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India, Russia
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.
Sanctioned Russian Oil Tankers Get Temporary Reprieve in India
India receives a temporary reprieve to unload sanctioned Russian oil until February 27, but the future of its Russian oil imports remains uncertain amidst US sanctions.
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.
US sanctions’ impact on Russian oil trade showing, Indian refiners seek more oil from Middle East
Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil volumes should not be difficult.
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.
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 it awaits offers from traders, its head of finance Vetsa Ramakrishna Gupta told an analyst call on Thursday.
How US sanctions on Russia shadow fleet may impact India oil imports
The latest sanctions package would certainly have an impact on India’s oil imports, given Russia is currently the biggest crude oil source market for India. How it would really pan out would be contingent upon various variables.
Why India’s BPCL expects lower processing of Russian crude in March?
Bharat Petroleum Corp (BPCL), a state-owned oil refiner in India, anticipates a reduction in its processing of Russian oil to 20% in March, compared to 31% in the current month. This information was shared by Vetsa Ramakrishna Gupta,
BPCL sees March Russia oil intake down 20%
India's Bharat Petroleum Corp projects a decline in Russian oil processing to 20% in March from 31% in February due to unclear supply conditions. The company copes by sourcing alternatives and expanding tenders,
1h
on MSN
India would continue buying Russian crude if available at discount: Hardeep Puri
India will continue purchasing crude oil from Russia if it is available at a discount, according to Union Minister Hardeep ...
2d
India expands Russian insurers' pool after US sanctions
India has allowed Russian insurer Soglasie Insurance Company to provide marine cover to tankers entering Indian ports, ...
7h
India’s oil imports from US likely to go up but refiners to evaluate logistics costs, discounts
The jump in India’s imports from the US could arise from increased output under new President Donald Trump but the actual ...
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