India, Russia

U.S. Sanctions Are Squeezing India's Russian Oil Imports
New US sanctions on Russian oil tankers and energy companies threaten India's access to cheap crude, potentially driving up inflation and disrupting the global oil market.
India says sanctioned Russian oil tankers can discharge before Feb 27
The United States has clarified to India that tankers loaded with Russian oil have to discharge by Feb. 27 under the latest sanctions targeting Moscow's oil revenue, India's oil secretary Pankaj Jain told reporters at an event.
Oil Sanctions Prompt India to Strengthen Trade with Russia via Expanded Insurer Access
India has widened approvals for Russian insurers to ensure seamless trade flows despite global oil sanctions. The move aims to facilitate insurance coverage for energy imports and maintain stable economic relations with Russia.
India Ups Efforts To Seek Alternatives To Russian Oil
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by the West. That may be about to change.
Will Recent US Sanctions on Russian Oil Trigger an Oil Crisis in India?
Since the Ukraine war, India has become the second largest buyer of Russian crude oil, owing to the hefty discount Russia offered to bypass sanctions. Prior to the war, India secured most of its oil from the Middle East, with Russia not even featuring among India’s top 20 partners.
India expands Russian insurers' pool after US sanctions
India has allowed Russian insurer Soglasie Insurance Company to provide marine cover to tankers entering Indian ports, according to Indian ship regulator's website, as New Delhi wants steady supply of cheaper Russian oil despite latest U.
India is not worried about US sanctions on Russian oil
Petroleum Minister Hardeep Singh Puri said India’s oil supply chain is secure despite US sanctions on Russian oil, adding that discounted supplies may reduce but ample global oil ensures stability.
Explained: What New US Sanctions On Russian Oil Mean For India's Energy Security And Inflation Woes
Sanctions Relief Under New US Leadership: With President-elect Donald Trump set to assume office soon, there is speculation about a potential resolution to the Ukraine conflict. A brokered peace deal could result in lifting the latest sanctions, easing the pressure on India’s crude imports.
Tougher US sanctions to curb Russian oil supply to China and India
Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas, boosting prices and freight costs.
India's Resilient Energy Strategy Amid US-Russia Tensions
Indian Oil Chairman Arvinder Singh Sahney emphasizes India's diverse energy sources, mitigating the impact of US sanctions on Russia. As international oil prices range around USD 75-80 per barrel, India continues its green hydrogen initiatives,
Why India’s BPCL expects lower processing of Russian crude in March?
Bharat Petroleum Corp, India's state-run oil refiner, expects its processing of Russian oil down to 20% in March, down from ...
Fresh US sanctions on Russia to have little impact on India; prices to remain settled at $75-85: IOC Chairman
Indian Oil Chairman Arvinder Singh Sahney states that US sanctions on Russia will have limited impact on India's energy ...