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Stellantis said in a statement it had fully impaired the value of its investment in the joint venture in its results for the first half of 2022. It also said it would continue to provide service to Jeep customers in China.

Land Minister Won Hee-ryong said that the government would consider deploying military trucks to areas needed for urgent transport.

The largest U.S. automaker said it was "engaging with Twitter to understand the direction of the platform under their new ownership."

The United States is happy for India to continue buying as much Russian oil as it wants, including at prices above a G7-imposed price cap mechanism, if it steers clear of Western insurance, finance and maritime services bound by the cap.

India stepped up vacuum gasoil exports to the United States this year in an unusual trade flow for the oil product.

India's oil imports from Iraq plunged to a 20-month low in October as refiners continued to buy discounted Russian barrels and boosted purchases of West African crude.

Indian Oil Corp has purchased a cargo of Russia's Sokol oil for November delivery thorough a spot deal with a trading firm.

Oil-laden tankers risk being left languishing at sea if insurers do not urgently get clarity on an unfinished G7 and European Union plan to cap the price of Russian crude.