Tag: India russia oil purchase

India ‘stopped’ buying oil from Russia, claims U.S. Treasury Secretary

January 22, 2026 admin

U.S. Secretary of the Treasury Scott Bessent also accused Europe of buying Russian oil and funding Russia’s war against Ukraine. | Photo Credit: AP U.S. Treasury Secretary Scott Bessent has claimed that India has “stopped” buying oil from Russia after U.S. President Donald Trump imposed a 25% tariff on countries purchasing oil from Moscow. Mr….

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Won’t absolutely discontinue Russian oil purchases as long as we are sanction compliant, says Indian Oil Executive

October 28, 2025 admin

Anuj Jain, Director of Finance, Indian Oil Corporation Ltd. Photo: Facebook/Indian Oil Corporation Ltd. We are not going to absolutely discontinue purchasing Russian crude oil as long as we are in compliance with all sanctions, Anuj Jain, Director of Finance at state-owned refiner Indian Oil stated in the second quarter investor call on Tuesday (October…

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Russia confident of continuing energy trade with India: Deputy PM Novak

October 16, 2025 admin

Russia’s Deputy Prime Minister Alexander Novak. File | Photo Credit: Reuters Russia is confident that its energy cooperation with India will “continue”, the country’s Deputy Prime Minister Alexander Novak said on Thursday, a day after U.S. President Donald Trump claimed New Delhi assured him of stopping purchase of oil from Russia. “We continue to cooperate…

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‘Maharaj’ in tariffs: White House Trade Adviser Navarro criticises India over Russian oil

August 22, 2025 admin

White House trade counsellor Peter Navarro speaks with reporters at the White House in Washington, D.C. on August 21, 2025. | Photo Credit: AP India is a “Maharaj” in tariffs and it is running a “profiteering scheme” by using discounted Russian crude oil, White House Trade Adviser Peter Navarro has said, in yet another sharp…

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