Tag: Oil imports

Russia currently supplies nearly a third of India's crude imports, averaging around 1.7 million barrels per day in 2025, of which approximately 1.2 mbd came directly from Rosneft and Lukoil. (Reuters)
Posted in Business

Lakshmi Mittal’s JV HPCL-Mittal Energy stops buying Russian crude amid US sanctions| Business News

HPCL-Mittal Energy Ltd., a joint venture of Lakshmi Mittal’s Mittal Energy and Hindustan Petroleum Corp. Ltd., has stopped buying Russian crude oil. The ships used…

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India imported 1.7 million barrels per day of Russian crude in the first nine months of 2025—that's 34% of total oil imports. (Reuters)
Posted in Business

India set to curtail Russian oil imports after new US sanctions on Rosneft, Lukoil: Report| Business News

India is set to curtail its Russian oil imports to comply with new US sanctions on two top Moscow-backed producers, Reuters reported on Thursday citing…

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India US & russia
Posted in Economy

India tries to balance US, Russia ties in pursuit of Trump deal

India is trying to find a way to maintain ties with both the US and Russia as it seeks to clinch a trade deal with…

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US President Donald Trump. (AFP)
Posted in Business

Indian Oil-led India refiners to pare down Russian oil imports after Trump comments| Business News

India’s Russian oil imports could drop as refiners led by Indian Oil Corp. Ltd. wait for official guidance from New Delhi after US President Donald…

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Posted in Economy

India’s vegetable oil imports surge 51% in September on higher crude palm oil shipments

India’s vegetable oil imports jumped 51 per cent to 16.39 lakh tonnes in September from a year earlier, driven by a surge in crude palm…

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