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The Quad will not name China, the G20 will not pose

Four Quad ministers in Atlanta recorded grave concern about economic coercion, arbitrary export restrictions and non-market policies that generate overcapacity, and left the country those words describe unnamed. In the same city on the same weekend, the G20 ended without a common declaration and without an official photograph, because European officials refused to stand beside Sergei Lavrov.

1 Nov 2026
Wire

The US Treasury on Wednesday sanctioned India-based Suniel Kumar Sharma, his wife Jaspreet Preeti Shahid, two other Indian citizens who head two of the couple’s businesses and nine entities connected to Sharma, a network that the department said provided false flags and certifications to sanctioned vessels carrying Iranian petroleum, including vessels operating on behalf of the Iranian military and its proxies. Treasury said the scheme operated from Chandigarh and purported to represent nations from nearly every continent, from Guyana to Eswatini and Laos. The department also sanctioned Turkey-based Fugo Group Services Inc for its ongoing support of Iran’s aviation sector. The measures are part of “Operation Economic Outcast,” which aims to cut off Iran’s ability to sell oil to fund the war.

A tanker was struck by two unidentified projectiles northeast of Lima, Oman, according to the United Kingdom Maritime Trade Operations (UKMTO), which said in its first update that no casualties or environmental impact had been reported. India’s foreign ministry said an unidentified aerial object struck a commercial ship off Oman on Monday and killed an Indian national; 13 other people were rescued, according to the ministry. Over the eight months of the US and Israeli war on Iran, about two dozen seafarers have been killed in attacks on more than 120 commercial ships in Hormuz.

Indo-Tibetan Border Police (ITBP) Director General Shatrujeet Kapur said Indian and Chinese troops confronted each other at several locations along the de facto border in Arunachal Pradesh and that the standoff continues, in remarks to reporters last month. “In the past few days, a situation arose where a face-off happened” with Chinese troops at various locations in Arunachal, he said. Arunachal Pradesh Chief Minister Pema Khandu acknowledged the transgressions but downplayed the episode, saying such incidents were not new and the situation along the border was normal. External Affairs Ministry spokesperson Randhir Jaiswal attributed the incidents to Chinese actions.

The Indian Navy freed the fishing vessel Azini from armed pirates and rescued all 20 crew members without casualties or injuries, in an operation spanning more than 48 hours. The vessel had been hijacked last month off the northeast coast of Somalia and there was a risk it would be used as a “mother ship” for further attacks on merchant shipping in the region. Marine commandos were dropped by precision airdrop from an Indian Air Force C-17 aircraft, after the vessel was located and contained by non-kinetic measures. Defence Minister Rajnath Singh said the operation was completed on November 2, more than 3,000 km from Mumbai. The 20 crew members were Iranian, according to the Mehr News agency.

The UN General Assembly's First Committee approved on Monday, November 2, by 180 votes in favor, two against and no abstentions, a draft resolution on conventional arms control at the regional and subregional levels. India and Israel were the only countries to vote against the text in the 193-member body. An Indian representative argued that “this assumes that the security concerns of States politely stop at their regional borders. They do not”.

Indian authorities began evacuating residents along the eastern coast as Cyclone Murasu approached, with landfall expected early on Tuesday, with around 2,000 people evacuated and preparations to move a further 30,000, Prakhar Jain, managing director of the Andhra Pradesh State Disaster Management Authority, told Reuters. The states of Andhra Pradesh and Tamil Nadu are expected to bear the brunt of the storm; Murasu is forecast to be less intense than Arnab, which killed six people last week, according to the India Meteorological Department (IMD).

Tens of thousands of people gathered in Delhi on Sunday at Ramlila Maidan for a rally by the opposition INDIA bloc, led by Rahul Gandhi’s Congress party, demanding the resignation of India’s chief election commissioner over a controversial revision of voter lists, according to the BBC. The Special Intensive Revision (SIR) has removed more than 130 million names from India’s draft electoral rolls. Opposition leaders allege the process gives Modi’s ruling Bharatiya Janata Party (BJP) an electoral advantage and have called for the resignation and impeachment of chief election commissioner Gyanesh Kumar; the BJP denies the claims.

