russian oil

Trump dumps 25% tariff on India from Friday, plus penalty for buying Russian oil

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A New Chapter: US Ends Steel Tariffs on India, But a New Challenge Looms For Indian steel manufacturers, the mood is likely one of cautious ...

EU sanctions on Russia oil: Indian arm of UAE-based shipping company takes a hit; Indian-origin captain of crude oil tanker faces sanctions

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The EU has imposed sanctions on Intershipping Services Hub, an Indian subsidiary of a UAE-based firm, and Captain Abhinav Kamal for allegedly aiding Russian oil ...

Russia oil trouble hits: Shipowners and oil traders avoiding Russia-backed Nayara Energy in India; impact after EU sanctions

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Global shipping firms and petroleum traders are reportedly avoiding Nayara Energy, an Indian refiner, following recent EU sanctions linked to its significant stakeholder, Rosneft. Several ...

Russia oil sanctions: EU moves on crude, oil price cap may hit Reliance, Nayara; enforcing may be difficult, India may still benefit

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New EU sanctions on Russian oil pose challenges for Indian giants Nayara Energy and Reliance Industries, potentially restricting their access to European markets. Nayara faces ...

India’s Russian oil imports hit 11-month high in June; refiners stock up amid Middle East conflict: Report

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India’s crude oil imports from Russia surged to an 11-month high in June, reaching 2.08 million bpd, driven by refiners bolstering inventories amid geopolitical tensions. ...

‘Oil prices would have hit $120-130’: India says its oil imports from Russia helped global markets; Hardeep Puri hits out at critics

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Hardeep Puri, India’s Petroleum Minister, asserts that India’s continued Russian oil imports have stabilized global energy prices. Discontinuing this trade would have caused prices to ...