Search For "oil import"
Trump warns of "substantially raising tariff paid by India" over Russian o
Updated : 7 months, 2 weeks ago IST
Trump's announcement, made on his social media platform Truth Social, came days after he announced a 25 per cent reciprocal tariff on India and an unspecified penalty for importing oil from Russia.
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India's US crude oil imports surge 51 per cent following Trump's return to
Updated : 7 months, 2 weeks ago IST
India has dramatically increased its crude oil imports from the United States since President Donald Trump returned to the White House for his second term, according to sources familiar with the trade data.
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India's US crude oil imports surge 51 per cent following Trump's return to
Updated : 7 months, 2 weeks ago IST
India has dramatically increased its crude oil imports from the United States since President Donald Trump returned to the White House for his second term, according to sources familiar with the trade data.
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Indian Oil refiners continue to source oil from Russia
Updated : 7 months, 2 weeks ago IST
Their supply decisions are guided by price, grade of crude, inventories, logistics and other economic factors, the sources revealed.
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US Secretary of State Marco Rubio slams India over Russian oil purchases,
Updated : 7 months, 2 weeks ago IST
US Secretary of State Marco Rubio criticized India's Russian oil imports, calling them a "point of irritation" that funds the Ukraine war. He defended past investigations clearing Trump of collusion, warned against recognizing Palestine, and stressed strategic balance with China amid global
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India should step forward to fill void created by President Trump: Former
Updated : 7 months, 2 weeks ago IST
Speaking on Trump's announcement of a 25 per cent tariff plus additional penalties on India, set to take effect August 1, Vickery described the move as part of the US President's typical pattern of generating bilateral pressure and chaos to eventually claim credit for resolving a crisis o
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India achieves 20% ethanol blending in petrol, five years ahead of schedul
Updated : 7 months, 2 weeks ago IST
India has successfully achieved 20% ethanol blending in petrol in 2025, five years ahead of its original 2030 target, Petroleum and Natural Gas Minister Hardeep Puri said on Wednesday.
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India's oil imports from Russia helped global markets to stabilise: Hardee
Updated : 8 months, 2 weeks ago IST
Petroleum and Natural Gas Minister Hardeep Puri said India's continued purchase of crude oil from Russia helped stabilise energy prices globally, and halting oil trade from Russia would have spiralled crude prices to over USD 120-130 per barrel.
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UAE supplies 40.8 pc of Japan's oil imports in May
Updated : 8 months, 4 weeks ago IST
The United Arab Emirates was Japan's top crude oil supplier in May 2025, providing Tokyo with 30.42 million barrels of crude oil, according to official Japanese data.
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India's oil import from Iran "depends on market factors, prevailing globa
Updated : 9 months ago IST
The Ministry of External Affairs clarified India's position on importing crude oil from Iran on Wednesday, stating that energy purchases are based on "market factors and the prevailing global situation."
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Israel-Iran tensions could widen India's CAD by 0.3% of GDP, says ICRA
Updated : 9 months ago IST
If the heightened tension in West Asia pushes average crude prices by USD 10 per barrel, it will typically push up India's net oil imports by nearly USD 13-14 billion during the year, enlarging India's CAD by 0.3 per cent of GDP, noted a recent report by ICRA.
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Cut in edible oil import duty and above normal monsoon likely to further e
Updated : 9 months, 2 weeks ago IST
The recent above normal rainfall and a significant cut in import duties on edible oils are expected to support easing food inflation in the coming months, according to a report by Union Bank of India.
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