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RUSSIAN OIL SUPPLIES TO INDIA
'Europeans sell weapons, which are used to attack India': Jaishankar raises arms exports issueIndia's External Affairs Minister S. Jaishankar defended the country's decision to buy Russian oil. He stated that cost and availability gu...12 Jun, 2026, 04.42 PM IST- Oil Price Today (June 12): Crude oil hits 3-month low as draft Iran-U.S. pact signals Hormuz reopening, sanctions reliefOil prices dropped significantly, hitting a three-month low on Friday. Reports emerged of a potential deal between Iran and the United Stat...12 Jun, 2026, 03.40 PM IST
- US 'specifically' asked India to buy Russian oil in 2022, says EAM JaishankarIndia's External Affairs Minister S. Jaishankar stated India purchased Russian oil after the Ukraine war began in 2022. He explained the oi...12 Jun, 2026, 11.56 AM IST
- In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...12 Jun, 2026, 01.28 AM IST
- India is set to rewrite its oil destiny, moving from risk to leverageIn a landmark agreement, India is teaming up with the UAE to significantly increase its oil reserves, transitioning into a strategic player...11 Jun, 2026, 03.16 PM IST
- Drones hit historic museum in Russia-annexed Crimea as officials alter train scheduleUkrainian drones struck a historic museum in Sevastopol and targeted Russian energy infrastructure. Authorities reduced nighttime train ser...10 Jun, 2026, 10.49 AM IST
- 'Making in Russia for India' eyes fertilisers, critical mineral mining JVsIndia's envoy to Moscow, Vinay Kumar, has proposed a 'Making in Russia for India' model. This initiative aims to boost industrial ties acro...08 Jun, 2026, 12.20 AM IST
- OPEC+ set for fourth oil quota hike since Hormuz closure, sources sayOPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its...07 Jun, 2026, 01.15 PM IST
- India to account for half of global oil demand growth over next decade: Rosneft CEORosneft CEO Igor Sechin stated India will drive nearly half of global oil demand growth over the next decade, projecting consumption to rea...06 Jun, 2026, 08.42 PM IST
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...06 Jun, 2026, 08.22 PM IST
- Nobody can dictate terms to us: Putin defiant against US pressure over 'brotherly' India-Russia tiesRussian President Vladimir Putin lauded India's strong ties with Moscow. He described the relationship as "brotherly" and "trust-based." Pu...06 Jun, 2026, 01.58 PM IST
- Putin: Western attempts to limit India-Russia ties will harm global stability; Modi does not buckle under pressureRussian President Vladimir Putin said Russia aims to expand its strong relationship with India. He believes US pressure on India to reduce ...05 Jun, 2026, 01.06 PM IST
- Crude, LPG supply to India smoothens in May after two glitchy months; LNG supply beats pre-war levelsIn May, India's oil and gas imports showed clear signs of recovery after recent setbacks, with crude oil inflows rising, though they have n...03 Jun, 2026, 11.49 AM IST
- War shifts 80% of India's diesel exports to AfricaIndia's diesel exports saw a significant shift in May. Africa became the primary destination, absorbing over 80% of shipments. This change ...03 Jun, 2026, 07.38 AM IST
- Would like to end sanctions waivers on Russian oil: RubioThe United States aims to stop waivers allowing countries to buy Russian oil. These waivers were temporary measures to boost global supply....02 Jun, 2026, 11.12 PM IST
- Nine dead, dozens wounded as Russia launches major attack across UkraineTragedy unfolded as Russian air raids targeted significant Ukrainian urban centers such as Kyiv, Dnipro, and Kharkiv, resulting in at least...02 Jun, 2026, 09.49 AM IST
- Fuel duty cuts can power export hikeIndia's fuel exports are set to rise following export duty cuts. This move aims to restore shipments to Europe and West Asia. High crude oi...02 Jun, 2026, 12.15 AM IST
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