Search For "oil import"
"Oil import prices may be subject to a 5% swing," says Russian Deputy Trad
Updated : 7 months, 1 week ago IST
Evgeniy Griva, Russia's Deputy Trade Representative to India, said oil import prices could fluctuate by 5% amid tariffs. He added that trade between India and Russia is expected to grow around 10%, with Indian exports of machine tools, electronics, pharma, and chemicals increasing rapidly.
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"India should not compromise on its energy security or strategic autonomy"
Updated : 7 months, 2 weeks ago IST
Kant said that India should prioritise its national interests and not compromise on its energy security, especially considering that India's oil imports from Russia are significantly lower than those of China or Turkey. The US has imposed a 50% tariff on Indian goods, citing India's conti
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Indian envoy discusses energy security with US Senator Lindsey Graham amid
Updated : 7 months, 2 weeks ago IST
The conversation comes after US Senator Lindsey Graham on Friday (local time) urged India to use its influence with Russia to help end the war in Ukraine, calling it one of the most significant steps to improve India-US relations.
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India's fuel bill may rise by USD 9bn in FY26 and 12 billion in FY27, if i
Updated : 7 months, 2 weeks ago IST
India's crude oil import bill could increase by USD 9 billion to USD 12 billion, if the country stops buying Russian crude oil, according to a report by the State Bank of India (SBI).
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"The saddest thing is PM Modi's silence", Congress MP Sukhdeo Bhagat on 25
Updated : 7 months, 2 weeks ago IST
Congress MP Sukhdeo Bhagat on Thursday criticised Prime Minister Narendra Modi's silence over the imposition of a 25 per cent additional tariff on Indian oil imports from Russia, and said that the US President himself continues to buy uranium and fertilisers from Russia.
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India points finger at China, Turkey after Trump slaps additional 25% tari
Updated : 7 months, 2 weeks ago IST
According to data by the Centre for Research on Energy and Clean Air for July 2025 China has bought 47% of Russia's crude exports.
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"I never said a percentage ": Trump on increasing tariffs on countries buy
Updated : 7 months, 2 weeks ago IST
Meanwhile, former US Ambassador to the United Nations Nikki Haley has taken a dig at US President Donald Trump for his announcements about substantially hiking tariffs over oil imports from Russia, saying he had given "China a pass" and cautioned him against burning "a relationship with a
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Sovereign countries have right to choose their trade partners: Russia on U
Updated : 7 months, 2 weeks ago IST
Commenting on the US' threats regarding India, Kremlin Spokesman Dmitry Peskov told journalists, "We believe that sovereign countries must have and do have the right to choose their trade partners, the partners in trade and economic cooperation, on their own and independently determine th
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Will increase tariff on India "very substantially" over next 24 hours for
Updated : 7 months, 2 weeks ago IST
Hours after he mentioned raising tariff on India, US President Donald Trump on Tuesday said he would increase the tariff charged on imports from India from the current rate of 25% "very substantially" over the next 24 hours due to New Delhi's continued purchases of Russian oil, Reuters re
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Indian markets slip over Trump's tariff threats for Russian oil imports, N
Updated : 7 months, 2 weeks ago IST
At the closing of the trading in the stock markets today, the BSE Sensex was at 80,710.25, slipping over 308 points or 0.38 per cent, while the Nifty 50 at National Stock Exchange (NSE) was down 73.20 points or 0.30 per cent at 24,649.55.
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Nifty, Sensex open flat amid fresh threat of higher tariffs by Trump due t
Updated : 7 months, 2 weeks ago IST
Indian stock markets opened on a cautious note on Tuesday as investors remained wary of fresh tariff threats from US President Donald Trump.
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Trump unwilling to criticize China even after being largest Russian oil bu
Updated : 7 months, 2 weeks ago IST
US President Donald Trump has been unfairly targeting India over Russian oil imports, while choosing not to criticize China, according to a recent report by the Global Trade Research Initiative (GTRI).
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