New Delhi [India], March 21 (ANI): Allaying fears of short supply of crude oil amid Russia-Ukraine conflict, Union Petroleum Minister Hardeep Singh Puri on Monday said that 60 per cent of India's crude oil needs are met from Gulf countries, and imports from Russia are minuscule and amount
New Delhi [India], March 19 (ANI): In order to shield the economy from the negative impact of the recent surge in crude oil prices, India is exploring the possibility of importing additional oil at discounted rates from Russia, which is facing sanctions and global backlash due to the Ukra
New Delhi [India], March 17 (ANI): Amid reports that New Delhi is planning to buy Russian oil at a discounted rate, India on Thursday clarified that it is "always exploring possibilities" in global energy markets as its oil requirements are met by imports.
Beijing [China], March 16 (ANI): China is willing to help out Russia in facing western sanctions brought on by the invasion of Ukraine but only to that extent where it itself does not face sanctions and its internal food security is not compromised.
Pune (Maharashtra) [India], March 15 (ANI): The prices of edible oil are soaring as the import of sunflower oil from Ukraine and Russia has stopped amid the ongoing war between the two countries.
New Delhi [India], March 14 (ANI): India's merchandise exports rose by 25.1 per cent to $34.57 billion in February led by a healthy performance of engineering, petroleum and chemicals sectors, while the country's imports during the month jumped to $55.45 billion resulting in a trade deficit
Islamabad [Pakistan], March 11 (ANI): Pakistan has decided to impose a 10 percent regulatory duty on the import of petrol from China in a bid to plug the loophole created by the agreement between Pakistan and China in 2019 that abolished tariff on import of petrol and subsequently caused los
Beijing [China], March 10 (ANI): China is facing the heat of the ongoing Russia-Ukraine war as global energy prices have surged and Beijing is dependent on imports for its energy requirements.
Washington [US], March 9 (ANI): Russia has become a global economic and financial pariah, said a US senior administration official after President Joe Biden announced a ban on Russian oil, natural gas and coal imports to the US.
Kyiv [Ukraine], March 9 (ANI): Ukrainian President Volodymyr Zelenskyy thanked US President Joe Biden Tuesday banning Russian oil, natural gas and coal imports to the US.
London [UK], March 9 (ANI): The UK will phase out imports of Russian oil in response to Russia's invasion of Ukraine by the end of the year, the UK Business Secretary Kwasi Kwarteng confirmed on Tuesday.