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India-russia Ties

US may 'unsanction' more Russian oil after allowing India to buy: Bessent

US Treasury allows India to buy Russian oil already en route, signalling possible easing of sanctions on other Russian oil to address global supply gaps, says Scott Bessent

US may 'unsanction' more Russian oil after allowing India to buy: Bessent
Updated On : 07 Mar 2026 | 6:31 AM 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

India moves to shield economy as Iran tensions expose oil, currency risks

Reserve Bank of India stepped up surveillance of the currency market, and traders said Wednesday the central bank intervened to curb volatility after the rupee plunged to a record low

India moves to shield economy as Iran tensions expose oil, currency risks
Updated On : 05 Mar 2026 | 10:37 AM 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

Russia offers to divert oil to India as Hormuz crisis hits supplies

India is vulnerable to supply ‌shocks, with crude stocks covering only about 25 days of demand, while refiners hold similarly limited inventories of gasoil, gasoline and liquefied petroleum gas

Russia offers to divert oil to India as Hormuz crisis hits supplies
Updated On : 04 Mar 2026 | 6:25 PM IST

Saudi crude imports rise, narrowing Russia's lead in India's oil market

Russia will still be the country's biggest supplier this month if flows reach the top of Kpler's range at 1.2 million barrels a day, but shipments are set to drop even further

Saudi crude imports rise, narrowing Russia's lead in India's oil market
Updated On : 20 Feb 2026 | 11:56 AM IST

Indian envoy, Russian Dy FM meet; discuss 'pressing' bilateral issues

Indian Ambassador Vinay Kumar on Tuesday met Russian Deputy Foreign Minister Andrei Rudenko and discussed "pressing" bilateral and international issues, including the situation in the Asia-Pacific region. The meeting came in the backdrop of Washington's claim that New Delhi has agreed to stop importing Russian crude oil. In a statement, the Russian Foreign Ministry said, "The sides discussed the schedule of upcoming political contacts, pressing bilateral and international issues, including the situation in the Asia-Pacific region." Following a recent phone conversation between Prime Minister Narendra Modi and United States President Donald Trump, both sides announced a reduction of the US tariffs on Indian goods to 18 per cent from 50 per cent. The reduction included the removal of a 25-per cent tariff that Trump had slapped on India in August last year for New Delhi's purchase of Russian oil. India has not yet confirmed or denied Washington's claim that it has committed to stoppi

Indian envoy, Russian Dy FM meet; discuss 'pressing' bilateral issues
Updated On : 17 Feb 2026 | 8:10 PM IST

Energy market complex; India is wedded to strategic autonomy: Jaishankar

Speaking at the Munich Security Conference, Jaishankar said India's independent decision-making remains central to its approach

Energy market complex; India is wedded to strategic autonomy: Jaishankar
Updated On : 14 Feb 2026 | 8:45 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

Except Trump, nobody has stated India's refusal to buy Russian oil: Lavrov

Except US President Donald Trump, nobody else has declared that India will stop buying Russian oil, Foreign Minister Sergei Lavrov told the country's parliament Wednesday. Lavrov's comments came two days after Russia accused the US of attempting to prevent India and other countries from buying Russian oil, saying Washington was using a wide range of "coercive" measures, including tariffs, sanctions and direct prohibitions. On Wednesday, responding to a lawmaker in the State Duma (Lower House), Lavrov said, "You mentioned that Donald Trump announced India's agreement to no longer purchase Russian oil. I have not heard such a statement from anyone else, including Prime Minister Modi and other Indian leaders." Lavrov noted that External Affairs Minister S Jaishankar, setting the trend for India's chairmanship of BRICS, told the first meeting of sherpas in New Delhi that energy security will be one of the top items of the BRICS summit, expected to be attended by Russian President Vladim

Except Trump, nobody has stated India's refusal to buy Russian oil: Lavrov
Updated On : 11 Feb 2026 | 8:16 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

Russia needs 11 million workers by 2030: Can Indians fill the labour gap?

Russia estimates the economy needs 11 million more laborers by the end of the decade

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Updated On : 10 Feb 2026 | 8:42 AM 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

US lifts extra 25% tariffs on Indian goods linked to Russian oil buys

The step is part of a wider agreement to ease trade tensions, under which India plans to buy about $500 billion worth of US goods, including energy, aircraft and technology, over the next five years

US lifts extra 25% tariffs on Indian goods linked to Russian oil buys
Updated On : 07 Feb 2026 | 7:07 AM 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