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August 8, 2026, 01:52 PM - 3 min read
The US Senate has passed a Russia sanctions bill giving Donald Trump power to impose tariffs of up to 100% on countries buying Russian oil and gas, putting India at risk.
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July 17, 2026, 06:02 PM - 3 min read
The tariffs will target China, India, Slovakia, Hungary and Azerbaijan for purchasing Russian oil; the bill’s content has obtained the backing of US President Donald Trump and could be passed before August
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July 8, 2026, 12:58 PM - 6 min read
It is extremely unlikely that Putin will give in to pressure and withdraw from Ukraine. With both sides convinced they can win, there is little prospect of the war ending any time soon.
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June 13, 2026, 09:29 AM - 3 min read
In India's defence, Valtonen noted that the country had bought oil under the price cap as intended, explaining that the objective was to prevent global market disruption whilst ensuring Russia did not enjoy massive profit margins.
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April 26, 2026, 06:41 PM - 3 min read
The CIC has upheld denial of detailed Russia crude import data under RTI, citing strategic and economic interests, while directing the Petroleum Ministry’s PPAC to improve transparency disclosures.
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March 18, 2026, 08:49 PM - 3 min read
Seven Russian oil tankers reroute from China to India mid-voyage as refiners boost purchases amid West Asia tensions and US sanctions waiver.
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March 13, 2026, 08:27 AM - 2 min read
The US granted a similar waiver from sanctions to India, allowing it to buy Russian oil, in an effort to cool oil prices, which have risen since the war began on February 24.
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March 7, 2026, 06:10 PM - 3 min read
A visibly angry Farooq Abdullah while slamming US said that country has to decide what is good for it, and nobody else should decide its future. CPM senior leader and MLA MY Tarigami has also urged India to condemn US-Israel strikes on Iran.
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March 6, 2026, 08:30 AM - 3 min read
The waiver is strictly limited to shipments that were already loaded onto tankers before the most recent round of sanctions hit.
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February 22, 2026, 03:35 PM - 4 min read
India's crude oil strategy sees Saudi Arabia reclaiming top spot as Russian supplies moderate under geopolitical pressures.
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February 20, 2026, 05:20 PM - 3 min read
India to operationalise interim US trade pact in April 2026; FTAs with UK, Oman also likely next month, says Piyush Goyal.
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February 8, 2026, 06:55 PM - 3 min read
India is set to gradually reduce Russian crude oil imports under a US trade understanding, though refiners like Nayara Energy may continue purchases due to limited sourcing alternatives.
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