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Searched Tag: petroleum products
US Treasury Secretary Scott Bessent speaks on the sidelines of the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026.

US may lift 25% tariff if India cuts Russian oil imports: Bessent

January 24, 2026, 03:54 PM - 3 min read

US Treasury Secretary Scott Bessent said Indian refinery purchases of Russian oil have “collapsed” following a 25 per cent US tariff, hinting at a possible rollback if sourcing shifts, even as Congress considers harsher sanctions and India maintains its affordable energy policy.

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Prime Minister Narendra Modi inaugurates the bamboo-based ethanol plant at Numaligarh Refinery in Assam.

PM Modi inaugurates world’s first bamboo ethanol plant in Assam

September 14, 2025, 05:22 PM - 4 min read

Prime Minister Modi on Sunday inaugurates world’s first bamboo-based ethanol plant at Numaligarh, Assam, marking a major step for green energy and sustainable fuels in India.

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