Trump sanctions bite! Oil heading to India, China falls steeply; but can the world permanently ignore Russian crude?
New US sanctions on Russian crude oil firms are causing major purchasers in China, India, and Turkey to distance themselves, leading to a significant decline ...
IndianOil to comply with US curbs on Russian oil
Navigating the Murky Waters: Indian Oil’s Stance on Russian Crude The global energy market, a complex web already tangled with geopolitical tensions, just got a ...
‘India, China scaling back Russian oil imports at Trump’s request,’ claims US – watch
White House press secretary Karoline Leavitt stated that India has reduced Russian oil imports at President Trump’s request, with China also scaling back purchases. Trump ...
‘Starting to diversify’: Is India cutting back on Russian oil amid tariffs? What Trump aide said
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 ...
Reality check for Trump! Why blame India for Russian crude trade? US, EU trade with Russia runs in billions
Donald Trump has criticized India for its continued oil and arms purchases from Russia, leading to a 25% tariff imposed by the US. Despite this, ...
Why no extra tariffs? US Secretary Marco Rubio defends US sparing China, Europe over buying Russian oil; warns sanctions risk global price surge
US State Secretary Marco Rubio has warned of potential energy price hikes if the US imposes secondary sanctions on China for processing Russian oil. This ...
‘Will do what we need to do’: India takes tough stand on EU sanctions over Russian oil; ‘energy security top priority’
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 sanctions: EU restrictions on Russian oil could hit India’s $15 billion fuel exports; ‘will have to walk a fine line…’
The EU’s new sanctions on Russian oil could jeopardize India’s $15 billion fuel exports. These sanctions target refined petroleum products made from Russian crude, potentially ...
OPEC+ announces sharp increase in July oil production
Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July. But in early 2025, OPEC+ ...
