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RUSSIAN CRUDE OIL IMPORTS
New US sanctions bill on Russia puts Modi in a bindIndia faces a difficult energy policy choice regarding Russian oil imports. Potential US tariffs threaten Indian exports and bilateral trad...
India's August crude oil imports fall over 11% month-on-monthIndia's crude oil imports in August witnessed a significant decline, falling by more than eleven percent compared to July. On an annual bas...
The mood, as per Moody's: Shocks keep coming, India keeps growingMoody’s has raised India’s FY27 real GDP growth forecast to 7% from 6%, citing the economy’s resilience amid the Middle East conflict and e...
Replacing Russian crude near impossible for Indian refiners as US sanctions bill threatens 100% tariff, say executivesIndian refiners face challenges replacing Russian crude imports due to new US legislation. Many key suppliers are already cut off, complica...
India warns that Washington's Russia sanctions bill holds implications for bilateral ties, energy marketIndia has warned that a US sanctions bill on Russia carries potential implications for its ties with Washington. The proposed legislation c...
Russian oil uncertainty hangs over India’s largest buyersIndian state-owned refiners are facing rising crude supply uncertainty as Middle East disruptions coincide with the risk of tougher US rest...
India must not let energy security become a US trade ‘weapon’, warns GTRIAccording to a warning from a US think tank, Indian goods could face tariffs as high as 100%. This move may compel India to significantly l...
100% tariffs on India? US House passes bill authorising new duties on Russia oil buyersThe US House of Representatives has passed legislation authorising President Donald Trump to impose tariffs of up to 100% on India, China a...
Oil India explores route to bring back $300 million stuck in RussiaOil India aims to repatriate a $300 million dividend from Russian oil assets. These funds are currently stranded in Moscow due to Western s...
India vows to protect energy security as US Russia bill opens door to 100% tariffsIndia is closely watching a US bill that could allow tariffs of up to 100% on countries buying Russian energy. With Russia accounting for 3...
Aramco closes supply tap for Indian refiners, new oil barrels to cost moreSaudi Arabia has sold some spot cargoes to traders expected to deliver small volumes to Indian refiners through Hormuz. The risk-taking tra...
Russia squeezed, Saudi route hit, China circles: Why India's oil bill could get heavierIndia is encountering soaring costs for crude oil imports due to ongoing global supply chain issues. Disruptions in Saudi oil export infras...
India's $40.8 billion Russian crude imports put it in Trump's 100% tariff line of fireThe US is considering imposing tariffs on significant purchasers of Russian energy, which puts India's considerable imports of Russian crud...
100% tariff danger for India nears as Russia Sanctions Bill advances in US House amid surprise vote twistThe US House of Representatives advanced a bill authorising President Donald Trump to impose 100% tariffs on India and other countries buyi...
US Congressman names India, China in Russia Sanctions BillUS lawmakers are considering tariffs on Russia's oil trading partners, including India. One amendment proposes 100% tariffs on countries li...
President Putin proposes BRICS grain market, insurance framework to counter global pressuresRussian President Vladimir Putin proposed new initiatives for BRICS economic growth. He called for a holistic approach to address global ch...
Crude pool drying up as Middle East conflict drags on, refiners waryIndian refiners are using inventories to manage immediate oil supply disruptions. They worry about prolonged closures and widening conflict...
Russia imports record fuel from India as Ukraine strikes hit refineriesRussia imported record oil products from India in August. This surge occurred as Ukrainian drone strikes disrupted domestic refining capaci...
India adds new crude suppliers, but Russia-led 5 countries retain grip on oil importsIndia expanded its crude sourcing to 31 countries during the six-month Iran war, but supply concentration increased sharply as Russia’s sha...
Russia Sanctions Bill: India gets a breather as Trump’s 100% tariff weapon stalls in US HouseA US Senate bill to impose tougher sanctions on Russia is facing growing opposition in the House, making it unlikely to move before the Nov...