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China In "Opportunistic" Move, Pounces On Cheap Russian Oil, As Indian Demand Dips
Chinese refineries have ramped up their crude oil purchases from Russia as demand from India has weakened. Trump has threatened to impose secondary tariffs on goods from countries importing Russian oil in to pressure Moscow to end the war in Ukraine.
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"Unacceptable": US On India 'Buying Russian Oil, Reselling' Amid Ukraine War
US Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from its sharply increased purchases of Russian oil during the war in Ukraine, saying Washington viewed the situation as unacceptable.
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US Senator Urges India To Use Its 'Influence' To Help Trump End Ukraine War
US Senator Lindsey Graham has urged India to use its "influence" to help President Donald Trump end the Ukraine war, hours after Prime Minister Narendra Modi spoke to Russian President Vladimir Putin.
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"Wanted Cheap Russian Crude Oil, Just Like India, But...": Imran Khan
Former Pakistan Prime Minister and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan once again lauded India's foreign policy and said that Islamabad "wanted to get cheap Russian crude oil just like India".
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Pakistan Making Efforts To Purchase Russian Oil At $50 Per Barrel: Report
Pakistan, which is currently grappling with high external debt and a weak local currency, is desperate to purchase cheap crude at discounted rates from Russia.
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"Comfortable" With India Approach On Russian Oil, No Sanctions: US
The US is not looking at sanctioning India over its oil purchase from Russia, Karen Donfried, US Assistant Secretary of State for European and Eurasian Affairs, said on Wednesday.
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How India Is Turning Russian Oil Into The West's Fuel
India is playing an increasingly important role in global oil markets, buying more and more cheap Russian oil and refining it into fuel for Europe and the US.
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Putin Says Russia Has "No Interest" In Absorbing Belarus
Russian President Vladimir Putin said Monday his country has "no interest" in absorbing Belarus, Moscow's main ally that heavily depends on it for cheap oil and loans.
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''If You (India) Benefit From Our Suffering...": Ukraine Minister's Message
Ukraine's Foreign Minister has hit out at India over imports of cheap Russian oil, referring to it as being ''morally inappropriate.''
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More Oil Middlemen Muscle In To Supply India With Russian Crude
India is set to get more channels to buy cheap Russian oil, with a new wave of smaller, international traders muscling into its vast market by offering barrels shunned by rivals after the invasion of Ukraine.
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India's Imports Of Cheap Russian Crude Surge Since Ukraine Invasion
The volumes of India's seaborne oil imports from Russia exclude CPC Blend oil, which is also exported via Russia's Black Sea port, but mostly supplied by Kazakhstan's subsidiaries of western countries as transit volumes.
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India's April Crude Oil Imports At 3-1/2 Year High On Cheap Russia Supply
India's April crude oil imports were the highest in 3-1/2 years as the world's third biggest oil importer and consumer ramped up discounted Russian oil purchases to fuel a recovery in demand and fight high prices.
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India Gorges On Cheap Russian Crude, But Its Fuel Exports At Risk: Russell
Imports of Russian crude by India hit a record high in May, and will likely rise again in June, according to data compiled by commodity analysts Kpler.
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Exclusive: Russia Has No Extra Oil To Sign Deals With Two Indian Buyers; Sources
Indian refiners have been snapping up cheap Russian oil, shunned by western companies and countries since sanctions were imposed against Moscow for its invasion of Ukraine on Feb. 24, which Russia calls a "special military operation".
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Opinion: India Gorges On Cheap Russian Crude, But There's A Big Risk
Indian oil refiners are sucking up cheap Russian crude, but the risk is that their exports of refined products will eventually attract sanctions from countries determined to cut Russian energy out of global markets.
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China In "Opportunistic" Move, Pounces On Cheap Russian Oil, As Indian Demand Dips
Chinese refineries have ramped up their crude oil purchases from Russia as demand from India has weakened. Trump has threatened to impose secondary tariffs on goods from countries importing Russian oil in to pressure Moscow to end the war in Ukraine.
-
"Unacceptable": US On India 'Buying Russian Oil, Reselling' Amid Ukraine War
US Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from its sharply increased purchases of Russian oil during the war in Ukraine, saying Washington viewed the situation as unacceptable.
-
US Senator Urges India To Use Its 'Influence' To Help Trump End Ukraine War
US Senator Lindsey Graham has urged India to use its "influence" to help President Donald Trump end the Ukraine war, hours after Prime Minister Narendra Modi spoke to Russian President Vladimir Putin.
-
"Wanted Cheap Russian Crude Oil, Just Like India, But...": Imran Khan
Former Pakistan Prime Minister and Pakistan Tehreek-e-Insaf (PTI) chief Imran Khan once again lauded India's foreign policy and said that Islamabad "wanted to get cheap Russian crude oil just like India".
-
Pakistan Making Efforts To Purchase Russian Oil At $50 Per Barrel: Report
Pakistan, which is currently grappling with high external debt and a weak local currency, is desperate to purchase cheap crude at discounted rates from Russia.
-
"Comfortable" With India Approach On Russian Oil, No Sanctions: US
The US is not looking at sanctioning India over its oil purchase from Russia, Karen Donfried, US Assistant Secretary of State for European and Eurasian Affairs, said on Wednesday.
-
How India Is Turning Russian Oil Into The West's Fuel
India is playing an increasingly important role in global oil markets, buying more and more cheap Russian oil and refining it into fuel for Europe and the US.
-
Putin Says Russia Has "No Interest" In Absorbing Belarus
Russian President Vladimir Putin said Monday his country has "no interest" in absorbing Belarus, Moscow's main ally that heavily depends on it for cheap oil and loans.
-
''If You (India) Benefit From Our Suffering...": Ukraine Minister's Message
Ukraine's Foreign Minister has hit out at India over imports of cheap Russian oil, referring to it as being ''morally inappropriate.''
-
More Oil Middlemen Muscle In To Supply India With Russian Crude
India is set to get more channels to buy cheap Russian oil, with a new wave of smaller, international traders muscling into its vast market by offering barrels shunned by rivals after the invasion of Ukraine.
-
India's Imports Of Cheap Russian Crude Surge Since Ukraine Invasion
The volumes of India's seaborne oil imports from Russia exclude CPC Blend oil, which is also exported via Russia's Black Sea port, but mostly supplied by Kazakhstan's subsidiaries of western countries as transit volumes.
-
India's April Crude Oil Imports At 3-1/2 Year High On Cheap Russia Supply
India's April crude oil imports were the highest in 3-1/2 years as the world's third biggest oil importer and consumer ramped up discounted Russian oil purchases to fuel a recovery in demand and fight high prices.
-
India Gorges On Cheap Russian Crude, But Its Fuel Exports At Risk: Russell
Imports of Russian crude by India hit a record high in May, and will likely rise again in June, according to data compiled by commodity analysts Kpler.
-
Exclusive: Russia Has No Extra Oil To Sign Deals With Two Indian Buyers; Sources
Indian refiners have been snapping up cheap Russian oil, shunned by western companies and countries since sanctions were imposed against Moscow for its invasion of Ukraine on Feb. 24, which Russia calls a "special military operation".
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Opinion: India Gorges On Cheap Russian Crude, But There's A Big Risk
Indian oil refiners are sucking up cheap Russian crude, but the risk is that their exports of refined products will eventually attract sanctions from countries determined to cut Russian energy out of global markets.
