Latest news with #Pyatt
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Business Standard
05-08-2025
- Business
- Business Standard
Garcetti video resurfaces as Trump targets India's Russian oil imports
As US President Donald Trump ramps up pressure on India over its continued imports of Russian crude, a video of former US Ambassador to India Eric Garcetti admitting Washington had encouraged such purchases to stabilise global prices has resurfaced on social media. The now-viral clip, recorded at an event last year when Garcetti was still in office, shows him acknowledging US support for New Delhi's decision. 'They bought Russian oil because we wanted somebody to buy Russian oil at a price cap. That was not a violation or anything. It was actually the design of the policy because, as a commodity, we didn't want the oil prices going up, and they fulfilled that,' Garcetti said. India is currently the largest buyer of seaborne Russian crude, taking advantage of discounted rates since the Ukraine conflict began. Not the first US endorsement of Russia oil purchase This isn't the only remark made by a US official regarding India's crude oil purchasing in recent years. In 2022, then US Treasury Secretary Janet Yellen told Reuters that India could purchase 'as much Russian oil as it wanted' and at any price, provided it avoided using Western services. In February 2024, then-US Assistant Secretary of State Geoffrey Pyatt also credited India with 'playing a key role' in stabilising global energy markets through such purchases amid the ongoing fallout from Russia's war in Ukraine. 'India has played a key role in our effort to stabilise global energy markets in the face of the extraordinary destabilisation caused by Vladimir Putin's brutal invasion of Ukraine and his weaponisation of his oil and gas resources,' Pyatt said. He noted that the G7-led Russian crude oil price cap, implemented in December 2022, had succeeded in cutting Russia's oil revenues by roughly a third while keeping its oil in circulation to avoid further market turmoil. 'There is no daylight between us – the US and India – in terms of our approach to this issue,' Pyatt affirmed. India defends oil purchase The Ministry of External Affairs (MEA), in a strongly worded statement on Monday, defended the policy as a necessity 'compelled by global market situation' and aimed at ensuring 'predictable and affordable energy costs' for Indian consumers. The MEA also pointed out that the US and European Union (EU), both vocal critics, continue to trade extensively with Russia. EU's trade with Moscow in 2024 amounted to €67.5 billion in goods and €17.2 billion in services, including record imports of LNG. The US, the statement noted, still imports Russian uranium, palladium, and fertilisers. Trump tariffs and stalled India-US trade talks Trump, who has imposed a 25 per cent tariff on Indian imports and threatened to raise duties to as much as 100 per cent, has accused India of 'financing' Russia's war in Ukraine and profiting from the resale of crude. His administration has also stalled bilateral trade negotiations, with agriculture and dairy emerging as contentious sectors. India, however, has stated that while it remains open to dialogue, New Delhi will 'take all necessary measures to safeguard its national interests and economic security'.
Yahoo
15-03-2025
- Yahoo
Lafayette woman airlifted to Indianapolis hospital after 7-car crash on Indiana 26
LAFAYETTE, Ind. — Terry Pyatt of Lafayette and her GMC Acadia bore the brunt of a seven-car accident Thursday afternoon at Indiana 26 and Tippecanoe County Road 550 East. After the crash, Pyatt, 64, was airlifted to an Indianapolis hospital for her injuries and remained in critical condition Friday, according to a news release published by the Tippecanoe County Sheriff's Department. The chain-reaction crash started when Kelley Gray of Lafayette was westbound in her Toyota and veered left of center, clipping the side mirror of another westbound car waiting to turn left at the intersection, according to the news release, which identifies this driver only as a juvenile. Gray's car then struck Tara Pepprock's southbound minivan that was prepared to turn eastbound on to Indiana 26, the news release states. Gray then broadsided Pyatt's southbound Acadia, sending it into an eastbound pickup truck driven by Nicholas Smith of Lafayette, the news release states. Smith's truck was knocked backward into another eastbound pickup truck driven by Oliver King of Lafayette. Gray and Pyatt's vehicles then struck a seventh vehicle driven by a juvenile, the news release states. Firefighters extricated Pyatt from her Acadia, and paramedics rushed her to IU Health Arnett Hospital. From there, Pyatt was flown to an Indianapolis hospital for treatment. Gray was taken to IU Health Arnett for treatment, according to the news release. The other drivers all were medically assessed and treated at the scene, the news release states. The intersection was closed for more than two hours as deputies reconstructed the crash, the news release states. Reach Ron Wilkins at rwilkins@ Follow on Twitter: @RonWilkins2. This article originally appeared on Lafayette Journal & Courier: Lafayette woman airlifted to Indianapolis hospital after 7-car crash
