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India, Russia
Russia Set to Test New Delhi’s Nerve by Sending Sanctioned Oil and Tankers to India
Russia is sending cargoes of sanctioned oil to India on tankers that have been blacklisted by the US Treasury — setting up an acid test of Moscow's ability to get around aggressive measures imposed by Washington earlier this month.
Russia Tests Sanctions with Oil Shipments to India
Despite the latest round of sanctions by the US Treasury, Russia has managed to keep its four-week rolling average oil shipments fairly steady over the seven-day period to January 26
India says sanctioned Russian oil tankers can discharge before Feb 27
The United States has clarified to India that tankers loaded with Russian oil have to discharge by Feb. 27 under the latest sanctions targeting Moscow's oil revenue, India's oil secretary Pankaj Jain told reporters at an event.
India Ups Efforts To Seek Alternatives To Russian Oil
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by the West. That may be about to change.
U.S. Sanctions Are Squeezing India's Russian Oil Imports
New US sanctions on Russian oil tankers and energy companies threaten India's access to cheap crude, potentially driving up inflation and disrupting the global oil market.
Will Recent US Sanctions on Russian Oil Trigger an Oil Crisis in India?
Since the Ukraine war, India has become the second largest buyer of Russian crude oil, owing to the hefty discount Russia offered to bypass sanctions. Prior to the war, India secured most of its oil from the Middle East, with Russia not even featuring among India’s top 20 partners.
Russia Oil Trade to China, India Stalls as Sanctions Drive up Shipping Costs
Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped,
China and India stop trading in Russian oil because of US sanctions, Reuters reports
China and India have stopped trading in Russian oil as US sanctions have caused a sharp rise in tariffs for tanker freight. Source: Reuters Details: According to traders and shipping companies, the trade in Russian oil that was loaded in March has stopped in Asia as a large price gap between buyers and sellers has emerged in China.
Russia defies US sanctions, sends sanctioned oil tankers to India
Russia has continued to send cargoes of crude oil to India on tankers that have been sanctioned by the US, Bloomberg reported on Tuesday. This situation presents a crucial test of Moscow’s ability to circumvent the stringent sanctions implemented by Washington earlier this month.
Sanctions tighten grip on Russian oil, pushing China and India away
As reported by Reuters, these sanctions have already had tangible effects. The main recipients of Russian oil, China and India, have suspended purchases from Russia because the de
9h
Is India’s Energy Sector Heading For A Big Investment Boom?
India may be the world's third-largest economy. To sustain this growth, the government is sparking nothing short of an ...
7h
Dividend-paying oil PSU stock declares Q3 results 2025 date. Details here
Oil India Ltd will announce its Q3FY25 financial results on February 7, 2025. A board meeting is scheduled to approve the ...
5d
on MSN
India's BPCL sees March Russian oil intake down 20% as it awaits offers
India's state-run refiner Bharat Petroleum Corp sees its Russian oil processing down to 20% in March from 31% this month as ...
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India’s oil demand likely to hit yet another record in 2025-26 as consumption of major fuels set to rise
The consumption growth is expected to be led by fuels and products like petrol, aviation turbine fuel (ATF), liquefied ...
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