The United States Treasury Secretary said India has stopped buying crude oil from Russia, making the claim during remarks on global energy trade. The statement suggested that India’s oil sourcing decisions were influenced by recent geopolitical and economic developments. What Is The Reality
U.S. President Donald Trump reiterated that Narendra Modi told him India “is not going to be doing the Russian-oil thing,” while also warning that India would “continue to pay massive tariffs” if it kept buying crude from Moscow. India’s Response The Ministry of External Affairs in New Delhi rejected the claim, stating there was no […]
United States President Donald Trump has accused India of buying large volumes of crude oil from Russia and reselling it in international markets at a profit. Speaking at a campaign-style event, Trump suggested that the practice was undermining global sanctions on Russia and declared he would consider raising tariffs on Indian goods if the issue […]
Indian oil refiners are restructuring supply chains, creating new entities, and exploring alternative payment methods to maintain Russian crude imports amid tightening international sanctions.
Indian oil refiners are accelerating payments for Russian crude oil imports to ensure transactions are finalized before the enforcement of new U.S. sanctions. These sanctions, set to take effect shortly, target Russian oil producers and a fleet of vessels involved in transporting Russian crude, aiming to curtail Moscow’s revenue streams. The U.S. sanctions focus on
New US sanctions target Russian oil exports, impacting supplies to China and India.















