India increases Russian oil imports despite US sanctions
Indian Oil Corporation leads private refiners in securing Russian crude at discounted rates despite US sanctions, reshaping global oil trade dynamics and energy security.
Indian Oil Corporation leads private refiners in securing Russian crude at discounted rates despite US sanctions, reshaping global oil trade dynamics and energy security.
Union Minister Hardeep Singh Puri assures uninterrupted crude oil flow despite global disruptions. India's refining capacity soars to 275 MMTPA, with ethanol blending hitting 12% target ahead of schedule.
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.
Indian Oil Corporation declares it will maintain Russian crude purchases despite US restrictions, planning to use non-sanctioned suppliers to secure energy needs.
Indian rupee depreciated 8 paise to 83.87 against US dollar amid strong American currency and elevated crude oil prices. Discover key factors impacting rupee movement and expert outlook.
India's largest oil company confirms it will continue purchasing Russian crude despite international sanctions, prioritizing national energy security and economic benefits.
Indian rupee continues downward spiral, dropping to 88.40 against US dollar as strong American currency and elevated crude oil prices pressure emerging markets. Forex traders remain cautious ahead of key economic data.
Multi Commodity Exchange experiences major technical failure, delaying opening bell for commodity trading. Investors face uncertainty as glitch impacts gold, silver, and crude oil markets.
Indian markets brace for volatility as global cues, political developments, and commodity price swings create perfect storm. Discover the 8 critical factors shaping today's trading session.
Chennai Petroleum Corporation Limited adapts to sanctions by optimizing crude procurement and leveraging refinery flexibility to maintain operations and profitability.
India continues purchasing Russian crude oil despite US sanctions, securing massive discounts while maintaining strategic autonomy. Discover how this impacts global oil markets and India-US relations.
India's crude oil imports from the United States surge to highest levels since 2022 as trade tensions ease and New Delhi strategically reduces dependence on Russian supplies.
Indian Oil Corporation (IOC) has successfully negotiated a term deal for Russian crude oil, securing competitive pricing as global energy dynamics evolve. This strategic move strengthens India's energy security while diversifying import sources.
Exclusive: Federal Reserve's rate cut timeline faces new challenges from Russia's oil revenue surge and China's deflation threat. What this means for global markets.
Indian Oil Corporation reports stellar Q2 FY2025 results with 85% YoY profit jump to ₹10,558 crore. Discover how refining margins and strategic operations fueled this impressive growth.
Despite Western sanctions, Russian crude continues flowing through covert maritime networks and new trading partners. Discover how the shadow fleet operates and what it means for global oil markets.
Commerce Minister Piyush Goyal firmly states India won't negotiate with 'gun to head' amid US concerns over Russian oil purchases. India maintains sovereign right to secure energy needs.
New US sanctions targeting Russian crude oil companies could jeopardize India's massive savings on oil imports. Discover how this move affects India's energy strategy and economy.
Exclusive analysis reveals how Reliance Industries is balancing Russian oil imports against US sanctions, impacting GRM margins and global energy strategy.
Commerce Minister Piyush Goyal challenges Western nations over selective criticism of India's Russian oil purchases while Germany, UK sought sanctions exemptions. Read about India's bold stance.
Reliance Industries responds to Western sanctions on Russian crude, pledging full compliance while strategically adjusting refinery operations to maintain global market position.
Mukesh Ambani's Reliance Industries commits to following Indian government directives regarding Western sanctions on Russian crude oil imports, ensuring regulatory compliance.
Mukesh Ambani's Reliance Industries declares full compliance with US sanctions targeting Russian oil, ensuring business continuity while navigating global energy markets.
Mukesh Ambani's Reliance Industries evaluates impact of EU, UK, and US restrictions on Russian oil imports while maintaining compliance with international regulations.
Fresh US sanctions on Russia threaten India's lucrative crude oil imports. Experts analyze potential impacts on Reliance Industries and explore alternative sources from Middle East, Latin America, and US.
Crude oil prices are heading for their largest weekly gain since June 2024. Discover the key drivers behind this rally, from OPEC+ production cuts to geopolitical tensions, and what experts predict for the coming months.
Indian refiners are strategically diversifying oil sources, increasing Middle Eastern and US crude purchases as Russian supplies face payment and shipping challenges. Discover how this shift impacts global energy markets.
India's oil giant Reliance Industries makes strategic pivot, sourcing millions of barrels from Middle East and US instead of Russian crude as Trump sanctions reshape global energy trade.
Indian refiners are strategically pivoting from Russian oil to increased Middle Eastern and US crude purchases as Moscow's war discounts narrow. Discover how this major energy realignment impacts global markets.
India's strategic purchase of discounted Russian crude has saved billions, stabilized energy markets, and demonstrated diplomatic mastery amid global sanctions. Discover how this calculated move reshaped global oil dynamics.