US Sanctions Threaten India's Russian Oil Savings
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.
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.
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.
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.
In a pivotal diplomatic push, former President Donald Trump collaborates with Netherlands PM Mark Rutte on Ukraine conflict resolution while Biden administration unleashes devastating sanctions against Russia's energy giants, reshaping global oil dynamics
Indian refiners reassess Russian oil contracts after Trump sanctions target Rosneft and Lukoil. Expert breakdown of how punitive measures impact global energy markets.
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.
India's crude oil imports hit 19-month high while domestic production remains flat, creating energy security concerns. Reliance Industries leads import surge amid stagnant local output.
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.
Oil futures climbed higher as technical buying and declining US inventories sparked market optimism. Brent crude approaches $84 while WTI gains momentum amid supply concerns.
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.
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.
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.
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.
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.
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.