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.

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

India has dramatically increased its crude oil imports from the United States since President Donald Trump began his second ...

India’s import of Russian crude oil has jumped from 0.2% before the Russia-Ukraine war to about 35-40% of its total oil purchases, making it Moscow’s second-largest buyer after China.

On top of a new 25% tariff on India's exports to the US, Trump indicated in a Truth Social post last month that India would face additional penalties for purchases of Russian arms and oil. On Friday, ...

India has sharply increased US crude imports but insists Russian oil purchases will continue, countering claims by President ...

India's role in the global supply chain should be seen in the context of reducing China’s dominance, says the Candadian ...

The remarks come days after President Trump announced a 25 per cent import tariff on Indian goods, effective August 7, and warned of further penalties for India’s ongoing purchase of Russian crude oil ...

More than 120 firefighters were trying to extinguish a fire at an oil depot in the Russian city of Sochi that was sparked by an Ukrainian drone attack, regional Governor Veniamin Kondratyev ...

India has said it will continue purchasing crude from Russia, despite Trump’s remarks that it has stop buying Russian oil, ...