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Russian oil imports

Trump’s 500% tariff pressure & global crude supply shock risks: Where does India’s oil security stand?
  • Business

Trump’s 500% tariff pressure & global crude supply shock risks: Where does India’s oil security stand?

admin7 months ago013 mins

Recent geopolitical tensions and Trump tariffs on India highlight the need for India to step up focus on its energy security. (AI image) Oil is called black gold – and for a reason – it’s the fuel that drives economic growth and oil security is increasingly becoming crucial in a world fraught with geopolitical uncertainties…

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Russian oil purchase: How 500% tariff could upend $120 billion India-US trade - explained
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Russian oil purchase: How 500% tariff could upend $120 billion India-US trade – explained

admin7 months ago05 mins

A 500% tariff would effectively shut down India’s goods and services exports to the United States. (AI image) Will India face 500% tariffs from the US soon? It’s a question that’s on the mind of everyone after US Senator Lindsey Graham said that President Donald Trump has given the go ahead for a bill that…

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Stock fall not linked to reports of Russian oil imports: RIL
  • Business

Stock fall not linked to reports of Russian oil imports: RIL

admin7 months ago01 mins

NEW DELHI: Reliance Industries informed the BSE on Tuesday that there was no linkage between the fall in its share price and the news report on Russian oil imports, and that it had not purchased any crude from Russia for delivery in January.Bloomberg had earlier reported that at least three tankers carrying nearly 2.2 million…

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India-US trade deal soon? Oil refiners asked to share weekly data on crude oil imports from Russia, US: Report
  • Business

India-US trade deal soon? Oil refiners asked to share weekly data on crude oil imports from Russia, US: Report

admin7 months ago03 mins

Since the start of the Ukraine conflict in 2022, India has been the largest buyer of discounted Russian seaborne oil. (AI image) India is looking to seal a trade deal with the US and is monitoring weekly data on crude oil purchases from Russia and America, according to a Reuters report. Oil refiners have been…

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