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...
18 Sep, 2026, 05.30 AM IST
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...
17 Sep, 2026, 08.12 PM IST
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...
17 Sep, 2026, 07.51 PM IST
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...
17 Sep, 2026, 07.49 PM IST
India’s August exports rise 26.1%, trade deficit narrows to $26.9 billionIndia’s merchandise exports jumped 26.1% year-on-year to $43.8 billion in August, accelerating from 19.6% growth in July, while slower impo...
17 Sep, 2026, 02.03 PM IST
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...
17 Sep, 2026, 10.15 AM IST
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...
17 Sep, 2026, 12.23 AM IST
India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
16 Sep, 2026, 07.51 PM IST
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...
16 Sep, 2026, 07.50 PM IST
US crude shipping costs to China hit record as Middle East war disrupts oil flowsShipping costs for US crude oil to Asia have reached record highs. This surge is driven by Middle East energy flow disruptions and increase...
16 Sep, 2026, 08.25 AM IST
Cooking oil imports up 5% in first 10 monthsIndia’s soyoil imports hit a record in August as refiners stocked up for the festival season, while palm oil purchases reached a six-month ...
15 Sep, 2026, 11.50 PM IST
China’s new oil refining technology could cut energy use by 91% — here’s how scientists are turning crude oil into valuable products more efficientlyChinese scientists have developed a new molecular refining method. This technique may significantly reduce energy consumption in oil proces...
14 Sep, 2026, 06.59 PM IST
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...
14 Sep, 2026, 05.30 AM IST
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...
13 Sep, 2026, 10.48 AM IST
New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
11 Sep, 2026, 08.10 PM IST
India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical frameworkAcknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic st...
11 Sep, 2026, 02.30 PM IST
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...
08 Sep, 2026, 06.04 AM IST