More tankers are poised to discharge another 2.2 million barrels of Urals in the coming hours
India slams Trump's tariff threat, defends Russian oil imports as essential, and calls out US, EU 'hypocrisy' for trading with Russia while unfairly targeting New Delhi
India's top refiner IOC buys 7 million barrels of crude from US, Canada and Abu Dhabi via tender, as Russian oil imports pause due to narrowing discounts and rising sanctions
Modi's government hasn't given India's oil refiners instructions to stop buying Russian oil, and no decision has been taken on whether to halt the purchases
₹2,250 crore Export Promotion Mission awaits Cabinet nod
Miller's criticism was some of the strongest yet by the Trump administration about one of the United States' major partners in the Indo-Pacific
Speaking at the Ministry of External Affairs' weekly briefing, spokesperson Randhir Jaiswal addressed growing concerns over the impact of Trump's comments on bilateral ties
Import from Russia in July was around 1.5 million barrels per day (bpd), the lowest this year after February, compared to 1.95-2.1 million bpd in June
US Secretary of State Marco Rubio says India's Russian oil imports are 'a point of irritation' in ties with Washington, a day after Trump announced 25 per cent tariffs on all Indian exports
Rahul Gandhi echoes Donald Trump's 'dead economy' remark for India, but Congress leaders and INDIA bloc allies reject the claim, citing strong economic data
Donald Trump lashes out at India's ties with Russia, calls both economies 'dead', warns Russia's Medvedev and announces a 25% US tariff on Indian exports
From just 0.2 per cent before the Russia-Ukraine war to now accounting for 35-40 per cent of total crude imports, India's reliance on Russian oil has surged -- drawing fresh scrutiny with US President Donald Trump announcing a penalty on top of a 25 per cent tariff, or tax, on all goods going to the US. India historically bought most of its oil from the Middle East, including Iraq and Saudi Arabia. However, things changed when Russia invaded Ukraine in February 2022. India, the world's third-largest crude importer after China and the US, began snapping up Russian oil that was available at a discount after some in the West shunned it as a means to punish Moscow for its invasion of Ukraine. From a market share of just 0.2 per cent in India's import basket before the start of the Russia-Ukraine conflict, Russia overtook Iraq and Saudi Arabia to become India's No.1 supplier, with a share as high as 40 per cent at one point of time. This month, Russia supplied 36 per cent of all crude o
On Wednesday, the US President said that he would impose a tariff rate of 25 per cent on India's exports to the US starting on Aug 1
US President Donald Trump described India's trade policies as the 'most strenuous and obnoxious non-monetary trade barriers of any country'
Nayara Energy Ltd., part-owned by Rosneft PJSC, said it was seeking advance payment or a documentary letter of credit, before loading a shipment of naphtha next month
MEA says securing India's energy needs is a top priority and cautions against double standards amid NATO threat of secondary sanctions over Russian oil imports
The two leaders had earlier met in Johannesburg in February this year, where they had discussed the ongoing progress of bilateral cooperation between India and Russia
The Senate bill, backed by Trump, seeks to penalise nations buying Russian oil; it could reshape US trade ties with India and China amid Ukraine conflict
The interaction between the Two Armies focused on enhancing bilateral Defence Cooperation, including exchanges in niche technologies such as Drones, C-UAS, Electronic Warfare
India, one of the key buyers of Russian thermal coal, increased its imports from Russia in May to the highest level in two years, business daily Kommersant reported on Friday. The Russian thermal coal deliveries to India rose by 52 per cent in May 2025 compared to April, reaching a two-year high of 1.3 million metric tons, reported Kommersant quoting a business review by the Russian Centre for Price Indices (CCI). Records reveal since June 2023, monthly exports from Russia have not exceeded 1 million tons. Analysts interviewed by the Daily attribute this trend to the flexible pricing strategies adopted by Russian coal exporters, as well as the quality of the fuel itself. While a significant increase in Russia's market share in India is unlikely due to rising domestic production and the high cost of logistics. However, maintaining current shipment levels is entirely feasible, it said, voicing the opinion of experts. India's total thermal coal imports in May increased seasonally by