Thousands of people took to the streets of New Delhi on Sunday to demand the resignation of the country’s election chief, Gyanesh Kumar, over changes to voter lists that opposition parties say favor Prime Minister Narendra Modi’s ruling party. The demonstration was led by Rahul Gandhi and is the latest in more than a month of protests against the revision of the electoral rolls. Opposition parties allege the exercise removed more than 130 million names and disproportionately affected Muslims and other minorities, according to Al Jazeera.

The foreign ministers of the Quadrilateral Security Dialogue (Quad) announced plans to provide more than $85 million in technical and financial support to improve access to trusted artificial intelligence across the Indo-Pacific, according to the joint statement from the Atlanta meeting. The text also records a US commitment of $10 million to develop facilities in India and in the Association of Southeast Asian Nations (ASEAN) countries to recover critical minerals from waste, according to The Times of India. India’s external affairs minister, S. Jaishankar, said the Quad must safeguard freedom of choice and secure supply chains and tackle non-market practices, without naming any country, and called for a “more contemporary” agenda for the group, with a practical approach.

Opposition parties in India led by Rahul Gandhi announced a march of nearly 1.5 km through central New Delhi to Ramlila Maidan for Sunday, a ground designated for their rally, to demand the resignation of election chief Gyanesh Kumar. Delhi police surrounded the site with officers carrying batons and shields, accompanied by riot-control vehicles, and announced traffic diversions, according to Reuters. The opposition parties have held near-daily demonstrations since last month against Kumar over the voter list revision that critics say favors the Bharatiya Janata Party (BJP), according to The Guardian.

National Citizen Party (NCP) convener Nahid Islam accused Prime Minister Tarique Rahman’s government at a rally in Dhaka of seeking to facilitate an Indian transit corridor through the country and threatened fresh protests if the Ganges water-sharing agreement is not renewed on terms that protect Bangladesh’s share, according to The Hindu, citing the newspapers Prothom Alo and bdnews24. Signed on December 12, 1996, the 30-year treaty expires on December 12 and governs the sharing of the Ganges waters at the Farakka Barrage in West Bengal during the lean season, from January to May.

Quad foreign ministers expressed “grave concerns” over economic coercion, including through arbitrary export restrictions and non-market policies and practices that result in overcapacity and disrupt global supply chains in critical industries, in the joint statement issued after Saturday’s meeting in Atlanta, according to Reuters. The text also emphasized the “absolute necessity to protect and preserve navigational rights and freedoms in the Strait of Hormuz, the Red Sea, and the Bab el-Mandeb Strait”.

India’s External Affairs Minister S. Jaishankar said at the G20 foreign ministers’ plenary in Atlanta that military solutions will not work in the face of global challenges and that diplomacy must be given a chance, in a post on X, according to the Hindustan Times. He also stressed the need to preserve freedom of navigation and to ensure the cessation of attacks on seafarers within the framework of international law, especially the United Nations Convention on the Law of the Sea (UNCLOS).

At least six people died and power supply across parts of India’s east coast remains disrupted on Thursday (29), one day after Cyclone Arnab hit the region. The Andhra Pradesh government confirms six dead; local authorities put the toll at nine, from electrocution and collapsing trees and houses. A Marshall Islands-flagged cargo ship with 20 crew members ran aground off the coast of Andhra Pradesh and remained stationary on Thursday because of rough seas.

Thousands of people were evacuated along India’s eastern coast, with some train services cancelled, on Tuesday, one day before the expected landfall of Cyclone Arnab, which is expected to reach the coastal state of Andhra Pradesh by Wednesday morning, bringing strong winds and intense showers to parts of the state as well as Odisha, according to authorities. Two states along India’s eastern coast were preparing to evacuate thousands of people ahead of the expected Wednesday landfall.

A Saudi citizen and an Indian resident are among the two people killed in the attack on King Fahd International Airport in Dammam on Wednesday evening, according to the kingdom’s General Authority of Civil Aviation (GACA). Eight others were injured: Saudi, Indian, Yemeni, Bangladeshi and Nepalese nationals. The Indian Embassy said one Indian national is among the dead and two Indians were injured, and India’s Ministry of External Affairs called the attacks “completely unacceptable”.

India’s largest state-owned refiner, Indian Oil Corporation (IOC), will slightly reduce the volumes of Middle East crude it will buy under annual term deals for fiscal year 2027/2028, which starts next March, amid uncertainty of supply from the region, according to OilPrice, which cites an anonymous source who spoke to Reuters. India paid $15.4 billion to import crude oil in September, up 46% from $10.5 billion a year earlier, as international prices and the Indian import basket soared amid reignited tensions in the Middle East, according to OilPrice.

