India Russia Oil Deal

India’s decision to buy oil from Russia amid global uncertainties helped prevent a potential spike in global oil prices, Union Petroleum and Natural Gas minister Hardeep Singh Puri said in …

As the year 2022 came to a close, India became the main outlet for Russian seaborne Urals. According to Hellenic Shipping News, until December 26, Urals loadings to Asia were …

Moscow has welcomed India’s decision not to stick to the G7’s decision of imposing a price cap on Russian oil. Russia’s Deputy Prime Minister Alexander Novak conveyed this message during …

Even as the Group of Seven countries imposed a price cap of $60 per barrel on Russian oil, Indian policymakers are not overtly worried. India is currently buying Russian crude oil …

Bilateral trade between India and Russia is all set to exceed $30 billion in the next one year– much before the 2025 target. Trade between the two countries driven by …

Amid high global crude prices India is set to further increase its oil imports from Russia. With economic activities in India now touching the pre-Covid levels, the country’s energy requirements …

The US’ move to bar Russia from the SWIFT international payment system could boomerang as several countries are now looking at expansion of alternative mechanisms. India and Russia are already …

<p> <strong>Russian energy major Rosneft has announced the discovery of a huge oil deposit on the shelf of the Pechora Sea flowing from the Ural Mountains to the Arctic Ocean …

<p> <strong>India, the third largest oil consumer in the world, is continuing to purchase oil from Russia at a discounted price. According to a Reuters report, Bharat Petroleum Corp Ltd …

<p> <strong>As pressure builds on New Delhi to take sides and condemn Russia after it invaded Ukraine, the Chinese state owned media, mostly echoing the government's sentiments, has come out …

<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/WrLq4NS7ezM" title="YouTube video player" width="560"></iframe></p> <p> US says India taking up Russia's oil deal of discounted crude oil is …