The UK announced that it was lowering the price cap on Russian oil products traded by maritime services. Importing Russian ...

But while the Indian government may not be deterred by Trump’s threats, sources told Reuters this week that Indian state ...

Trump threatened 100% tariffs on countries that buy Russian oil unless Moscow reaches a major peace deal with Ukraine. Russia ...

Russian oil, which accounted for less than 0.2% of India's imports before the war, now makes up 35-40% of the country's crude ...

India may face a $9–11 billion spike in oil import costs if US penalties force it to cut Russian crude. With EU sanctions also tightening, refiners like Reliance and Nayara could lose margins, ...

In February 2021, India's crude oil import strategy underwent a significant shift as the country began substantially ...

With sanctions tightening, Indian refiners face export hurdles, higher costs, and shrinking margins if forced to pivot from ...

New Delhi: India will keep purchasing oil from Russia despite US President Donald Trump’s threats of penalties, two Indian government sources said, not wishing to be identified due to the sensitivity ...

India has decided to continue importing oil from Russia despite warnings of sanctions from former U.S. President Donald Trump ...

Risk follows US threats of imposing new tariffs linked to India’s continued purchases of Russian oil and defence equipment ...

The influx of discounted Russian crude also enabled India to refine the oil and export petroleum products, including to ...

India, the world's third-largest oil consumer and importer, has reaped significant benefits by swiftly substituting ...