US Secretary of State Marco Rubio said only a small number of items remain to close the bilateral trade agreement between India and the US, according to The Hindu, and expressed hope it will be sealed shortly. Rubio urged India to scale up energy trade with the US and increase purchases of American technologies and systems, according to the paper. Both sides welcomed progress in the negotiations and reaffirmed their commitment to working toward an early conclusion, according to the Ministry of External Affairs (MEA) cited in the report.

United Nations (UN) experts called on Indian authorities to respect, protect and fulfil the right to peacefully protest and ensure justice for reported violations, according to the Office of the High Commissioner for Human Rights. According to reports cited by the experts, over 7,000 youths, journalists, human rights defenders, lawyers and party members were reportedly arbitrarily detained in New Delhi and taken to remote centres, where their phones were allegedly seized and protest-related material deleted. In recent months, hundreds of thousands of students and supporters have gathered peacefully against decisions on the education system and, more recently, against voter-roll deletions affecting 130 million people.

US Secretary of State Marco Rubio said in Mumbai that the trade deal with India is “very, very close” to being executed and that a small number of items remain to wrap up, he told reporters on Tuesday. Rubio held talks with Indian Foreign Minister Subrahmanyam Jaishankar in the city to deepen energy cooperation and move closer to finalizing the agreement. Washington imposed tariffs of up to 50% on most Indian goods in August 2025 and, under a framework agreed in February 2026, the rate was reduced to 18%, but negotiations have stalled since. Rubio said the US will discuss refining Venezuelan crude with Reliance and that India made “substantial progress” in diversifying its energy supplies, according to The Hindu.

US Secretary of State Marco Rubio arrived in India on Tuesday on his second official visit to the country this year, an Asian tour blending diplomacy and trade, Agence France-Presse (AFP) reported. Speaking in Samarkand, Rubio said Washington and New Delhi were “very close” to an agreement, but a deal during his visit appears unlikely, the agency reported.

The death toll in Saturday’s stampede in Kolkata, in eastern India, rose to 19, with 25 injured people receiving treatment in different hospitals and one in critical condition, according to Xinhua. Around 10 people, including organizers and private security personnel, were detained by Kolkata Police for questioning, according to the same agency.

The Indian Embassy in Riyadh on Sunday urged Indian nationals in Saudi Arabia to follow updated safety directives issued by the Saudi authorities for people receiving emergency alerts through the National Early Warning Platform for Emergencies. The instructions, shared on social media, advise people to remain calm, follow official directions and move to the nearest safe place inside a building, preferably an interior room away from windows, until the danger has passed, according to The Hindu.

US Secretary of State Marco Rubio will hold talks on Monday with Indian External Affairs Minister Subrahmanyam Jaishankar in Mumbai, India’s financial hub, and will then visit an oil refinery in Jamnagar in the western state of Gujarat, according to a statement from the US Department of State. Indian Ministry of External Affairs spokesperson Randhir Jaiswal appeared to confirm the agenda, saying the Mumbai talks would cover energy, trade and investment, defense, and critical and emerging technologies. Rubio is arriving from Samarkand, Uzbekistan, where he has been meeting with five Central Asian states at the C5+1 summit.

Street protests in India this year are likely to be higher than at any time in the past decade, according to the Armed Conflict Location and Event Data project (ACLED), cited by the South China Morning Post (SCMP). Analysts cited by the newspaper say the youth protests and growing support for the opposition form the worst crisis for Modi since 2014, with people under 30 making up nearly one quarter of the country’s 1 billion voters.

India rebutted allegations by UN special rapporteur Gina Romero that young people in the country face retaliation or stigmatization, according to the Hindustan Times. Six US Democratic lawmakers urged Secretary of State Marco Rubio to raise concerns with India over alleged excessive use of force against student protesters. The lawmakers' letter mentions, according to the Telegraph India, a pattern of repression, wrongful detention and excessive use of force by security forces during student protests in Delhi and other localities across India.

The tanker Unity, arrested by India in May with Russian sailors on board, is to be sold, according to a relative of one of the crew members heard by TASS. The sailors cannot leave the ship until they are replaced by another crew, the relative said. India arrested the Unity on May 11 as part of financial claims against the shipowner, and the vessel, flying a Cameroon flag, is anchored near the port of Paradip, with the case being heard in the High Court in the state of Odisha.

