UK targets Russian crypto networks in latest sanctionsBritain has taken action against Russian-linked cryptocurrency platforms and banks. These entities are accused of helping Russia bypass san...
26 May, 2026, 07.08 PM IST
Iran war hands OPEC's swing producer crown to AmericaAmerica is now the world's energy superpower. The Iran war caused an oil crunch, but the U.S. is helping. It is increasing oil exports and ...
27 Apr, 2026, 11.42 AM IST
India's Russian oil imports more than triple to 5.3 billion euro in MarchIndia’s crude oil imports from Russia surged in March, with purchases tripling to €5.3 billion as volumes doubled and prices rose, accordin...
14 Apr, 2026, 06.47 PM IST
EU proposes to broaden sanctions on Russian crude in sweeping new packageThe European Commission has proposed a broad ban on services supporting Russia's seaborne crude oil exports, aiming to significantly cut Mo...
07 Feb, 2026, 07.08 AM IST
India’s $15 bn oil exports to EU at risk amid new Russia sanctionsIndia’s petroleum exports worth $15 bn to the European Union may be at risk due to the EU's new sanctions targeting refined products made f...
21 Jul, 2025, 07.09 AM IST
What’s in the EU’s 18th sanctions package against Russia: From oil price caps to shadow fleet crackdownThe European Union has approved an 18th sanctions package targeting Russia's oil and energy sectors, featuring a lower price cap on Russian...
18 Jul, 2025, 09.59 PM IST
Russia considering ban on diesel exports, Kommersant reportsThe Russian government is considering a ban on diesel exports to combat rising domestic prices, with Kommersant sources suggesting that a d...
24 Jul, 2024, 01.02 PM IST
India becomes 2nd-largest importer of Russian fuelsIndia purchased 32% of Russia's crude oil exports while the EU (8%) and Turkey (4%) were the third- and fourth-largest buyers. Crude import...
26 Dec, 2023, 11.34 PM IST
The Indian 'laundromat' exposes the 'refined' hypocrisy of EuropeFive countries have become "laundromats" for European countries that imposed price caps on Russian crude, according to a report by the Finn...
14 Jun, 2023, 05.26 PM IST
How the EU's ban on Russian crude affects oil flowsThe EU imposed a ban on maritime Russian crude oil imports from Dec. 5 and G7 countries set a price cap on Russian seaborne exports at $60 ...
18 Jan, 2023, 07.50 PM IST
Russia's oil export ban may bolster India crude importsThe West, which insists on a strict price cap on supplies from Moscow, has already imposed a ban on the bulk of Russian crude exports. Some...
31 Dec, 2022, 11.20 AM IST
Vladimir Putin signs decree banning Russian crude oil exports to countries that imposed price capRussia’s President Putin made a statement that oil exports will not be traded internationally to those countries that follow the price cap ...
29 Dec, 2022, 12.25 AM IST
Putin bans Russian oil exports to countries that implement price capThe decree, published on a government portal and the Kremlin website, was presented as a direct response to "actions that are unfriendly an...
27 Dec, 2022, 11.35 PM IST
Russia is feeling the pain of Europe’s oil embargoThe US Administration feared that EU sanctions on Russia’s seaborne crude, which came into effect on Monday, would send prices soaring. The...
11 Dec, 2022, 03.10 PM IST
Oil market has lately been roiled by West, Russia will decide what happens next, says reportOn December 5, the oil embargo, which the European Union agreed upon in May, came into effect.
06 Dec, 2022, 12.51 AM IST
India gorges on cheap Russian crude, but its fuel exports at riskImports of Russian crude by India hit a record high in May, and will likely rise again in June, according to data compiled by commodity ana...
02 Jun, 2022, 10.57 AM IST
EU may give more time and money to Hungary for agreeing to Russian oil banEU has decided to ban Russian oil trade, and this plan can lead to a big crisis in Hungary. EU has revised the Russian oil sanctions and is...
06 May, 2022, 08.35 PM IST