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India Bought 112 Billion Euro Worth Of Russian Oil Since Ukraine War: Report
The world's third largest oil consuming and importing nation, spent 102.5 billion euro (about Rs 1.5 lakh crore) on buying crude oil from Russia since the start of the Ukraine war, a European think tank said on Thursday.
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India Says Sanctioned Russian Oil Tankers Can Discharge Before February 27
The United States has clarified to India that tankers loaded with Russian oil have to discharge by February 27 under the latest sanctions targeting Moscow's oil revenue, India's oil secretary Pankaj Jain told reporters at an event.
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"Don't Have Political Strategy To...": India's Jab On Russian Oil Question
India - one of the world's biggest consumers of crude oil - does not have a "political strategy" that informs its purchases, Foreign Minister S Jaishankar said at a press conference in Kyiv, shortly after Prime Minister Modi met President Zelensky.
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"Asked West To Mind Their Business": Russia Minister Praises S Jaishankar
External Affairs Minister Dr S Jaishankar has received praise from his Russia counterpart for asking the West "to mind their own business" when it questioned India's procurement of Russian oil after the Ukraine war began.
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India And Russia Always Shared "Stable And Friendly Ties": S Jaishankar
External Affairs Minister S Jaishankar reaffirmed India's stance on buying Russian oil despite sanctions on Moscow amid military conflict with Ukraine.
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"Russia Has Never Hurt Our Interests": S Jaishankar To German Daily
India and Russia share a "stable and very friendly" relationship and Moscow has "never hurt out interests", External Affairs Minister S Jaishankar told German daily Handelsblatt this week.
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India's Oil Imports From Russia Hit 12-Month Low In January As Sanctions Bite
India's crude oil imports from its top supplier Russia fell for a second straight month in January to their lowest in a year as tighter Western sanctions hit supply of light sweet Sokol grade, preliminary ship tracking data showed.
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Russia Says Redirected Most Oil Exports From Europe To India, China
Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak said Wednesday, almost two years after Moscow was hit by Western sanctions over the Ukraine conflict.
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India, Indonesia Risk Biggest Fallout From Geopolitical Shocks
A triumvirate of high oil prices, a surging dollar and geopolitical instability are set to weigh on India and Indonesia among Asia's emerging markets, while energy exporter Malaysia may prove a rare beneficiary.
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"Opposition Would Agree...": In Europe, Rahul Gandhi Backs Centre's Russia Stance
Congress MP Rahul Gandhi has backed the government's stance on relations with Russia - specifically the increased purchase of discounted crude oil - amid Moscow's war on Ukraine.
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"PM Told Me To Do What Is Needed For Country": S Jaishankar On Russia Oil
When the Ukraine conflict polarised the West and hit global fuel supply chains, Prime Minister Narendra Modi had told External Affairs Minister Dr S Jaishankar to "do whatever is needed for the benefit of the country".
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"India Insulated Itself From Rising Fuel Prices By Reducing Tax": Minister
The discount on Russian crude oil is not as much now as it used to be in the initial period after the Ukraine conflict began, Oil Minister Hardeep Puri said on Friday.
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Russia Oil Discount To India Shrinks To $4, Delivery Charges Remain Opaque
The steep discounts on Russia crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continues to remain 'opaque' and higher than normal, sources said.
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Setback For Indian Shipping Firm Transporting Russian Oil: Report
Lloyd's Register has told India's Gatik Ship Management, which has become a major carrier of Russian oil since the Ukraine war, that it will withdraw certification of 21 of its vessels by June 3, the maritime services company told Reuters.
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Sanction-Hit Russia Announces Deal To Boost Oil Supplies To India: Report
Russian energy giant Rosneft announced a deal on Wednesday to ramp up oil sales to India, as Moscow seeks new buyers in the wake of tensions with the West over the Ukraine conflict.
