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Searched Tag: russian oil
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Russian oil imports fall, middle east gains share

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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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 with Brazilian President Luiz Inácio Lula da Silva.

Brazil Prez to visit India soon, says Modi after call with Lula

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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India 'fully aware' of US bill on 500% tariffs for Russian oil

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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US President Donald Trump

PM Modi ‘not that happy with me’ over tariffs: Trump

January 6, 2026, 11:33 PM - 2 min read

“I have a very good relationship with him. He is not that happy with me because they are paying a lot of tariffs now. They say they are not doing the oil, but they are. They have now reduced it very substantially, as you know, from Russia,” Trump said.

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The number placed India as the second-largest buyer of Russian fossil fuels in October behind China, according to CREA, ahead of new sanctions being slapped on Russian oil entities

India’s Russian oil purchase unchanged in Oct

November 16, 2025, 01:42 PM - 4 min read

According to European think tank, CREA, India’s Russian crude imports in October recorded an 11 per cent month-on-month increase, with state-owned refineries almost doubling their Russian volumes month-on-month in the month

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US President Donald Trump leaves for a five-day Asia tour.

Trump’s Asia tour begins with ASEAN Summit in Malaysia

October 26, 2025, 10:22 AM - 2 min read

Trump once again claims India will halt Russian oil imports "completely", even as New Delhi insists its energy choices are guided by national interest, not Washington's wishes.

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US President Donald Trump with Prime Minister Narendra Modi at the White House.

Trump reiterates India-Russia oil claim despite Delhi denial

October 18, 2025, 07:08 PM - 2 min read

Trump claims India will halt Russian oil imports to pressure Moscow, but New Delhi denies any discussions, highlighting tensions between energy policy and diplomacy.

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US President Donald Trump and Prime Minister Narendra Modi have had a friendly personal equation.

India rejects Trump's 'destroy career' joke on Modi

October 17, 2025, 08:22 AM - 5 min read

US President claims PM Modi promised to stop buying Russian oil, but Indian government has denied the two leaders had such a phone call

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MEA spokesperson Randhir Jaiswal briefing reporters in New Delhi.

No call between PM Modi and Trump yesterday, MEA clarifies

October 16, 2025, 09:24 PM - 3 min read

India has rejected claims by US President Donald Trump that PM Modi assured him of stopping Russian oil imports, reiterating that energy policy decisions are sovereign.

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Donald Trump said he had flagged concerns with PM Modi about India’s continued imports of Russian crude.

PM Modi assured 'India won't buy oil from Russia': Trump

October 16, 2025, 08:19 AM - 4 min read

The US President said India's oil purchases had indirectly helped sustain Russia's invasion of Ukraine, saying the continued trade "lets Russia carry on with this ridiculous war where they've lost a million and a half people."

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US President Donald Trump address the 80th session of the United Nations General Assembly.

Trump blames India, China for funding Ukraine war

September 23, 2025, 09:26 PM - 4 min read

Donald Trump told delegates that Russia’s ongoing offensive is being funded by energy sales, specifically calling out India and China for financing Moscow’s campaign through their imports.

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