Tag: Russian crude oil

Why is Ukraine attacking Russian refineries amid a global oil crisis?

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Why is Ukraine attacking Russian refineries amid a global oil crisis?

Ukraine’s Defence Ministry released a statement on April 2, 2026, headlined ‘Hellish strikes on Russia: the Defence Forces of Ukraine hit five strategic plants and ten oil refining facilities in March’. The statement, which listed the Russian oil installations Ukraine had attacked, said, “each such strike on Russia was part of a systematic effort to…

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Russia offers to increase supply of crude oil, LNG to India amid war in West Asia

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Russia offers to increase supply of crude oil, LNG to India amid war in West Asia

External Affairs Minister S. Jaishankar meeting First Deputy Prime Minister of Russia Dennis Manturov, in New Delhi on Thursday, April 2, 2026. | Photo Credit: ANI With the West Asia crisis continuing to drive volatility in the global energy market, Russia has offered to increase supply of crude oil and natural gas to India even…

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

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

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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