Tag: russia
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…
India a close 2nd to China with₹25,597 crore Russian oil buys
Indian refiners bought ₹2.5 billion (₹25,597 crore) worth of Russian crude in September, trailing China‘s ₹3.2 billion, according to Helsinki-based Centre for Research on Energy…
India taking up export barriers with Russia
India has identified more than 65 non-tariff barriers faced by its marine exports to Russia as well as the hurdles that its agricultural exports are…
Russian region of Tatarstan positions itself as gateway for Indian business
The Russian region of Tatarstan is eager to expand economic cooperation with India and could serve as a gateway for India to enter the local…