India, Russia and sanctions
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Amidst Trump's threat of secondary tariffs on countries trading with Russia, will India's crude oil supply face uncertainty? Russia has become India's
Union minister Hardeep Singh Puri said India should be able to deal with any problems with Russian imports by seeking supplies from other countries.
EU sanctions aim to weaken Russia’s war economy with oil price caps, ship bans, and finance curbs—without disrupting global supply, says EU envoy to India.
Nayara Energy's Gujarat refinery becomes the first in India to face Western sanctions as the EU tightens restrictions on Russian oil exports, aiming t
India's oil imports from Russia rose marginally in the first half of this year, with private refiners Reliance Industries Ltd and Nayara Energy making almost half of the overall purchases from Moscow,
The EU Envoy’s remarks came after India responded to the new measures, reiterating that it does not recognise unilateral sanctions and stressing the need to avoid double standards in global energy trade.
US President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries that buy Russia’s oil.
U.S. President Donald Trump threatened to hit buyers of Russian exports with sanctions unless Russia agrees a peace deal over the conflict in Ukraine, potentially complicating Moscow's oil sales to China,
With Russian oil banned in the United States and Europe now proposing an embargo of its own, India can buy the crude at substantial discounts, powering its energy-thirsty economy at a lower cost.
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