The Indian government has asked state oil companies to scoop up huge volumes of cheap crude oil from Russia, according to industry executives, strengthening commercial ties with the country even ...

NEW DELHI — In an unprecedented move, the European Union has imposed sanctions on an Indian oil refinery, targeting Nayara Energy’s Vadinar facility in Gujarat over its Russian ownership links ...

Saudi Arabia was the top destination for Russian seaborne fuel oil and vacuum gasoil (VGO) exports in June as the hot summer season required more energy consumption, according to traders and LSEG ...

EU sanctions on Russian oil supplies will impact India India’s sourcing strategies should be shaped by pragmatic considerations rather than ever-changing geopolitical currents ...

The EU’s latest sanctions will force Indian refiners reliant on Russian crude to find new markets, driving up costs for producers and consumers alike.

In the latest episode of Blueprint Explosive Exclusive, Shreya Upadhyay breaks down US Senator Lindsey Graham’s threat to “crush” India’s economy with tariffs over Russian oil imports ...

India is unflustered about finding alternative crude supplies if the US carries out a threat to expand tariffs to buyers of Russian oil, according to Indian Oil Minister Hardeep Singh Puri.

India's petroleum exports worth USD 15 billion to the EU are at risk due to new sanctions on Russian crude refined in third countries, says GTRI.

To tighten the screws on Moscow without causing an oil price spike, Washington should charge Russia’s customers a fee to avoid secondary tariffs, slashing Putin’s revenues and freeing up funds to help ...

Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle East producers and concerns about fuel outlook as tariffs ...

Russia oil sanctions: EU moves on crude, oil price cap may hit Reliance, Nayara; enforcing may be difficult, India may still benefit ...

The European Union has imposed fresh sanctions on Russia, targeting the Indian refinery associated with Rosneft, reducing the oil price cap, and adding more banking and fuel restrictions. This move ...