Tag: russia
India boosts US crude oil buys as Russia imports dip| Business News
India saw more than a 65.6% annualised jump in petroleum crude imports, valued at $8.2 billion, from the United States, in April-December 2025, while imports…
India’s crude import cost slips below $60 a barrel| Business News
NEW DELHI: India’s average crude oil import cost fell below $60 a barrel on Monday, among the lowest it has been in five years despite global geopolitical…
Israeli trade negotiators to visit India in January for FTA talks
New Delhi: Israeli trade negotiators are expected to visit India in January for a pre-round of trade agreement (FTA) negotiations, an official said, adding that…
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…
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…
Reliance Industries says will abide by Europe, US sanctions on Russia| Business News
Reliance Industries, India’s biggest importer of Russian crude oil, will abide by western sanctions against Moscow, while maintaining its relationship with its current supplies. Reliance…
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…
India’s crude import costs rise as Russian share dips, amid pressure to reduce imports: Report
India’s average crude import cost has increased sharply versus the Dubai benchmark, in FY2026 so far, even as the share of Russian crude in the…
Reliance grabs Middle East crude amid US scrutiny of India’s Russian oil imports| Business News
Reliance Industries Ltd. bought middle-east crudes last week and may place more orders, in a sign that US pressure against India’s Russian oil imports may…
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…