IOC to Continue Russian Oil Imports Despite US Curbs
Indian Oil Corporation declares it will maintain Russian crude purchases despite US restrictions, planning to use non-sanctioned suppliers to secure energy needs.
Indian Oil Corporation declares it will maintain Russian crude purchases despite US restrictions, planning to use non-sanctioned suppliers to secure energy needs.
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India's largest oil company confirms it will continue purchasing Russian crude despite international sanctions, prioritizing national energy security and economic benefits.
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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.
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.
As US tightens sanctions on Russian oil, India engages in crucial trade talks with Washington. Explore how this impacts global energy dynamics and India's strategic positioning.
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.
India's foreign exchange reserves cross the monumental $700 billion threshold, driven by surging gold valuations while foreign currency assets see marginal decline in latest RBI data.
Discover why RBI is aggressively buying gold while reducing US Treasury holdings. Strategic diversification, de-dollarization trends, and economic security explained.
India's foreign exchange reserves surged by $4.496 billion, reaching an impressive $702.28 billion for the week ended July 5, 2024, showcasing robust economic stability.
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.
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.
As US tightens sanctions on Russian oil, India and China emerge as pivotal players reshaping global energy markets. Discover how these Asian giants are navigating Western pressure while securing their energy needs.
Russian President Vladimir Putin issues serious warning about potential consequences of US sanctions on oil prices and global energy markets. Expert analysis on what this means for India and worldwide economies.
Discover how tightening Western sanctions on Russian oil shipments are giving India strategic flexibility to gradually reduce its crude imports from Moscow while maintaining energy security.
Andhra Pradesh Chief Minister N. Chandrababu Naidu invites UAE business leaders to invest in state's thriving oil and gas industry, highlighting lucrative opportunities and investor-friendly policies.
India's strategic pivot to Russian oil amid Western sanctions has dramatically reduced import costs, saving billions while maintaining energy security. Discover how this geopolitical masterstroke benefits the Indian economy.
Experts reveal why India's state-run refiners will continue Russian oil imports despite Trump's new sanctions. Discover the strategic reasons and limited impact on India's energy sector.
India continues to strategically increase Russian crude oil purchases, securing discounted barrels while navigating Western sanctions. Discover how this energy partnership is reshaping global oil markets.
Global oil markets experience turbulence as Trump administration targets Russian oil giants with new sanctions. Discover how this geopolitical move triggered a 4% price surge and unexpected rouble strength.
Former US President Donald Trump discloses private conversation with PM Modi, claiming India will cease Russian oil purchases by December 2025. Major geopolitical shift ahead.
Former US President Donald Trump reiterates his assertion that India will significantly reduce Russian oil imports by December. Get the complete breakdown of this geopolitical development and its implications.
India's central bank continues to bolster its gold reserves, crossing 880 metric tonnes by September 2024 amid global economic uncertainties and as part of strategic diversification.
In a significant diplomatic development, Prime Minister Narendra Modi has agreed to scale back India's Russian oil purchases after a crucial conversation with former US President Donald Trump. This strategic move could reshape global energy markets and In
Crude oil markets face significant pressure as swelling inventories and demand concerns trigger price declines, despite ongoing US-China trade negotiations that could impact global economic outlook.
India's central bank gold holdings cross historic $100 billion mark as gold's share in forex reserves hits 20-year high. Discover what's driving this golden surge.
India's gold reserves have crossed the historic $100 billion mark as prices surge, with gold's share in forex reserves hitting highest level since 1996-97. Discover what this means for the economy.