked LNG deals with France’s Total and Italy’s Eni as well as India’s Petronet and China’s Sinopec.

“All our partners and colleagues… know that, we in Qatar, have had the same policy and view on how we see the business, how we see the transition, how we see the need for oil and gas for the future, and that has not changed,” the minister told an Abu Dhabi petroleum conference.

The text of the CSDDD was proposed by the European Commission in 2022 and was adopted in April 2024 is yet to come into force.

 

Saudi Crown Prince to meet Trump on Nov 18: White House

By
IFP Media Wire
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The visit comes as Trump pushes Saudi Arabia to join the list of nations that have joined the Abraham Accords. In 2020, Trump reached deals with United Arab Emirates, Bahrain, Sudan and Morocco to normalize relations with Israel.

The Saudis have been hesitant to join in the absence of steps toward Palestinian statehood.

Trump told CBS’ “60 Minutes” in an interview broadcast on Sunday that he believed the Saudis would ultimately join the accords.

Trump and bin Salman may also discuss a U.S.-Saudi defense deal. The Financial Times reported two weeks ago that there were hopes the two countries could sign such an agreement during bin Salman’s visit.

A senior Trump administration official told Reuters that “there are discussions about signing something when the crown prince comes, but details are in flux.”

The Saudis have sought formal U.S. guarantees to defend the kingdom as well as access to more advanced U.S. weaponry.

Saudi Arabia is one of the largest customers for U.S. arms, and the two countries have maintained strong ties for decades based on an arrangement in which the kingdom delivers oil and Washington provides security.

During Trump’s visit to Riyadh in May, the United States agreed to sell Saudi Arabia an arms package worth nearly $142 billion.

 

Chancellor invites Syrian president to Germany to discuss deportations

By
IFP Media Wire
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Ahmad Al Sharaa

“We will, of course, continue to deport criminals to Syria. That is the plan. We will now implement this in a very concrete manner,” Merz told reporters on Monday.

Germany also wants to help stabilise the country, he said, adding that he intends to discuss with Sharaa “how we can solve this together”.

Merz’s conservative predecessor Angela Merkel oversaw a historic open-doors policy towards refugees 10 years ago, welcoming some 1 million migrants to Germany, many of them Syrians fleeing the war.

Since then, support for the far right has surged and the conservative CDU party under Merz has pursued a far tougher line on border security and migration, pledging to speed up deportations.

“I will say it again: the civil war in Syria is over. There are now no longer any grounds for asylum in Germany,” Merz stated.

Since seizing power from former President Bashar al-Assad in December 2024, Sharaa has made a series of foreign trips as his transitional government seeks to re-establish Syria’s ties with world powers that had shunned Damascus during Assad’s rule.

He is expected to visit Washington in early November.

Iranians hold nationwide rallies to mark Day of Fight Against Global Arrogance, National Student Day

By
IFP Editorial Staff
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The annual observance coincides with the anniversary of the 1979 takeover of the US Embassy in Tehran, an event that came to symbolize Iran’s resistance to American influence following the Islamic Revolution.

In Tehran, participants gathered at Palestine Square before marching toward the former US Embassy — now known as the “Den of Espionage.”

Demonstrators chanted anti-US slogans and carried banners criticizing Washington’s foreign policies and expressing solidarity with the Palestinian people amid the Israeli aggression in Gaza.

Organizers said the message reflects enduring resentment over decades of political and economic confrontation between the two countries.

Cultural and educational displays were set up along the march route by student and community groups to depict “the true meaning of arrogance” in international politics.

On November 4, 1979, Iranian students stormed the US Embassy in Tehran, slamming the American diplomats for plotting to undermine the nascent Islamic Republic. Documents later released by the students revealed that the mission had been used to coordinate espionage and efforts to restore US influence in Iran.

Iran showcases military innovations at Pakistan Maritime Expo

By
IFP Editorial Staff
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Zarif calls on US to abandon illusion of Iran’s unconditional surrender

By
IFP Editorial Staff
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Javad Zarif

Zarif was speaking at the 63rd Pugwash Conference in Hiroshima.

