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India's Russian oil purchases helping stabilise markets: US ambassador

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

India's Russian oil purchases helping stabilise markets: US ambassador
Updated On : 11 Mar 2026 | 2:08 PM IST

Indian refiners move quickly to buy Russian oil after US relaxes curbs

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

Indian refiners move quickly to buy Russian oil after US relaxes curbs
Updated On : 06 Mar 2026 | 1:30 PM IST

US issues temporary licence to allow some Russian oil sales to India

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

US issues temporary licence to allow some Russian oil sales to India
Updated On : 06 Mar 2026 | 9:11 AM IST

HPCL resumes Russian crude oil purchases after three-month gap: Report

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

HPCL resumes Russian crude oil purchases after three-month gap: Report
Updated On : 05 Mar 2026 | 10:38 PM IST

Russian oil cargoes swing back to India as West Asia conflict hits supply

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

Russian oil cargoes swing back to India as West Asia conflict hits supply
Updated On : 05 Mar 2026 | 10:28 AM IST

We see no shift in India's oil buying stance: Russian Foreign Ministry

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 ...

We see no shift in India's oil buying stance: Russian Foreign Ministry
Updated On : 18 Feb 2026 | 11:25 PM IST

India pulls out of Russian-backed Mali lithium project over security risks

Both sources, who were directly involved in the decision-making, sought anonymity because the discussions were confidential

India pulls out of Russian-backed Mali lithium project over security risks
Updated On : 12 Feb 2026 | 11:46 PM IST

India pulls out of Russian-backed Mali lithium project over security risks

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

India pulls out of Russian-backed Mali lithium project over security risks
Updated On : 12 Feb 2026 | 1:54 PM IST

Russia turns to India for workers as Ukraine war deepens labour shortage

In 2021, 5,000 work permits were approved for Indian nationals but last year, almost 72,000 permits were okayed for Indians

Russia turns to India for workers as Ukraine war deepens labour shortage
Updated On : 11 Feb 2026 | 12:19 PM IST

India's Russian oil imports likely to halve after White House trade order

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

India's Russian oil imports likely to halve after White House trade order
Updated On : 09 Feb 2026 | 2:21 PM IST

Indian Oil, HPCL buy 2 million barrels Venezuelan oil from Trafigura

New ‌Delhi has not officially announced plans to halt Russian oil imports

Indian Oil, HPCL buy 2 million barrels Venezuelan oil from Trafigura
Updated On : 09 Feb 2026 | 2:16 PM IST

India, Russia share strong ties based on trust: Consul General Ivan Fetisov

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

India, Russia share strong ties based on trust: Consul General Ivan Fetisov
Updated On : 07 Feb 2026 | 7:46 PM IST

Russia turns to India, Sri Lanka to tackle labour shortage amid crisis

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

Russia turns to India, Sri Lanka to tackle labour shortage amid crisis
Updated On : 07 Feb 2026 | 3:09 PM IST

Despite Donald Trump's punitive tariff, India keeps importing Russian oil

India gets deep discounts on Russian crude and its exports of petroleum products to China have increased

Despite Donald Trump's punitive tariff, India keeps importing Russian oil
Updated On : 06 Feb 2026 | 11:55 AM IST

Reliance sends 1st fuel to Europe since ban on Russian oil-derived products

The EU's ban on importing products produced from Russian crude is aimed at curbing oil revenues Moscow uses to fund the Ukraine war

Reliance sends 1st fuel to Europe since ban on Russian oil-derived products
Updated On : 06 Feb 2026 | 7:48 AM IST

Record discounts on Russian oil to China aim to lure demand as India wavers

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

Record discounts on Russian oil to China aim to lure demand as India wavers
Updated On : 06 Feb 2026 | 7:18 AM IST

Russian oil tankers position close to India amid lack of clarity on US FTA

Officials of Indian refiners evaluating Russian crude alongside other grades from Brazil, Angola and UAE

Russian oil tankers position close to India amid lack of clarity on US FTA
Updated On : 05 Feb 2026 | 11:38 PM IST

'Commercial viability key': MEA says open to Venezuela, other crude sources

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

'Commercial viability key': MEA says open to Venezuela, other crude sources
Updated On : 05 Feb 2026 | 4:39 PM IST

Kremlin says India's oil diversification 'nothing new' amid US trade deal

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 says India's oil diversification 'nothing new' amid US trade deal
Updated On : 04 Feb 2026 | 5:15 PM IST

No clarity yet: Kremlin on India halting Russian oil imports after US deal

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

No clarity yet: Kremlin on India halting Russian oil imports after US deal
Updated On : 03 Feb 2026 | 5:02 PM IST