India, Russia

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.
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.
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.
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 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.
Russian oil freight rates soar on sanctions-driven tanker shortage
Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions cut availability of tankers, three traders said and data showed.
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 ...
India Oil Corp drops after Q3 PAT slumps 64% YoY to Rs 2,873 cr
Indian Oil Corporation (IOCL) declined 3.08% to Rs 124.30 after the company's standalone net profit declined 64.36% to Rs 2,873.53 crore in Q3 FY25 as compared with Rs 8063.39 crore in Q3 FY24.
Easing crude oil prices: What does it mean for India?
For India, lower crude prices are expected to be a boon as they will reduce oil import costs, narrow the current account ...
India refiners ask ADNOC to offer oil delivered price as freight spikes, sources say
Indian state refiners have asked Abu Dhabi National Oil Co (ADNOC) to offer pricing of its crude on a delivered basis to ...
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 ...
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 ...
India likely to boost purchases of US oil, gas following Trump's announcement
India is likely to increase its purchases of U.S. oil and gas after U.S. President Donald Trump's announcement to maximise ...
India Today on MSN6h
Indian Oil turns to sweet crude as Russian oil supplies tighten: Report
The United States recently imposed sweeping sanctions on Russia, targeting its oil producers and shipping networks. This has ...