Daily Memo: India Cautious With Russia, GCC-Central Asia Summit

New Delhi is seeking alternatives as Russia's crude discount shrinks.

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Guns and oil. Indian and Russian defense officials met in Delhi to discuss spare parts and maintenance for India’s arsenal of Russian defense equipment. Russia’s invasion of Ukraine and foreign sanctions have disrupted deliveries of supplies to India, but Indian media say the situation is improving. In other news, India is reportedly negotiating with Iraq […]

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