The US has granted a temporary exemption for Lukoil-branded fuel stations outside Russia until April 2026. This move comes as Indian refiners cut purchases of sanctioned Russian crude, with imports expected to plummet.
India's crude oil imports from Russia projected to fall by 47% to 1 million bpd in December due to US sanctions on Rosneft and Lukoil. Indian refiners diversifying supply sources.
India's Russian oil imports set to drop to 600,000-650,000 bpd in December, lowest in 3 years due to Western sanctions. Refiners turn to alternatives as US tightens measures.
US imposes sanctions on TR6 Petro India and other entities for trading Iranian oil, citing terror funding concerns. Full details on the crackdown.
Russian Ambassador confirms Moscow supplies over 30% of India's oil despite Western sanctions. Russia offers favorable terms to maintain energy partnership with New Delhi.
US, UK and Australia impose sanctions on Russia-based Media Land for allegedly enabling ransomware operations. Learn how this impacts global cybersecurity threats.
Russian oil discounts surge to $5-6 per barrel as buyers avoid sanctioned firms Rosneft & Lukoil. Indian refiners shift to unsanctioned suppliers amid expected supply disruptions.
Donald Trump announces Republicans are preparing legislation to sanction nations conducting business with Russia. Learn how this could impact global trade dynamics and India's strategic position.
US tells Serbia it won't lift sanctions on NIS oil company unless Belgrade ensures complete Russian withdrawal. Serbia faces energy crisis with February 13 deadline looming.
The US imposes sanctions on 32 entities from India and other countries for alleged ties to Iran's weapons program. Learn about the implications for international trade.
The United States imposes sanctions on 32 entities across 8 countries including India for supporting Iran's missile and UAV programs. Learn about the global implications.
India dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
US sanctions on Russian oil tankers cause massive drop in shipments to India and China. Discover the global energy dilemma and whether markets can permanently ditch Russian crude.
The United States imposes sweeping sanctions targeting North Korea's illicit financial operations. Discover the individuals and entities involved in money laundering schemes supporting Pyongyang's prohibited programs.
The United States has formally requested United Nations sanctions against seven vessels allegedly involved in illicit North Korean exports, escalating pressure on Pyongyang's sanction-evasion tactics.
India initiates comprehensive assessment of US sanctions targeting Russian oil companies, evaluating potential impacts on energy supplies and economic partnerships.
India responds to US sanctions on Russian oil firms, defends energy imports as crucial for national interest. Trump praises India's strategic positioning.
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.
Indian Oil Corporation declares strict adherence to all global oil sanctions in crude procurement, ensuring uninterrupted energy supply while maintaining international compliance standards.
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.
New G7 sanctions targeting Russia's shadow oil fleet are set to disrupt global energy markets. Discover why these measures are different and how they'll impact oil prices worldwide.
The latest G7 sanctions targeting Russian oil represent a serious escalation that markets are dangerously underestimating. Discover why these measures could disrupt global energy flows.
Indian Oil Corporation leads private refiners in securing Russian crude at discounted rates despite US sanctions, reshaping global oil trade dynamics and energy security.
Russia's second-largest oil producer Lukoil begins divesting international assets amid tightening US sanctions, signaling major shifts in global energy markets.
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.
Russian oil major Lukoil plans to sell significant international assets as Western sanctions cripple operations. Discover which refineries and petrol stations face divestment.
US Senator Marco Rubio clarifies that American sanctions aim to pressure Colombian government over ties with Iran and Russia, not harm Colombian citizens or economy. Exclusive details inside.
Former President Donald Trump outlines aggressive new sanctions targeting Russia's financial and energy sectors should Putin prolong the Ukraine conflict, signaling dramatic shift in US foreign policy approach.
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.
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.