He stressed that he was speaking not in any official capacity but as a private individual, a professor, and the founder and president of the non-governmental PAIAB Institute, dedicated to designing and building an inspiring future.

Zarif voiced hope for collective efforts to create a safer and more humane world.

Reflecting on the setting of Hiroshima, nearly eighty years after the first, and hopefully last, use of nuclear weapons, Zarif described the city as both a symbol of human folly and resilience.

He further noted the irony that the same countries now falsely accusing Iran of seeking nuclear weapons once supported Saddam Hussein during his war against Iran by arming him, including with chemical weapons, and ignoring his crimes.

Kremlin says ‘no need’ for Trump-Putin summit

By
IFP Media Wire
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“Hypothetically speaking, (a meeting) is possible, but at this point there is no need for it,” Peskov told the Russian state news agency TASS.

“There is a need for very painstaking work on the details of the (peace) settlement issue.”

When Putin called Trump on Oct. 16, the U.S. leader stated that he would meet Putin in Budapest and talked about “progress” being allegedly made in peace talks.

However, the plans for a Putin-Trump meeting were shelved on Oct. 21, with the U.S. president saying that he did not want a “wasted meeting” with Putin. He said that a key problem was Moscow’s refusal to cease fighting along the current front line.

Trump went even further on Oct. 22, when he imposed sanctions on Russia’s two largest oil companies, Rosneft and Lukoil.

On Oct. 23, White House Press Secretary Karoline Leavitt said a Trump–Putin summit remained “not completely off the table.”

Putin’s special envoy Kirill Dmitriev claimed on Oct. 24 that Russia and Ukraine were close to reaching a deal to end the war with U.S. mediation.

The claim contradicts Moscow’s actual stance, as Russia continues to reject any compromise and insists on its maximalist demands, including Ukraine’s surrender of the entire Donetsk Oblast as a precondition for peace.

Trump also noted on Oct. 25 that he did not plan to meet Putin unless he saw a clear path to a peace agreement between Russia and Ukraine.

“We’re going to have to know that we’re going to make a deal,” Trump told reporters aboard Air Force One.

“I’ve always had a great relationship with Vladimir Putin, but this has been very disappointing,” he added.

 

Iran’s Leader: Dispute with US inherent, not tactical

By
IFP Editorial Staff
-

Addressing thousands of students and academics ahead of National Student Day and the anniversary of the 1979 US Embassy takeover in Tehran, Ayatollah Khamenei said the long-standing tensions stem from a “clash of interests and nature,” not from slogans such as “Death to America.”

“The US hostility toward the Iranian nation began long before 1979. It started with the 1953 coup against the government of Mohammad Mossadegh,” he said, referring to the US-, and UK-engineered coup against the democratically-elected prime minister of Iran.

“Our conflict with America is not tactical or situational; it is rooted in the nature of their hegemonic behavior and our independence.”

Ayatollah Khamenei described the takeover of the US Embassy in 1979 as both a “day of pride” and a “historic revelation” that exposed the “true face of the arrogant American government.”

He urged that the event be preserved in Iran’s national memory, calling it a defining moment for the identity of the Islamic Revolution.

Criticizing American interventionism, the Leader said Washington continues to impose its will on other nations through military and economic pressure.

“If the US genuinely seeks dialogue, it must first abandon its backing of the Zionist regime, remove its bases from the Middle East, and end its interference in regional affairs,” he said.

Undermining the US-led Western sanctions, Ayatollah Khamenei emphasized that Iran’s path to progress lies in strengthening its domestic capabilities rather than relying on foreign powers.

“The solution to many problems is to become stronger, in management, science, defense, and national motivation,” he said, urging the government, armed forces, and youth to act decisively toward self-reliance and innovation.

He also called on students to enhance their political and historical awareness, accelerate scientific advancement, and preserve moral and religious values. “A strong and faithful youth is the real shield of this nation,” he noted.

Ayatollah Khamenei concluded that Iran’s independence and strength would ensure its security, adding, “No power can bring this nation to its knees.”

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