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Searched Tag: hpcl

US President Donald Trump earlier this week announced he would impose an additional 25 per cent tariff on US imports from India – raising the overall duty to 50 per cent – as a penalty for the country's continued imports of Russian oil.

HPCL chief says no govt order on Russian oil

August 8, 2025, 04:05 PM - 3 min read

Vikas Kaushal said the Indian government has neither directed its oil companies to halt nor continue the purchase of Russian oil, allowing them the freedom to make procurement decisions

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India’s state-run oil firms suspend Russian crude purchases

August 1, 2025, 06:26 PM - 3 min read

US pressure and shrinking discounts have prompted India’s state-run refiners to halt Russian crude imports, signalling a shift in a key Moscow energy partnership.

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