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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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February 7, 2026, 08:09 AM - 4 min read
US President Donald Trump issued a separate executive order rescinding 25 per cent additional tariffs for India’s purchase of Russian oil, saying India has committed to stop importing Russian oil and buy more US energy products. The order, however, warns that tariffs would be reimposed if India “resumes” Russian oil imports
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January 25, 2026, 05:21 PM - 3 min read
India’s crude imports from Russia have fallen amid US sanctions, while shipments from Iraq and Saudi Arabia rise. The shift reflects compliance pressures and a preference for reliable, predictable supplies.
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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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January 22, 2026, 10:00 PM - 3 min read
Prime Minister Narendra Modi said Brazilian President Luiz Inácio Lula da Silva would visit India soon, stressing that closer India–Brazil cooperation is vital for advancing the interests of the Global South, amid global trade uncertainty and ongoing tariff tensions involving the US.
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January 9, 2026, 10:05 PM - 2 min read
India said it was “fully aware” of a proposed US bill seeking 500 per cent tariffs on buyers of Russian oil and is closely monitoring developments, reiterating that its energy policy is driven by global markets and affordability concerns.
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