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Tag: India Russia oil trade

Trump signs Russia sanctions bill into law

Posted on September 18, 2026 By admin
Trump signs Russia sanctions bill into law

U.S. President Donald Trump. | Photo Credit: AP U.S. ​President ⁠Donald Trump on ‌Friday (September 18, 2026) ‌signed ‌the ⁠Russia ⁠sanctions ​bill ‌into law, the White ‌House ​said ⁠in a ‌statement. Published – September 19, 2026 03:29 am IST Source link

World

Share of Russian oil in Indian imports rises to 38%, premium paid jumps 425% in April 2026

Posted on June 6, 2026 By admin
Share of Russian oil in Indian imports rises to 38%, premium paid jumps 425% in April 2026

Russia’s share stood at about 34% in terms of the volume of India’s oil imports in April 2026. File photo for representational purposes only. | Photo Credit: Reuters Russia’s share in the value of India’s oil exports jumped back up to a 11-month high of nearly 38% in April 2026 as India continued to increase…

Read More “Share of Russian oil in Indian imports rises to 38%, premium paid jumps 425% in April 2026” »

Business

Russia’s share in Indian oil imports jumped in March, but discount turned into a premium

Posted on May 6, 2026 By admin
Russia’s share in Indian oil imports jumped in March, but discount turned into a premium

The MT Desert Kite tanker carrying Russian oil seen at Narara Marine National Park in the Arabian Sea, Gujarat, on March 11 , 2026. Image for representational purposes only. | Photo Credit: Reuters The West Asia crisis and the resultant supply constraints have meant that not only has Russia’s share in India’s oil imports jumped…

Read More “Russia’s share in Indian oil imports jumped in March, but discount turned into a premium” »

Business

Except Trump, nobody has stated India’s refusal to buy Russian oil: FM Sergei Lavrov tells country’s Parliament

Posted on February 11, 2026 By admin
Except Trump, nobody has stated India’s refusal to buy Russian oil: FM Sergei Lavrov tells country’s Parliament

Russian Foreign Minister Sergei Lavrov. fILE | Photo Credit: Reuters Except U.S. President Donald Trump, nobody else has declared that India will stop buying Russian oil, Foreign Minister Sergei Lavrov told the country’s parliament on Wednesday (February 11, 2026). Mr. Lavrov’s comments came two days after Russia accused the U.S. of attempting to prevent India…

Read More “Except Trump, nobody has stated India’s refusal to buy Russian oil: FM Sergei Lavrov tells country’s Parliament” »

World

U.S. looking to expand strategic relationship with Pakistan, but not at expense of ties with India: Rubio

Posted on October 26, 2025 By admin
U.S. looking to expand strategic relationship with Pakistan, but not at expense of ties with India: Rubio

U.S. Secretary of State Marco Rubio spoke to the press ahead of his trip to Malaysia for the ASEAN summit. File | Photo Credit: Reuters The U.S. sees an opportunity to expand its strategic relationship with Pakistan but it will not be at the expense of its historic and important ties with India, U.S. Secretary…

Read More “U.S. looking to expand strategic relationship with Pakistan, but not at expense of ties with India: Rubio” »

World

Trump claims India will ‘almost stop’ buying Russian oil by year-end

Posted on October 23, 2025 By admin
Trump claims India will ‘almost stop’ buying Russian oil by year-end

U.S. President Donald Trump. File | Photo Credit: Reuters U.S. President Donald Trump has reiterated his claim that India has agreed to “stop” buying oil from Russia and would bring them down to “almost nothing” by the end of the year. However, he said that it is a process and will take some time. Mr….

Read More “Trump claims India will ‘almost stop’ buying Russian oil by year-end” »

World

India’s Russian oil import rebound in Oct after dip in previous quarter: Kpler data

Posted on October 17, 2025 By admin
India’s Russian oil import rebound in Oct after dip in previous quarter: Kpler data

India’s crude oil imports from Russia strengthened in the first half of October, reversing a three-month slide in arrivals seen during July-September as refineries were back on full stream to meet festive demand, according to ship tracking data. Imports from Russia slid from over 2 million barrels per day in June to 1.6 million bpd…

Read More “India’s Russian oil import rebound in Oct after dip in previous quarter: Kpler data” »

Business

Will India cave in to U.S. pressure on Russian oil? | Explained

Posted on August 9, 2025 By admin
Will India cave in to U.S. pressure on Russian oil? | Explained

The story so far: On August 6, U.S. President Donald Trump announced a whopping 25% penalty tariff on Indian goods for India’s import of Russian oil. This was on top of the 25% reciprocal tariffs announced on July 31 after Indian and U.S. negotiators failed to reach a Free Trade Agreement (FTA). Also Read |…

Read More “Will India cave in to U.S. pressure on Russian oil? | Explained” »

Business

Indian state refiners pause Russian oil purchases, sources say amid Trump’s tariffs

Posted on August 1, 2025 By admin
Indian state refiners pause Russian oil purchases, sources say amid Trump’s tariffs

Image used for representation purpose only. Indian Oil Corp, Hindustan Petroleum Corp, Bharat Petroleum Corp and Mangalore Refinery Petrochemical Ltd — have not sought Russian crude in the past week or so | Photo Credit: Reuters Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S….

Read More “Indian state refiners pause Russian oil purchases, sources say amid Trump’s tariffs” »

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