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Petroleum Exporting Countries

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'Direct threat to US': Trump sanctions Indian firms

The Trump administration has sanctioned entities and individuals from India involved in sales of Iran's petroleum and petroleum products, saying the funds from this trade support Tehran's regional......

US Sanctions May Not Stop Russian Oil Flow To India

Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year. Illustration:......

'Pakistan May Get More Adventurous Towards India'

'What we need to watch is how Saudi Arabia's financial assistance will be used by Pakistan. If the funds go to build their military hardware and operations, it should worry us.' India must use its......

Trump's Tariffs: India's Second 1991 Moment

The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta. Illustration: Dominic Xavier/Rediff   In an unexpected development, India now faces a......

Time India Learnt From China Playbook

If India caves in to US pressure as Trump hopes it will, he will further try to blackmail it into submission, points out Ramesh Menon. IMAGE: US President Donald Trump at a press conference with......

India Diversifies Petroleum Exports To New Markets

India offset the decline in exports to traditional destinations by sharply ramping up shipments to Jordan (18,086 per cent), Hong Kong (17,006 per cent), Spain (13,436 per cent), the Philippines......

Petro exports to US grew in October as other sectors slide

India's exports to the US contracted 8.6 per cent to $6.3 billion in October, while imports rose 13.9 per cent to $4.5 billion leading to a trade surplus of $1.8 billion during the month. IMAGE:......

India's exports drop 11.8%; trade deficit widens to $41.8 bn

India's exports contracted 11.8 per cent to $34.38 billion in October on account of the impact of high tariffs by the US, while the trade deficit widened to a record high of $41.68 billion, mainly......

200% spike in gold import drives India's trade deficit to $41.68 billion

India’s merchandise trade deficit widened to a record $41.68 billion in October, as gold imports trebled and outbound shipments registered their sharpest contraction in 14 months, according to......

Russia Oil Imports Up In Oct

After a three-month slowdown, India's oil imports (already landed) from Russia bounced back in the first 15 days of October to 1.8 million barrels per day. Photograph: Bing Guan/Reuters   Owing......

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