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Taking steps to reduce crude oil, gas imports: Modi

Prime Minister Narendra Modi on Sunday said the Bharatiya Janata Party-led central government is taking steps to reduce imports of crude oil and gas, focusing more on exploration of fossil fuels......

India will pay massive tariffs if it keeps buying Russian oil, warns Trump

US President Donald Trump said that India is going to pay massive tariffs if it continues to buy oil from Russia, while reiterating that he got assurance from Prime Minister Narendra Modi that New......

Ukraine's underwater drones hit 2 Russian oil tankers in Black Sea

Ukrainian underwater drones have struck two tankers belonging to Russia's so-called shadow fleet in the Black Sea, a Ukrainian security official has confirmed -- marking the latest escalation in......

Trump claims India has stopped buying oil from Russia

US President Donald Trump reiterated that India will not be buying oil from Russia, saying that New Delhi has already de-escalated and more or less stopped its oil purchases from Moscow IMAGE: US......

India to scale down Russian oil import: White House

The White House has claimed that India has begun 'scaling back' its oil purchases from Russia at the 'request' of President Donald Trump. IMAGE: White House Press Secretary Karoline Leavitt.......

Russia to remain India's No 1 crude oil supplier: Analysts

India's crude oil imports from Russia saw a marginal decline in September, but continued to account for over one-third of the country's total oil purchases, despite US pressure to curb the trade......

Stock markets end lower amid Israel-Iran conflict, rising crude oil prices

Benchmark indices Sensex and Nifty closed lower on Tuesday amid profit-booking after a sharp rally in the previous session as investors turned cautious in view of the ongoing conflict between......

Reliance stops use of Russian oil at its only-for-export refinery

Reliance Industries Ltd on Thursday said it has halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, as the company moves to comply with European Union sanctions.......

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......

US sanctions may cut off India's access to Russian crude oil

India is preoccupied with analysing the US sanctions, which may cut off India's access to discounted Russian crude and force it to buy at market prices. IMAGE: Vladimir Putin Introduces the......

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