Three Indian nationals rescued from the merchant vessel MV Royad Mammadov, attacked in the Black Sea on Monday, have left Romania for India, according to the Embassy of India in Bucharest, in information published by The Tribune with data from the ANI news agency. Two foreign seafarers were killed in the attack and the three Indians were injured and rescued by Romanian authorities, according to the same account.

The Cockroach Janta Party (CJP) said in a statement that its founder, Abhijeet Dipke, and two other leaders were detained before disembarking from a flight in the Indian capital, according to AFP. The Hindu newspaper reported more than 5,000 protesters had been detained, a figure it was not immediately possible to verify, according to AFP. Ahead of the protest, authorities closed dozens of metro stations, cancelled more than 200 trains and temporarily shut down mobile internet around the protest site, according to AFP.

Mail/Express trains due to reach New Delhi and Hazrat Nizamuddin between 4:00 and 14:00 on October 10 were cancelled at source, and Delhi police asked the Delhi Metro Rail Corporation (DMRC) to shut 57 metro stations to scupper the movement of youths to the protest, according to PTI, in a text republished by Rediff. The Cockroach Janata Party called the protest at Jantar Mantar for Saturday, demanding the resignation of Chief Election Commissioner Gyanesh Kumar over alleged irregularities in the revision of the electoral rolls.

India's continued purchases of Russian oil could pose a fresh hurdle in talks for an interim trade deal with the US, according to Bloomberg, in a text published by Mint. US Trade Representative Jamieson Greer said on Thursday that a deal with India was not on the cards soon, citing Russian oil as a point of friction, according to CNBC. In September, India's imports of Russian crude declined to around 1.75 million barrels per day, the lowest level since April, according to PTI, in a text published by Mint.

Indian opposition leader Rahul Gandhi was detained for the third time in two days during a protest demanding the resignation of the election chief over a controversial revision of voter lists, according to Al Jazeera, in a report citing AP and Reuters. India’s Election Commission has removed more than 130 million names from voter lists, with millions appealing the removals.

A Panama-flagged commercial vessel was hit by a projectile while transiting the Strait of Hormuz, India's Ministry of External Affairs said. Of the 19 crew members of the MT On Peace, 17 are Indian; 12 were injured, including 11 Indians, and were evacuated to Khasab, Oman. India condemned the attack and called for an immediate halt to attacks on commercial navigation in the region.

India summoned Pakistan’s chargé d’affaires to protest the “continued facilitation of illegal cross-border infiltration” and rejected as unfounded Pakistan’s accusations over the October 2 incident in the Ferozepur sector, according to NDTV, citing a statement from India’s Ministry of External Affairs. Pakistan summoned India’s chargé d’affaires to protest the killing of two Pakistani civilians by Indian Border Security Force (BSF) personnel in the Bedian sector along the international border, according to Dawn. The two countries summoned each other’s diplomats over Friday’s incident, in which New Delhi rejects Islamabad’s account of the killing of two unarmed Pakistani civilians, according to Al Jazeera.

Ukrainian Foreign Minister Andrii Sybiha said Ukraine is ready to consider India’s proposal for a ceasefire in energy and the Black Sea, but only in that combination, and that it is the broadest of the four proposals received. The initiatives came from India, Turkiye, Egypt and the United States, Sybiha said. Russian President Vladimir Putin said Indian Prime Minister Modi has “very good ideas” aimed at finding mutually acceptable solutions.

Pakistan’s Foreign Ministry summoned India’s chargé d’affaires to protest the killing of two Pakistani civilians by Indian border troops, according to Al Jazeera. Islamabad urged India to conduct an “immediate, transparent and credible” investigation, with disciplinary and legal action against those responsible. The Indian side says the Border Security Force (BSF) shot dead two suspected Pakistani infiltrators in Tarn Taran, in Punjab, on Friday, according to officials cited by ETV Bharat.

British Sikh activist Jagtar Singh Johal has been released from a Delhi prison after nine years in detention, after the Indian high court warned the government it would be found in contempt of court if it continued to attempt to keep him in jail despite a September 18 order releasing him on bail, according to The Guardian. The nine-year detention on alleged terrorist offences has been a cause of diplomatic tension between the United Kingdom and India, and campaigners say the British government has not been active enough to secure his release or a full trial.

