India Defies US, Buys Russian Oil at Discounts
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 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.
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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.
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.
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.
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.
Reliance Industries faces hurdles in Russian oil imports due to US sanctions on Rosneft and Lukoil, while Indian PSUs continue purchases via traders. Analysis of India's energy strategy amid global pressure.
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.
Crude oil struggles to recover from recent losses as investors await crucial US-China trade negotiations. Brent crude trades near $82 amid demand concerns and economic uncertainty.
India's strategic oil purchases from Russia create global ripples. Discover how Delhi balances energy security with international diplomacy while saving billions.
Kazakhstan monitors critical oil output risks after Ukrainian drone strikes hit Russian gas terminal, raising concerns about regional energy security and export stability.
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Global crude oil markets face downward pressure as Middle East conflicts show signs of de-escalation and inventory data reveals unexpected supply builds, potentially signaling the end of recent price rallies.
Indian infrastructure major Megha Engineering & Infrastructures Ltd secures massive $226 million contract from Kuwait Oil Company for advanced gas sweetening and sulfur recovery facility in Kuwait.
Major labour reforms coming to UAE private sector in 2025! New working hours, overtime calculations, and leave policies that will impact millions of employees. Get all details here.