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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:......

US sanctions 2 largest Russian Oil companies

 The US Department of the Treasury on Wednesday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an effort to pressure the Kremlin to end its war in Ukraine. IMAGE:......

Will Trump Pull The Plug On Russian Oil Sanctions?

 Whether Trump will actually press ahead with the oil sanctions remains unclear, since keeping Russian oil out of the world market risks high oil prices which could boomerang on the US economy and......

Trump Tantrum: 'Present Moment Difficult For India'

 'Geopolitically and diplomatically it's a very difficult situation for India.' Illustration: Dominic Xavier/Rediff   Not since the days of Richard Nixon and Henry Kissinger has India been berated......

Indian diplomacy's success stories in a bleak landscape

 'Indian diplomacy in West Asia under the present government has been a success story -- and with Saudi Arabia in particular,' says Ambassador M K Bhadrakumar. IMAGE: Air India's Boeing 787-8......

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......

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's Rosneft in early talks with Reliance to sell stake in India unit

 Russian oil giant PJSC Rosneft Oil Company is in early talks with Reliance Industries for sale of its 49.13 per cent stake in Nayara Energy, which operates a 20-million tonnes-a-year oil refinery......

US sanctions on Russian oil firms to hit Reliance

 US sanctions against two of Russia's largest oil companies are expected to impact Reliance Industries' crude imports from Russia, while state-run refiners may continue purchases through......

Reliance to comply with US sanctions on Russian oil

 Reliance Industries Ltd, India's largest buyer of Russian oil and most impacted by the latest US sanctions, on Friday said it will comply with all applicable restrictions and will adjust its......

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