The pilot injured on the flydubai flight was identified as Indian national Smit Machchhar, in stable condition in hospital, according to the BBC — despite being stabbed, he fought back, opened the cockpit door and enabled passengers and crew to overpower the attacker, in the version of Israeli Prime Minister Benjamin Netanyahu cited by the BBC. A passenger said in a video released by Netanyahu that he put the attacker in a chokehold and pulled him out of the cabin, according to the Hindustan Times.

India’s External Affairs Minister S. Jaishankar warned of a “major food crisis” in the coming months, on top of the fertiliser shortages the world is already seeing because of the Ukraine and Iran conflicts, according to The Hindu. He said some of the major grain exporters will not be able to send out their shipments, particularly via the Black Sea. He spoke on September 28, in a conversation at the Asia Society in New York.

Indian External Affairs Minister S. Jaishankar said in New York that cross-border terrorism from the neighboring country is one of Indiaʼs primary concerns and that partnersʼ failure to appreciate this affects bilateral ties, according to The Hindu. He spoke at an Asia Society conversation at the end of the high-level week of the 81st session of the UN General Assembly on September 28, and said there is a broad understanding on a trade agreement with the US, but changes in American tariff policy complicate when to conclude it.

Russian Foreign Minister Sergei Lavrov called at the UN General Assembly for broader representation for Asia, Africa and Latin America and backed the candidatures of Brazil and India for a permanent seat on the Security Council, according to The Hindu. Lavrov said Russia cannot envisage or allow any new “Western seats,” because the West is already overrepresented, and that the interests of the African continent must be satisfied, according to TASS. He spoke at the General Assembly session in New York on Saturday night, according to the Indian Express.

India’s External Affairs Minister S. Jaishankar met in New York with his Russian and Iranian counterparts, Sergey Lavrov and Abbas Araghchi, on the margins of the 81st session of the United Nations General Assembly. Jaishankar said he discussed bilateral issues and BRICS (Brazil, Russia, India, China and South Africa) cooperation with Lavrov. Russia’s Foreign Ministry said, according to TASS, that the two discussed the Ukraine crisis and the situation in the Middle East. With Araghchi, the Indian minister said he discussed the latest developments in the Gulf conflict.

Pakistani Prime Minister Shehbaz Sharif told the United Nations General Assembly that any attempt to stop, impede or divert Pakistan’s share of the waters will be treated as an act of war, according to Dawn. Sharif credited Donald Trump with brokering the ceasefire between the two countries in May 2025 and praised his “resolute and visionary leadership”, saying it saved “hundreds of millions of lives”. Pakistan’s state radio reported that Sharif thanked Trump for his timely intervention, which he said came at a decisive juncture, when two nuclear-armed neighbours stood at the brink of an all-out war.

India told Washington that the new sanctions law against Russia and Iran could affect bilateral ties and the international energy market, according to Shafaqna India, citing a statement from the Indian government. The bill authorises President Donald Trump to impose tariffs of up to 100 per cent on countries that keep buying Russian oil and gas, with India among those exposed, as reported by Streamline Feed from Al Jazeera and The Times of India. New Delhi says its energy policy will keep being guided by energy security for its 1.4 billion people, with diversified sourcing, according to the Economic Times.

India and Liberia announced the creation of a “group of friends” on the safety and security of shipping and seafarers, on the sidelines of the 81st United Nations General Assembly (UNGA), according to The Hindu. India’s Minister of External Affairs, Subrahmanyam Jaishankar, called attacks on civilian shipping “simply indefensible”, cited repeated attacks in the Gulf, the Red Sea and surrounding waters, and pointed to two recent cases: an attack two days earlier on an Antigua and Barbuda-flagged bulk carrier in the Gulf of Oman that killed an Indian sailor, and an attack ten days earlier on a tanker in the Strait of Hormuz that left a crew member missing, according to Firstpost.

