It’s been able to do so in part thanks to record oil and gas revenues, as it has filled a supply gap during the energy crisis triggered by Russia’s 2022 invasion of Ukraine. In 2022 alone, hydrocarbon sales generated roughly $150 billion for its national coffers,

Vice President JD Vance said Sunday that Russia has made "significant concessions" in talks to end its war with Ukraine but didn't rule out imposing more sanctions to pressure the Kremlin toward peace.

India will continue buying oil from "wherever they get the best deal," Delhi's ambassador to Russia, Vinay Kumar, told Russian state-owned news.

India's purchase of Russian oil has become a sore spot in its previously friendly relations with the US.

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