Category : Search result: oil sanctions December 2024


China rapidly fills oil reserves amid price slump

China is rapidly filling its strategic petroleum reserves as global oil prices hit multi-month lows, raising questions about Beijing's energy strategy and market impact. Discover what this means for global energy markets.

Chevron's Venezuela Crisis: US Sanctions Bite

Chevron finds itself trapped in geopolitical crossfire as US-Venezuela tensions escalate. Discover how sanctions are reshaping global energy markets and putting American oil giants in a precarious position.

India: Market Dynamics Guide Our Russian Oil Purchases

India asserts its right to buy Russian oil based on economic needs and market dynamics, responding to recent US sanctions on Russian energy companies. The MEA emphasizes India's national interest comes first.

Trump Sanctions: Will India-China Stop Russian Oil?

As Trump's proposed sanctions threaten global oil flows, India and China face critical energy decisions. Discover why complete Russian oil withdrawal remains unlikely despite political pressure.

Indian refiners tap spot markets to replace Russian oil

India's leading refiners Indian Oil and MRPL are actively diversifying oil sources, turning to international spot markets as Russian supplies face payment and shipping challenges. Industry sources reveal strategic moves to secure alternative crude.

Mittal's Indian refinery stops Russian oil imports

In a significant strategic shift, Nayara Energy, part-owned by steel magnate Lakshmi Mittal, has stopped purchasing Russian crude oil. This move comes as Western sanctions tighten and payment complications escalate.

HPCL-Mittal Energy halts Russian oil imports

HPCL-Mittal Energy Ltd, the joint venture between steel tycoon Lakshmi Mittal and Hindustan Petroleum, suspends all Russian crude purchases citing US sanctions. The move signals growing compliance challenges for Indian refiners.

Russian Oil's Secret Routes to India & China

Discover how Russia's 'ghost fleet' of tankers and creative financial schemes are keeping its oil flowing to Asian markets despite Western sanctions. Mint explains the intricate shadow economy reshaping global energy trade.

India's US Oil Imports Surge Amid Trump Policy Shifts

India dramatically increases US oil purchases amid shifting global dynamics. Discover how Trump's policies, price arbitrage, and strategic diversification are transforming India's energy imports in October 2025.

India's US Oil Imports Hit 3-Year High at 540K BPD

India dramatically increases US crude oil imports to 540,000 barrels per day, hitting a 3-year peak as global energy dynamics shift. Discover how changing economics and geopolitical factors are transforming India's oil import strategy.

India's Steel Boom: How Russia Sanctions Helped

Discover how India turned Western sanctions on Russian steel into a golden opportunity, boosting domestic production and reducing import dependence in the speciality steel sector.

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