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India crude oil imports (AI image) With supply of Russian crude hit due to US President Donald Trump’s sanctions, Indian refiners are looking at other sources of oil to fill the gap. Refiners are swiftly reshaping their crude sourcing strategy to offset reduced availability of Russian oil affected by US sanctions.While a more complete assessment…
US Treasury Secretary Scott Bessent claimed that India has scaled back purchases of Russian oil following trade action taken by President Donald Trump, linking New Delhi’s move to the imposition of tariffs by Washington.Speaking at the World Economic Forum in an interview with Fox Business, Bessent, talking about the Russian Sanctions Bill, said India began…
US President Donald Trump (AP photo) US President Donald Trump late Sunday once again strongly reiterated his desire to bring Greenland under American control, claiming that Denmark had failed to counter the “Russian threat” to the Arctic island and declaring that “now it is time, and it will be done.”In a post on Truth Social,…
Representative image (AI-generated) State-run Indian Oil Corp and Rosneft-backed Nayara Energy have increased their purchases of Russian crude in January. This comes even as India’s overall imports from Russia have declined under US sanctions.Reliance Industries, India’s largest buyer over the past year, along with several other refiners, has not received any supplies this month. This…
NEW DELHI: India’s import of Russian crude recorded a sharp 29% month-on-month decline, falling to the lowest volumes since implementation of the price cap policy, but is making a strong turnaround in January this year, Centre for Research on Energy and Clean Air (CREA) said in its monthly analysis of Russian fossil fuel exports for…
India fell to third place among buyers of Russian fossil fuels in December 2025 after sharp cuts in crude oil imports by Reliance Industries and state-owned refiners, a European think tank said on Tuesday.According to data from the Centre for Research on Energy and Clean Air (CREA), India’s total imports of Russian hydrocarbons stood at…
SHIMLA: A 26‑year‑old merchant navy officer from Himachal Pradesh’s Kangra district was among three Indians on board a Russian‑flagged tanker recently seized by the United States, his family said on Sunday, appealing to Prime Minister Narendra Modi to ensure his safe return to India.Rakshit Chauhan, who was sent to Venezuela on his first sea assignment…
India on Friday said it is closely monitoring developments around a proposed US legislation that seeks to impose steep tariffs of up to 500% on countries procuring Russian crude oil, amid growing pressure from Washington, PTI reported.“We are aware of the proposed bill. We are closely following the developments,” External Affairs Ministry spokesperson Randhir Jaiswal…
Russia has escalated war against Ukraine by firing its rarely used Oreshnik intermediate-range ballistic missile during a massive overnight barrage, Ukrainian authorities said, as Kyiv released images of missile fragments recovered near the western city of Lviv. The strike marked only the second known battlefield use of the nuclear-capable weapon, which Moscow claims is impossible…
A 500% tariff would effectively shut down India’s goods and services exports to the United States. (AI image) Will India face 500% tariffs from the US soon? It’s a question that’s on the mind of everyone after US Senator Lindsey Graham said that President Donald Trump has given the go ahead for a bill that…