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India Bought 112 Billion Euro Worth Of Russian Oil Since Ukraine War: Report
The world's third largest oil consuming and importing nation, spent 102.5 billion euro (about Rs 1.5 lakh crore) on buying crude oil from Russia since the start of the Ukraine war, a European think tank said on Thursday.
-
India Says Sanctioned Russian Oil Tankers Can Discharge Before February 27
The United States has clarified to India that tankers loaded with Russian oil have to discharge by February 27 under the latest sanctions targeting Moscow's oil revenue, India's oil secretary Pankaj Jain told reporters at an event.
-
"Don't Have Political Strategy To...": India's Jab On Russian Oil Question
India - one of the world's biggest consumers of crude oil - does not have a "political strategy" that informs its purchases, Foreign Minister S Jaishankar said at a press conference in Kyiv, shortly after Prime Minister Modi met President Zelensky.
-
"Asked West To Mind Their Business": Russia Minister Praises S Jaishankar
External Affairs Minister Dr S Jaishankar has received praise from his Russia counterpart for asking the West "to mind their own business" when it questioned India's procurement of Russian oil after the Ukraine war began.
-
India And Russia Always Shared "Stable And Friendly Ties": S Jaishankar
External Affairs Minister S Jaishankar reaffirmed India's stance on buying Russian oil despite sanctions on Moscow amid military conflict with Ukraine.
-
"Russia Has Never Hurt Our Interests": S Jaishankar To German Daily
India and Russia share a "stable and very friendly" relationship and Moscow has "never hurt out interests", External Affairs Minister S Jaishankar told German daily Handelsblatt this week.
-
India's Oil Imports From Russia Hit 12-Month Low In January As Sanctions Bite
India's crude oil imports from its top supplier Russia fell for a second straight month in January to their lowest in a year as tighter Western sanctions hit supply of light sweet Sokol grade, preliminary ship tracking data showed.
-
Russia Says Redirected Most Oil Exports From Europe To India, China
Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak said Wednesday, almost two years after Moscow was hit by Western sanctions over the Ukraine conflict.
-
India, Indonesia Risk Biggest Fallout From Geopolitical Shocks
A triumvirate of high oil prices, a surging dollar and geopolitical instability are set to weigh on India and Indonesia among Asia's emerging markets, while energy exporter Malaysia may prove a rare beneficiary.
-
"Opposition Would Agree...": In Europe, Rahul Gandhi Backs Centre's Russia Stance
Congress MP Rahul Gandhi has backed the government's stance on relations with Russia - specifically the increased purchase of discounted crude oil - amid Moscow's war on Ukraine.
-
"PM Told Me To Do What Is Needed For Country": S Jaishankar On Russia Oil
When the Ukraine conflict polarised the West and hit global fuel supply chains, Prime Minister Narendra Modi had told External Affairs Minister Dr S Jaishankar to "do whatever is needed for the benefit of the country".
-
"India Insulated Itself From Rising Fuel Prices By Reducing Tax": Minister
The discount on Russian crude oil is not as much now as it used to be in the initial period after the Ukraine conflict began, Oil Minister Hardeep Puri said on Friday.
-
Russia Oil Discount To India Shrinks To $4, Delivery Charges Remain Opaque
The steep discounts on Russia crude oil that India gorged on since the Ukraine war, have plunged but the shipping rates charged by Russia-arranged entities continues to remain 'opaque' and higher than normal, sources said.
-
Setback For Indian Shipping Firm Transporting Russian Oil: Report
Lloyd's Register has told India's Gatik Ship Management, which has become a major carrier of Russian oil since the Ukraine war, that it will withdraw certification of 21 of its vessels by June 3, the maritime services company told Reuters.
-
Sanction-Hit Russia Announces Deal To Boost Oil Supplies To India: Report
Russian energy giant Rosneft announced a deal on Wednesday to ramp up oil sales to India, as Moscow seeks new buyers in the wake of tensions with the West over the Ukraine conflict.