Canadian Prime Minister Mark Carney said on Tuesday, September 22, 2026, in New York that trade negotiations with India are making “good progress” and that the two countries aim to conclude them by the Group of 20 (G20) summit, scheduled for December 14-15, 2026 in Miami, according to the The Hindu. Carney said Indian Prime Minister Narendra Modi has confirmed plans to visit Canada around that time, though no date has been set. Carney has said he wants to double Canada’s non-US trade over the next decade, and the talks with India are part of that push to reduce dependence on Washington amid deteriorating relations under Donald Trump’s administration, according to ANI. Negotiations were formally relaunched in March 2026, after the 2023 diplomatic rupture over the killing of Sikh activist Hardeep Singh Nijjar in British Columbia.

United States President Donald Trump said on Tuesday, September 22, 2026, that his administration “strongly supports” the India-Middle East-Europe Economic Corridor (IMEC) as a way to move the region’s energy infrastructure away from chokepoints under Iranian control. Speaking to Gulf Cooperation Council leaders on the sidelines of the United Nations General Assembly (UNGA) in New York, Trump said: “Iran’s terrorist attacks on commercial shipping in neighboring countries have shown the need to shift Middle East energy infrastructure away from the Iranian checkpoints. That’s why my administration strongly supports the India-Middle East-Europe Economic Corridor and other places in the form of getting oil out, whether it’s pipelines or anything else,” according to the Hindustan Times and ANI. Launched on September 9, 2023 at the Group of 20 (G20) summit in New Delhi, the corridor is meant to connect India to the Gulf and the Gulf to Europe by sea, rail and road.

The US Department of Justice asked the Supreme Court on Monday, 21 September 2026, to review the ruling that freed Indian researcher Badar Khan Suri of Georgetown University, who advocated for Palestinian rights and opposed Israel’s war in Gaza, according to The Georgetown Voice and Al Jazeera. The petition, docketed as Trump v. Khan Suri, asks whether federal immigration law barred a lower-court judge from ordering the release of a noncitizen held while removal proceedings are under way, and argues that rulings such as the Fourth Circuit’s give detainees a route to challenge deportation outside immigration courts. Suri, who holds a J-1 exchange visa, was detained in March 2025 by US Immigration and Customs Enforcement (ICE) officers and spent 58 days in custody; Judge Patricia Tolliver Giles ordered his release in May 2025, and in July 2026 the Fourth Circuit ruled 2-1 that he should remain out of detention. Solicitor General D. John Sauer wrote that the ruling is “practically disastrous”; the Third Circuit, in January 2026, in the case of activist Mahmoud Khalil, and the Second Circuit, in July, in the case of Mohsen Mahdawi, reached the opposite conclusion, and the Justice Department asked the court to take Khalil’s case as well. Suri also faces a separate immigration case, which opened on 15 September 2026, to decide whether the Department of Homeland Security (DHS) can deport him.

India and the Organization of the Petroleum Exporting Countries (OPEC) closed the seventh high-level meeting of the OPEC-India Energy Dialogue in New Delhi on Tuesday, 22 September 2026, with a pledge to deepen cooperation on market stability and investment, and set the next round for Vienna, according to a statement from India’s Ministry of Petroleum and Natural Gas cited by Business Standard and News18. The meeting was co-chaired by Petroleum and Natural Gas Minister Hardeep Singh Puri and OPEC Secretary General Haitham Al Ghais. Puri said India will remain an “important driver of global energy demand in the decades ahead” and called for sustained dialogue between producers and consumers; Al Ghais said that “many of India’s energy priorities are OPEC’s priorities”. The dialogue was launched in New Delhi in 2015 and the eighth meeting will be held at the organisation’s headquarters in Vienna, with no date yet confirmed. The meeting took place with Brent crude above US$ 100 a barrel, after the conflict disrupted supplies for major consumers including India and China, according to Business Standard.

India’s largest refiners have begun seeking alternative crude cargoes for November delivery and may cut purchases of Russian oil after the US sanctions law raised the threat of tariffs of up to 100% on goods from countries that buy Russian energy, Bloomberg reported, citing people involved in the discussions. Russian imports have already eased and are expected to average about 1.9 million barrels a day in September, more than 35% of the total and the lowest since April, according to Kpler. India is the world’s third-biggest crude buyer and had taken more than half of its imports from Russia in some recent months. Iraq has emerged as the main alternative: 535,000 barrels a day in the first half of September, against an August average of 163,000 barrels a day, also according to Kpler. Replacing the Russian volumes will be hard: Urals delivered to India cost about US$133 a barrel at the end of last week, according to Argus Media, and negotiations for November cargoes begin in the final week of this month.

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