The United States has clarified to India that tankers loaded with Russian oil have to discharge by Feb. 27 under the latest ...
India's state-run refiner Bharat Petroleum Corp sees its Russian oil processing down to 20% in March from 31% this month as ...
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by ...
Since the Ukraine war, India has become the second largest buyer of Russian crude oil, owing to the hefty discount Russia ...
India receives a temporary reprieve to unload sanctioned Russian oil until February 27, but the future of its Russian oil ...
Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil ...
Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and ...
Union Minister Hardeep Singh Puri on Friday said that India would continue buying crude oil from Russia if it is available at ...
India has allowed Russian insurer Soglasie Insurance Company to provide marine cover to tankers entering Indian ports, ...
The wide-ranging sanctions imposed by the US on the Russian oil sector have started to dent near-term oil flows to India with ...
For India, lower crude prices are expected to be a boon as they will reduce oil import costs, narrow the current account ...
Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the ...