US Ambassador Sergio Gor said India's ongoing Russian oil purchases are helping stabilise global oil markets amid volatility triggered by the escalating West Asia conflict
There's around 15 million barrels of Russian crude on tankers in the Arabian Sea and the Bay of Bengal, while vessels carrying another 7 million are idling near Singapore
Move comes months after President Donald Trump slapped tariffs on Indian goods in a bid to pressure Prime Minister Narendra Modi's government to abandon energy purchases from Russia
State-run HPCL resumes Russian oil purchases after a three-month gap, booking two discounted cargoes as Moscow's share in India's crude imports shows signs of rising again
Indian refiners, wary of complicating trade talks with Washington, had pared back their purchases of Russian oil in recent weeks, which had forced Moscow to seek buyers in China
Russia's Foreign Ministry on Wednesday said it has "no reason" to believe that India has changed its position on buying Russian oil, which it said is beneficial for both countries and maintains stability in the global hydrocarbons market. The remarks came in the backdrop of Washington's claim that New Delhi has agreed to stop importing Russian crude oil. "We have no reason to believe that India has changed its position on buying Russian hydrocarbons. India's purchase of Russian hydrocarbons benefits both countries and helps maintain stability in the international energy market," Foreign Ministry spokesperson Maria Zakharova said in her weekly briefing. "There is nothing new in the claims of US President Donald Trump, as well as US Secretary of State Marco Rubio, who have grabbed the right to dictate to independent nations," Zakharova said. Following a recent phone conversation between Prime Minister Narendra Modi and United States President Donald Trump, both sides announced a ...
Both sources, who were directly involved in the decision-making, sought anonymity because the discussions were confidential
Russia has been cultivating ties with a string of African countries, through efforts including military cooperation, and has strengthened relations with Mali and Burkina Faso
In 2021, 5,000 work permits were approved for Indian nationals but last year, almost 72,000 permits were okayed for Indians
White House said in order that 'India has committed to stop directly or indirectly importing Russian Federation oil,' and that import tariffs on all Indian goods may be raised if it resumes purchases
New Delhi has not officially announced plans to halt Russian oil imports
Ivan Fetisov, Consul General of the Russian Federation in Mumbai, said on Saturday that his country is open to ties with any nation willing to cooperate with Russia, and that Moscow and New Delhi share a good relationship based on trust and mutual respect. He was speaking to PTI Videos on the sidelines of the International Business Conclave at Advantage Vidarbha 2026 in Nagpur. Asked about India's growing ties with the US, the diplomat said, "We are open to cooperating with any country that wants to cooperate with Russia. If India wants to cooperate with the US, Kazakhstan or Brazil, it depends only on India. "So, I think we have a really good relationship based on trust and mutual respect. That is important nowadays," he said. To a question about India-Russia relations in the current scenario, he referred to the "enthusiasm" when Prime Minister Narendra Modi met Russian President Vladimir Putin in September last year. "I repeat that we have a strong relationship with India. We ha
The total number of work permits given to foreigners rose to more than 240,000 in 2025, the highest since at least 2017, statistics from the Ministry of Internal Affairs show
India gets deep discounts on Russian crude and its exports of petroleum products to China have increased
The EU's ban on importing products produced from Russian crude is aimed at curbing oil revenues Moscow uses to fund the Ukraine war
Discounts for ESPO Blend, delivered from the Pacific port of Kozmino to China, widened to nearly $9 a barrel to ICE Brent this week, from $7-$8 in recent months
Officials of Indian refiners evaluating Russian crude alongside other grades from Brazil, Angola and UAE
The MEA said India is open to sourcing crude from Venezuela and other countries based on commercial viability, adding that energy security for 1.4 billion people remains its top priority
After India-US trade deal, Kremlin says India has always bought oil from many countries; Moscow sees India's plan to diversify oil supplies as nothing new or surprising
Kremlin spokesman Dmitry Peskov said Russia is closely examining US President Donald Trump's comments on ties with India and, as of now, has not received any statements from New Delhi