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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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Russia Offers 5% Discount On Oil To India Amid Trump Tariff Tensions
Russia will continue to supply oil to India, now at a 5 percent discount, despite the pressure and sanctions on the latter from the US. Meanwhile the US has accused India of funding the war in Ukraine by purchasing Russian oil.
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Russian Envoy's "Sabka Hardik Swagat" Greeting Leaves Reporters Surprised
In what was a pleasant surprise, Roman Babushkin, the Deputy Chief of Mission at the Russian Embassy in India, welcomed attendees at his press conference in Hindi.
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Marco Rubio Explains Why China Spared, India Faces Tariffs On Russian Oil
US Secretary of State Marco Rubio has explained why America has spared China -- Russia's biggest oil buyer -- from any secondary sanctions, even as 50 per cent tariffs were imposed on India, including a 25 per cent duty for buying Russian oil.
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They Lack 'Expertise' In Handling India: Expert On US' Op Sindoor Response
The way the US treated India at the end of Operation Sindoor shows a lack of expertise on their part in terms of understanding how to act towards India, Max Abrahms, an international security professor and author on terrorist dynamics said.
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How Much Will India's Fuel Bill Rise If It Stops Russian Oil Imports?
India's crude oil import bill could increase by USD 9 billion this financial year and USD 12 billion in the next, if the country stops buying Russian crude oil amid Washington's latest action against New Delhi over the purchases.
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How Moscow Might Respond If Trump Stops Russian Oil To India
US President Donald Trump's demand on India to halt Russian oil imports could threaten billions in Russian revenues, prompt Moscow to retaliate by stopping a major US-led oil pipeline and potentially lead to a new global supply crisis.
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"India An Ally, But Can't Align 100% Of Time": US On Trump Tariffs
US Secretary of State Marco Rubio on Thursday said that India's purchase of oil from Russia is "most certainly a point of irritation" in New Delhi's relationship with Washington.
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US Penalty On Buying Russian Oil, Arms - What's Been India's Stance
US President Donald Trump on Wednesday announced the US will impose a 25 per cent tariff on Indian imports starting August 1. The announcement came on Truth Social, the platform owned by the US president.
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On Iran's Hormuz Strait Closure Plan, Union Minister's Oil Supply Assurance: 5 Points
India is closely tracking oil trends after reports indicated Iran plans to close the Strait of Hormuz following the US attack on three nuclear sites. The Strait is a key shipping route, through which a fifth of global oil and gas supply flows.
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After US Strikes, Iran Plans To Close Oil Corridor Strait Of Hormuz: Report
Iran is considering closing the key oil shipping route Strait of Hormuz after the US bombed three of its nuclear facilities, Iranian media reported today.
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How Iran Threat On Strait Of Hormuz Could Affect Global, Indian Oil Supplies
Amid its escalating conflict with Israel, in which the US has also now taken part by bombing three key nuclear installations, Iran has warned that it may take the unprecedented step of closing the Strait of Hormuz.
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Trump Threatens More Tariffs On Russian Oil, How Will It Impact India's Supply
US President Donald Trump has indicated potential complications for Russian oil trade unless Moscow reaches an agreement on the Ukraine conflict soon.
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US Was 5th Top Oil Seller To India In January, Russia At No.1: Report
India's oil imports from the United States rose sharply in January from December, turning Washington as the fifth largest oil supplier to New Delhi, data obtained from trade sources show.
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China, India Refiners Scour The World For Oil Amid US Sanctions On Russia
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh US sanctions on Russian producers and tankers curb shipments to Moscow's top customers, traders said.
-
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.
-
Russia Offers 5% Discount On Oil To India Amid Trump Tariff Tensions
Russia will continue to supply oil to India, now at a 5 percent discount, despite the pressure and sanctions on the latter from the US. Meanwhile the US has accused India of funding the war in Ukraine by purchasing Russian oil.
-
Russian Envoy's "Sabka Hardik Swagat" Greeting Leaves Reporters Surprised
In what was a pleasant surprise, Roman Babushkin, the Deputy Chief of Mission at the Russian Embassy in India, welcomed attendees at his press conference in Hindi.
-
Marco Rubio Explains Why China Spared, India Faces Tariffs On Russian Oil
US Secretary of State Marco Rubio has explained why America has spared China -- Russia's biggest oil buyer -- from any secondary sanctions, even as 50 per cent tariffs were imposed on India, including a 25 per cent duty for buying Russian oil.
-
They Lack 'Expertise' In Handling India: Expert On US' Op Sindoor Response
The way the US treated India at the end of Operation Sindoor shows a lack of expertise on their part in terms of understanding how to act towards India, Max Abrahms, an international security professor and author on terrorist dynamics said.
-
How Much Will India's Fuel Bill Rise If It Stops Russian Oil Imports?
India's crude oil import bill could increase by USD 9 billion this financial year and USD 12 billion in the next, if the country stops buying Russian crude oil amid Washington's latest action against New Delhi over the purchases.
-
How Moscow Might Respond If Trump Stops Russian Oil To India
US President Donald Trump's demand on India to halt Russian oil imports could threaten billions in Russian revenues, prompt Moscow to retaliate by stopping a major US-led oil pipeline and potentially lead to a new global supply crisis.
-
"India An Ally, But Can't Align 100% Of Time": US On Trump Tariffs
US Secretary of State Marco Rubio on Thursday said that India's purchase of oil from Russia is "most certainly a point of irritation" in New Delhi's relationship with Washington.
-
US Penalty On Buying Russian Oil, Arms - What's Been India's Stance
US President Donald Trump on Wednesday announced the US will impose a 25 per cent tariff on Indian imports starting August 1. The announcement came on Truth Social, the platform owned by the US president.
-
On Iran's Hormuz Strait Closure Plan, Union Minister's Oil Supply Assurance: 5 Points
India is closely tracking oil trends after reports indicated Iran plans to close the Strait of Hormuz following the US attack on three nuclear sites. The Strait is a key shipping route, through which a fifth of global oil and gas supply flows.
-
After US Strikes, Iran Plans To Close Oil Corridor Strait Of Hormuz: Report
Iran is considering closing the key oil shipping route Strait of Hormuz after the US bombed three of its nuclear facilities, Iranian media reported today.
-
How Iran Threat On Strait Of Hormuz Could Affect Global, Indian Oil Supplies
Amid its escalating conflict with Israel, in which the US has also now taken part by bombing three key nuclear installations, Iran has warned that it may take the unprecedented step of closing the Strait of Hormuz.
-
Trump Threatens More Tariffs On Russian Oil, How Will It Impact India's Supply
US President Donald Trump has indicated potential complications for Russian oil trade unless Moscow reaches an agreement on the Ukraine conflict soon.
-
US Was 5th Top Oil Seller To India In January, Russia At No.1: Report
India's oil imports from the United States rose sharply in January from December, turning Washington as the fifth largest oil supplier to New Delhi, data obtained from trade sources show.
-
China, India Refiners Scour The World For Oil Amid US Sanctions On Russia
Chinese and Indian refiners are scouring the globe for supplies of crude as fresh US sanctions on Russian producers and tankers curb shipments to Moscow's top customers, traders said.
