Tag: us sanctions on russia

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Posted in Economy

US signals possible rollback of 25% tariff on India as Russian oil imports fall

New Delhi|Davos: The US has signalled the potential removal of additional 25% tariffs on India, following sharply lower imports of Russian oil. “We put a…

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Posted in Economy

‘Relieve the tariff,’ US senator says Indian envoy asked him to convey to Trump amid oil squeeze

New York/Washington: US Senator Lindsey Graham has claimed that Indian Ambassador to the US Vinay Kwatra informed him about New Delhi reducing its purchases of…

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Reliance Industries, which operates the world's largest refinery in Jamnagar, Gujarat, has a long-term deal to buy nearly 500,000 barrels per day of crude oil from Rosneft. (Reuters)
Posted in Business

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…

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Posted in Economy

India keeps taking Russia turn even as Trump says stop

India’s trade relationship with Russia is gaining strength, as New Delhi moves to boost economic ties despite pressure from the United States over energy imports….

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