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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...
"Conflict will not be resolved by buying or not buying oil": S Jaishankar on US sanctions bill"But let me just add this. You know, this conflict, which is today in its third year, will not be solved because somebody is buying or not ...
Russian Sberbank works towards expansion in IndiaThe expansion comes as India and Russia seek to widen economic ties. The two countries have set a target of $100 billion in annual trade by...
Oil importers are learning to live with a new reality as old routes of business fall apartOngoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...
BRICS Summit: Arctic partnership to figure high in Modi-Putin meetIndia and Russia are ramping up their collaboration in the Arctic, with a strong focus on resource development. A meeting between President...
Iran-US attacks restart: Refiners in the crosshairs again as some Gulf cargoes stand delayed, cancelledIndian refiners face mounting crude supply disruptions from the Gulf region. Rising vessel attacks and transit bottlenecks are causing sign...
'Russia and India's 96% bilateral trade now through Rupee-Rouble payment infra'Russia and India have established a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six p...
Roubles and rupees: Russia says no more hurdles in payments with IndiaRussia and India have built a functioning payments infrastructure using roubles and rupees. This system now accounts for ninety-six percent...
Ships adopt makeshift anti-drone defences as Black Sea attacks intensifyTo counter the escalating risk of drone assaults from Russia and Ukraine in the Black Sea, vessels passing through the Bosphorus are equipp...
Oil shipments to India face delivery hurdles on Mideast snarlsIndian refiners face disrupted oil shipments from the Middle East. Bharat Petroleum and Indian Oil experienced delayed crude oil deliveries...
The Americas' oil bonanza will outlast the Iran conflictThe Iran war and closure of the Strait of Hormuz are reshaping global oil trade, with producers across the Americas gaining market share fr...
PM Modi-President Putin hit the road again, talk Ukraine war and India-Russia tiesPrime Minister Narendra Modi urged Russian President Vladimir Putin to end the ongoing war. The two leaders met on the sidelines of the SCO...
ONGC to enter oil trading, build strategic reserves as upstream remains coreONGC plans to enter crude and petroleum product trading operations soon. A new strategic petroleum reserve will be built in Mangalore. Expl...
Russia is one of the world's top oil producers, so why is it still importing petrol from IndiaRussia is rationing petrol domestically as Ukrainian drone strikes damage its oil refineries. The nation continues crude oil production whi...
India becomes key petrol supplier to Russia as refinery attacks biteIndia has become a key gasoline supplier to Russia recently. Russian fuel imports surged due to Ukrainian drone attacks on its refineries. ...
Modi, Putin to visit Delhi Industrial Trade Fair ahead of BRICS SummitIndia and Russia will host the INNOPROM.India trade fair from September 9-11. Prime Ministers Narendra Modi and Vladimir Putin are expected...
BPCL explores buying Gulf oil on FOB basis, lifts Iraqi oilBharat Petroleum Corp expects its first Iraqi oil cargo soon and seeks more Gulf oil. The company is willing to lift oil from inside the St...
India-Russia FTA talks with EAEU reach advanced stage, says Russian Deputy PM ManturovIndia and Russia's FTA negotiations are in an advanced stage, aiming for sustainable trade growth. This agreement will grant India access t...
Indian refiners widen oil search as attacks hurt Russian flowsIndian refiners are reducing Russian crude imports amid Ukrainian attacks on supply routes. They are now seeking alternative oil supplies f...
India pivots to US for LPG, LNG as West Asia crisis disrupts Gulf suppliesIndia is sharply increasing LPG and LNG imports from the United States as West Asia disruptions constrain traditional Gulf supplies. US LPG...