India Russia oil

India bought a record amount of Russian oillast month, with the country importing a whopping 33 times more than a year earlier. The world’s third-biggest crude importer purchased an average of 1.2 million barrels a day from Russia in…

NEW DELHI: India will continue to buy crude oil from anywhere in the world, including Russia, to meet its energy needs, a top official said ahead of EU restrictions on Russian oil kicking in. The executive body of the European Union has…

The ongoing Russia-Ukraine war in Europe has entered its tenth month now. One of the biggest economic fallouts of the war has been a spike in global energy prices. As a country that imports more than 80% of its energy requirements, India,…

NEW DELHI: Indian refiners are set to skip purchases of Russia ESPO crude oilthis month due to higher freight rates, turning to Africa and the Middle East instead, industry sources said. India, which rarely used to buy Russian oil, has…

NEW DELHI: India has received 34 million barrels of discounted Russian oil since Moscow invaded Ukraine on February 24, according to Refinitiv Eikon data, more than trebling the value of total imports from Russia, including other products,…

Unlike other members of the Quad countries, India has not imposed sanctions on Russia Unlike other members of the Quad countries, India has not imposed sanctions on Russia India's largest gas transmitter GAIL is open to buying Russian…

NEW DELHI: Dividend income of about 8 billion roubles (about Rs 1,000 crore) from investments of over $5 billion made in two Russian oil fields by a consortium of Indian state-run oil companies remain stuck after Moscow restricted dollar…

LONDON: Major global trading houses are planning to reduce crude and fuel purchases from Russia's state-controlled oil companies as early as May 15, sources said, to avoid falling foul of European Union sanctions on Russia. The EU has not…

<!-- -->"Energy imports are not banned and they don't violate our sanctions," the White House official said.Washington: In a major shift in its tone on India's energy imports from Russia, the United States on Monday (local time) said…