Trump Says India Will Stop Buying Russian Oil

By BPN News Desk October 18, 2025

International

U.S. President Donald Trump stated that Indian Prime Minister Narendra Modi had assured him India would soon stop purchasing oil from Russia. He framed this as a step aligned with global efforts to pressure Moscow over the war in Ukraine. India Denies the Claim India’s Ministry of External

Op-Eds Opinion

A Barrel from Guyana, a Message to Washington

By BPN News Desk October 17, 2025

India’s oil refineries have just signed their first-ever contracts to buy crude oil from Guyana. On paper, it’s a modest deal — 4 million barrels split between Indian Oil Corporation and Hindustan Petroleum. In practice, it’s the diplomatic equivalent of a wink: a small gesture with a big message. And that message is aimed straight […]

International

India Denies Trump’s Phone Promise Claim

By BPN News Desk October 16, 2025

New Delhi on Thursday rejected US President Donald Trump’s assertion that he had spoken by phone with Prime Minister Narendra Modi, during which Modi promised India would halt Russian oil imports. The External Affairs Ministry stated no such call took place. Trump’s original assertions Trump had claimed Modi assured him the halt would be a […]

International

Moscow Says Oil Trade Benefits Indian Economy

By BPN News Desk October 16, 2025

Following U.S. President Donald Trump’s statement that Prime Minister Modi had assured him India would stop buying Russian oil, Russia’s ambassador to India, Denis Alipov, responded by saying Moscow does not meddle in other nations’ energy policies. Oil supplies and economic benefits Alipov asserted that Russian oil shipments are “very beneficial” to the Indian economy.

International

Trump Says PM Modi Had Assured India Will Stop Sourcing Russian Oil

By BPN News Desk October 16, 2025

U.S. President Donald Trump said that Prime Minister Narendra Modi had assured him India would stop buying oil from Russia. He added that the phase-out would not be immediate but would happen “within a short period.” India’s position unclear The Indian government has not confirmed Trump’s claim. Officials have made no public commitment to cease […]

International

India “Diversifying” from Russian Oil? U.S. Aide Says So

By BPN News Desk October 5, 2025

A U.S. trade official associated with President Trump claimed India has begun reducing its reliance on Russian oil, describing the shift as “pragmatic.” The comment comes amid rising tariff tensions and scrutiny of India’s energy purchases. U.S. Official’s Statement At the Economic Club of New York, Jamieson Greer, a U.S. trade representative, said India is […]

International

Oil Posts Sharpest Weekly Drop in Months

By BPN News Desk October 3, 2025

Oil prices ended another volatile week, heading for their steepest weekly fall in about three and a half months. The Brent crude benchmark fell close to 8 %, while U.S. WTI crude dropped around 7.3 %. Factors Driving the Slide The sharp decline has been fueled by growing expectations that OPEC+ will further boost production […]

Op-Eds Opinion

Will Trump Choose Indian Consumers or American Lobbies?

By BPN News Desk September 26, 2025

India’s oil dilemma has never been about barrels alone. It’s about politics, sanctions, and the whimsical mood of Washington. Today, the stark question is this: will Donald Trump side with Indian consumers staring at higher fuel bills, or with American dairy and farm lobbies who have turned trade talks into a playground of pressure tactics? […]

International

India Seeks U.S. Approval For Iranian Oil Imports

By BPN News Desk September 26, 2025

Indian officials have asked the U.S. administration to allow New Delhi to import crude oil from Iran and Venezuela as a compensation for scaling down its purchases of Russian oil. The request was presented during meetings held in Washington during the 80th UN General Assembly. Reason Behind The Plea India argued that simultaneously cutting off […]

International

Oil Prices Rise Slightly Amid Europe, Middle East Tensions

By BPN News Desk September 23, 2025

Global oil prices inched higher on Monday as tensions in Europe and the Middle East raised concerns over supply risks. Airspace disputes in eastern Europe and fallout from Palestinian state recognitions in the Middle East added to investor caution. Key Price Moves Brent crude rose by US$0.34 to $67.07 per barrel. U.S. West Texas Intermediate […]