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RUSSIAN OIL PAYMENTS
Indian refiners unlikely to rush for Iranian oil despite temporary US sanctions waiver, says analystIndian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...- 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....
- Trump’s $1.776 billion IRS settlement sparks debate as critics question legality of the compensation fundA major legal settlement involving Donald Trump and the IRS faces scrutiny. A $1.776 billion fund for alleged "weaponization" and a ban on ...
- 'Impact on India less due to good management, foresight': Harsh Vardhan Shringla on global energy challenges due to West Asia crisisIndia's energy crisis impact remains limited. Rajya Sabha MP Harsh Vardhan Shringla credits the government's effective planning and timely ...
- The $138 bn buffer: India’s most visible export can rescue the rupeeIndia is considering a policy push to accelerate overseas deployment of skilled workers as part of a broader strategy to support the rupee ...
- Iran says BRICS unable to reach consensus on West Asia conflict due to UAE stanceIran's Deputy Foreign Minister Kazem Gharibabadi stated the UAE is hindering BRICS consensus on the West Asia conflict. He expressed Iran's...
- Iran seeks India’s role in West Asia peace efforts ahead of BRICS meet; plans new Hormuz shipping frameworkIran welcomes India's efforts to bring peace to West Asia. The nation is creating a new framework for ships passing through the Strait of H...
- Trump's $166 billion tariff refunds may finally be in sight as first payouts expected by May 11The Trump administration is set to issue its first tariff refunds around May 11, following the Supreme Court's ruling that the sweeping dut...
- Welcome to the age of energy shocks: The unsettling future view that Iran's Hormuz playbook showsIran war: In today’s rapidly evolving energy scene, crises have become the new norm, frequently disrupting oil and gas supply chains. The g...
- $12 billion Trump tariff refund for Indian exporters. Which stocks may benefit?Tariff refunds are set to begin after the US Supreme Court ruled Donald Trump’s tariffs unconstitutional. US Customs and Border Protection ...
- Indian refiners pay for Iran oil in yuan via ICICI Bank, sources sayIndian refiners are making payments for Iranian oil using Chinese yuan. This is happening through ICICI Bank's Shanghai office. Indian Oil ...
- India-China energy cooperation doesn't require warm relations, or lofty civilisational rhetoricIndia and China face a new opportunity in energy markets. Past cooperation in Africa, despite challenges, shows potential. Both nations see...
- Russia's oil and gas revenue down 43% y/y in March, finance ministry saysRussian state oil and gas revenues saw a significant drop in March. Revenues fell by 43 percent to 617 billion roubles compared to last yea...
- Payment woes delay supply of Russian Sokol oil to India: SourcesIndian Oil Corp (IOC)is facing delays in receiving shipments of Russian Sokol crude oil due to payment issues. The annual deal with Russian...
- India's Russian oil binge may slow on lower discounts, payment woes: SourceIndian imports of Russian crude are likely to decline on narrowing discounts and payment problems, forcing refiners to boost supplies from ...
- Some Indian refiners paying Russian oil suppliers in YuanSome Indian refiners, including a private refiner, have paid for some Russian oil imports in Chinese currency Yuan following such demands f...
- India refiners start yuan payments for Russian oil imports: SourcesIndian refiners are beginning to use the Chinese yuan to pay for oil imports from Russia, as Western sanctions against Moscow make it diffi...
- Bank of Baroda stops clearing payment for above-cap Russian oilSome Indian refiners were paying in the United Arab Emirates dirham currency for Russian low-sulphur crude priced above the $60 a barrel ca...
- HPCL now paying in rouble, dirham for Russian crude oilHPCL, which has used 2 million tonnes of Russian crude of the total 17 million tonnes processed this fiscal year, is shifting to the curren...
- HPCL switching from dollar to dirham & rouble to pay for Russian oil to avoid price cap issuesHindustan Petroleum Corp (HPCL) is increasingly switching from dollar to dirham and rouble to pay for Russian oil to avoid trouble arising ...
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