India may face a $9–11 billion spike in oil import costs if US penalties force it to cut Russian crude. With EU sanctions also tightening, refiners like Reliance and Nayara could lose margins, ...

India’s annual crude oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude ...

India has signaled that it will maintain its oil trade with Russia, brushing aside warnings from U.S. President Donald Trump about possible trade penalties.

Referring to the current global climate, Modi said, “The global economy is currently facing multiple uncertainties and an ...

Amid thawing ties between the Asian giants, commentators look at why the Indian leader should – or should not – visit China ...

Amidst potential US penalties and EU sanctions, India faces a complex challenge in its Russian oil trade. A shift away from discounted Russian crude could inflate India's import bill by billions, ...