energy diversification

Easing trade tensions with Trump: India’s crude imports from US surge to highest since 2022; diversification away from Russian oil?

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India has significantly increased its crude oil imports from the US, reaching 540,000 barrels per day in October. This move aims to diversify oil sources ...

‘Starting to diversify’: Is India cutting back on Russian oil amid tariffs? What Trump aide said

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US trade representative Jamieson Greer claimed India is diversifying from Russian oil, despite a 50% tariff imposed, half of which targets India’s recent surge in ...

‘We don’t want to punish India’: American energy sec says New Delhi doesn’t need to buy Russian oil; gives this solution

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US Energy Secretary Chris Wright has urged India to reconsider its Russian oil imports, emphasizing the availability of alternative sources and alleging that these purchases ...

India-Azerbaijan energy ties: Crude oil shipments to New Delhi restart after 10-month halt; pricing dispute settled

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Azerbaijan Oil Flowing Back to India: A Win-Win for Energy Security? After a 10-month hiatus that had energy markets buzzing, crude oil shipments from Azerbaijan ...

‘Can support India’s goals for energy security’: US embassy official pitches America as major supplier of oil; says ‘committed to working with…’

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A US embassy official affirmed America’s commitment to partnering with India in energy security and economic growth. The US aims to be a major oil ...

India’s exposure to Russian oil disruption limited to $5 billion; global economy faces major risk: Report

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A Bank of Baroda report indicates India’s limited exposure to Russian oil export disruptions, estimating an additional $5 billion in annual import expenditure. While India ...

India faces $9–11 billion oil bill spike: Forced pivot from Russian crude after Trump’s ‘penalty’ could hit margins- What analysts say

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Amidst potential US penalties and EU sanctions, India faces a complex challenge in its Russian oil trade. A shift away from discounted Russian crude could ...

‘Will do what we need to do’: India takes tough stand on EU sanctions over Russian oil; ‘energy security top priority’

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Ahead of Prime Minister Modi’s UK visit, foreign secretary Vikram Misri on Tuesday addressed concerns over Western pressure regarding Russian oil imports, emphasizing India’s priority ...

Russia oil squeeze: Trump’s 100% tariff threat – should India panic?

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Amidst Trump’s threat of secondary tariffs on countries trading with Russia, will India’s crude oil supply face uncertainty? Russia has become India’s top oil supplier ...