Tag: India crude oil imports
Iran war can cut India GDP growth rate by 100 bps in FY27, EY says| Business News
The month-long Iran war, which is showing no signs of abating, can shave India’s GDP growth rate by a full percentage in FY27, according to…
Saudi Aramco is set to ship less crude oil to India, China amid raging Iran war| Business News
Saudi Arabia’s oil sales to Asia’s two biggest importers are set to come in at lower-than-usual levels next month, as the war raging across the…
National interest will be guiding factor: Foreign Secretary Misri on India’s energy procurement
India will maintain multiple sources for crude oil purchases and diversify them to ensure stability in the supply chain with national interests remaining the “guiding…
India will not always agree with everything US says or wants to do: Retired US Colonel amid trade talks
Amid ongoing talks with the United States over a trade deal, retired US Army Colonel and defence expert Douglas MacGregor stated on Saturday that India…
India imports more Russian crude, but mix of buyers shifts
India’s crude oil imports from Russia are on track to climb to a six-month high in December as the world’s third-biggest buyer defies U.S. sanctions…
‘India, Russia exploring ways to keep energy flow amid curbs’
Russia has proved its reliability to India as a solid partner for crude oil supplies, offering best price and quality options, the country’s ambassador to…
India’s crude import from US surges to highest since 2022
New Delhi: India’s crude oil imports from the United States climbed to their highest level since 2022 in October, a move seen as part of…
After 10-month hiatus, Azerbaijan begins crude oil exports to India
New Delhi: Azerbaijan has resumed crude oil exports to India after a 10-month hiatus, signalling a thaw in bilateral ties, with the two countries sorting…
Indian Oil-led refiners seek to fully revive Russia oil imports in pushback to US tariffs
India’s state-owned oil refiners, led by Indian Oil Corp. Ltd., want to fully revive Russian oil imports in a pushback against US tariffs, but plans…