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INDIA AND RUSSIA OIL TRADE
India, Iran revive energy dialogue as ministers meet on BRICS sidelinesIndia and Iran are exploring new avenues for energy sector collaboration, as announced by Union Minister Hardeep Singh Puri following a mee...- Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...
- China state refiners considering resuming Iran oil imports, sources sayChina's major state-owned refiners, Sinopec and PetroChina, are exploring a return to purchasing Iranian oil after a U.S. waiver, marking a...
- Iran Prez invites PM Modi to state funeral of Ayatollah KhameneiThe function, delayed due to the conflict, will begin with the body lying in state at Tehran's Grand Mosalla complex. The erstwhile Supreme...
- Russia and India working on increasing bilateral trade volumes: Kremlin spokesmanRussia and India are actively boosting bilateral trade, aiming for a $100 billion target by 2030, up from the current $60 billion. Kremlin ...
- NSA Ajit Doval meets Russian counterpart Sergei Shoigu, discusses bilateral tiesNational Security Advisor Ajit Doval held discussions with Russia's Secretary of the Security Council, Sergei Shoigu, in New Delhi. The mee...
- Nayara Energy crosses 7,000 petrol pumps in IndiaNayara Energy, backed by Russia's Rosneft, has surpassed 7,000 petrol pumps nationwide, solidifying its status as India's leading private f...
- Moscow reopens airports, shoots down nearly 60 dronesMoscow thwarted a massive drone assault overnight, with nearly 60 unmanned aerial vehicles intercepted en route to the capital, leading to ...
- Ukraine attack kills five as Crimea halts public fuel salesA Ukrainian drone assault on Crimea has claimed four lives and injured 28, according to Russian-installed officials. Another strike in Kras...
- Indian captain of sanctioned Russian oil tanker arrested in UK; family seeks government interventionAn Indian captain, Ajay Pant, has been arrested in the UK and charged with breaching sanctions after his Russian oil tanker was intercepted...
- Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
- India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
- Ukraine's Zelenskiy confirms drone strike on refining facilities in Russia's tyumen regionUkrainian President Volodymyr Zelenskiy announced that Ukrainian drones successfully targeted an oil refinery in Russia's Tyumen Region, ov...
- Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
- US quietly allows waiver on Russian oil to expireAmerica's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...
- Russian President Vladimir Putin hosts ASEAN leaders amid G7 pressure on Ukraine warPresident Vladimir Putin hosts a summit of Southeast Asian leaders in the central Russian city of Kazan from Wednesday, as the West pressur...
- India may take a leaf from China's book for oil poolIndia may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims...
- UK imposes new sanctions on Russian shadow fleet after Indian captain arrestAjay Pant, 38, was arrested by the National Crime Agency (NCA) during a joint operation with British armed forces to intercept a Russian sh...
- Indian soybean acreage expected to rise on higher prices, weak monsoon outlookIndian farmers are planting more soybeans this year. Higher prices for soybeans are making them more profitable than corn. Forecasts of les...
- India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
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