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US says Ukraine, Russia agree to ensure safe navigation in Black Sea

US says Ukraine, Russia agree to ensure safe navigation in Black Sea

by AIP Online Bureau | Mar 25, 2025 | Eco/Invest/Demography, International News, Policy

The White House said in a statement that Washington would help restore Russia’s access to the world market for agricultural and fertiliser exports and would continue facilitating talks on both sides in a bid toward achieving a sustainable peace The United States...

Govt says Russian oil suppliers must provide sanctions-compliant cargoes

by AIP Online Bureau | Feb 13, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management

Indian refining officials said they have told Russian oil suppliers and traders that the oil they sell should comply with parameters of the U.S. sanctions. “We don’t want to take risk. We are not going to touch any cargo that involves sanctioned entity or...

India set to reject oil tankers sanctioned by US for transporting Russian oil

by AIP Online Bureau | Jan 13, 2025 | Eco/Invest/Demography, Indian News, Non-Life, Policy, Regulation, Reinsurance, Risk Management

A senior Indian bureaucrat told reporters that sanctioned vessels won’t be allowed to discharge. That excludes ships chartered before Jan. 10, provided they unload by March 12. Indian banks will demand certificates of origin to ensure crude doesn’t come from...

Putin apologises to Azerbaijani counterpart for tragic plane crash incident

by AIP Online Bureau | Dec 28, 2024 | International News, Non-Life, Reinsurance, Risk Management

An official Kremlin statement issued on Saturday said that air defence systems were firing near Grozny airport as the airliner repeatedly attempted to land there on Wednesday. It did not explicitly say one of these hit the plane. Moscow: Russian President Vladimir...
Russian air-defense system downed Azerbaijan plane, sources say

Russian air-defense system downed Azerbaijan plane, sources say

by AIP Online Bureau | Dec 26, 2024 | International News, Risk Management, Technology

One of the Azerbaijani sources familiar with Azerbaijan’s investigation into the crash told Reuters that preliminary results showed the plane was struck by a Russian Pantsir-S air defence system. Its communications were paralysed by electronic warfare systems on...
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