Fresh trouble for Russia-backed Nayara Energy! SBI stops trade & foreign currency transactions of Indian refinery; doesn’t want to risk US tariffs, EU curbs
State Bank of India has ceased trade and foreign currency dealings with Nayara Energy due to potential US sanctions, prioritizing compliance with international rules. This ...
‘China issue more complicated…’: After tariff on India, will Donald Trump impose additional duties on China for Russia oil trade? What JD Vance said
Donald Trump is considering tariffs on China for Russian oil imports. This follows a 25% tariff imposed on India for similar purchases. Vice President J ...
Policy dilemma: ‘We need to think hard’ on whether Russian oil imports are worth it; Nobel laureate Abhijit Banerjee links issue to US tariff removal
Nobel laureate Abhijit Banerjee suggests India reassess Russian oil imports due to increased US tariffs, potentially impacting $27 billion in exports. He proposes leveraging trade ...
Symbol of India-Russia ties takes a hard hit! How Russia-backed Indian refinery Nayara Energy is navigating a perfect storm – big hurdles challenge growth
Nayara Energy, formerly Essar Oil, faces significant challenges due to sanctions following EU’s sanctions on Russian ooil. These sanctions impact exports, shipping, and finances. While ...
India in crosshairs: Trump’s Russia oil tariffs- How it could make China great again
President Trump’s 50% tariff on Indian exports, triggered by continued Russian oil imports, risks unraveling US-India relations and pushing New Delhi closer to Moscow and ...
Donald Trump’s 25% additional tariff on India: What are ‘secondary tariffs’ and how do they differ from ‘secondary sanctions’? Explained
Donald Trump has announced a 25% ‘secondary tariff’ on Indian goods, effective August 27, to penalize India’s oil purchases from Russia. This aims to pressure ...
Nayara Energy trade: Russia-backed refinery exports first gasoline shipment after EU sanctions; diesel shipment to follow
Despite EU sanctions imposed in July, Russian-linked Nayara Energy has exported its first gasoline shipment, with the vessel Tempest Dream carrying 43,000 metric tons to ...
Russia oil in focus: Tankers deliver millions of barrels of Russian crude to India; no impact of Trump, EU pressure yet
Despite pressure from the US and EU, India continues importing Russian crude oil, with multiple tankers offloading millions of barrels at Indian refineries. This ongoing ...
India buying Russian oil an ‘irritant’ for Trump administration! How much crude does India get from Russia & will it stop after US penalty warning? Top 10 points
India faces potential US penalties due to its continued trade relations with Russia, specifically regarding oil and defence equipment purchases. Despite international pressure and sanctions, ...
‘Heard India not going to buy Russian oil,’ claims Donald Trump; calls it ‘good step’ – watch
Donald Trump claimed India halted Russian oil imports, calling it a “good step,” despite earlier threats of tariffs for continued trade with Russia. He also ...
