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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…
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…
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…
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” »
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” »
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” »
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” »