India’s Russian Oil Imports Hit Record High In Feb, 35% Share Of Total Now
The rise in Russian imports have been at the expense of Saudi Arabia and United States.New Delhi: India’s imports of crude oil from Russia soared to a record 1.6 million…
“Comfortable” With India Approach On Russian Oil, No Sanctions: US
Fuel refined in India is not considered to be of Russian origin. (File)New Delhi: The US is not looking at sanctioning India over its oil purchase from Russia, Karen Donfried,…
EU Ban On Russian Oil Will “Further Imbalance” Markets: Kremlin
The European Union, G7 and Australia have already imposed a price ceiling on Russia’s oil exports.Moscow: The Kremlin warned Friday of a “further imbalance” to global energy markets ahead of…
G7 Agrees To Review Level Of Price Cap On Russian Oil In March: US
The G7 countries have agreed to review the level of the price cap on exports of Russian oil. (File)Washington: Group of Seven officials have agreed to review the level of…
Russia To Ban Oil Exports To Countries Using Price Cap From February
The ban may be lifted in special cases determined by President Putin. (File)Moscow, Russia: Russia issued a decree Tuesday to ban oil sales to countries and companies that comply with…
G-7 Joins EU On $60 Per Barrel Price Cap On Russian Oil: Statement
In line with EU, the G7 group on Friday officially agreed to cap price of Russian oil at $60 a barrel.Washington: The G7 group of wealthy democracies and Australia on…
India To Continue Buying Oil From All Countries Including Russia: Official
Russia’s share of India’s imports rose to nearly 1 million barrels per day, in OctoberNew Delhi: India will continue to buy crude oil from anywhere in the world, including Russia,…
US Says India Can Buy As Much Russian Oil As It Wants
India is now Russia’s largest oil customer other than China.New Delhi: The United States is happy for India to continue buying as much Russian oil as it wants, including at…
India Cools Off On Demand For Russian Crude Oil
India’s monthly Russian oil buying has fallen since hitting a record high in June.New Delhi: Indian refiners are set to skip purchases of Russia ESPO crude oil this month due…
From 2% To 13%, Nirmala Sitharaman Explains India’s Russian Oil Import
Nirmala Sitharaman said countries are finding their own way to get that Russian crude, gas.New Delhi: The share of Russian oil in India’s overall oil import basket increased from 2…