Page 9 - India Russia

India's Russian oil puzzle: Higher cost, drying offers, and tariff pressure

India's oil trade with Russia faces its toughest test yet with spiking procurement costs, tightening sanctions, disappearing discounts and the looming threat of Trump's tariffs

US doubles tariff on India to 50% over Russian crude oil purchases

'Unfair, unjustified, unreasonable', says MEA; new rates from August 28

India refiners wait for govt order on Russian oil purchases: Report

US President Donald Trump has criticised India's Russian oil purchases, arguing they help fund Moscow's war in Ukraine

India, Russia to collaborate on rare earths, critical minerals mining

India and Russia are exploring opportunities in rare earth and critical minerals extraction, underground coal gasification, and creation of modern industrial infrastructure, an official statement said on Wednesday. The issue came up for discussions during the India-Russia Working Group on Modernization and Industrial Cooperation meeting, which was held here under the framework of the India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation. Critical minerals such as copper, lithium, nickel, cobalt and rare earth are essential raw materials required to fuel the growth of rapidly-growing clean energy technologies and their expanding uses ranging from wind turbines and electricity networks to electric vehicles and battery manufacturing. The commerce and industry ministry said the key focus areas included cooperation in aerospace science and technology, including the establishment of a modernized wind tunnel facility, production of

Trump imposes additional 25% tariff on India for purchasing Russian oil

US President Donald Trump has imposed an additional 25% tariff on Indian goods, citing India's continued import of Russian oil, effective August 27

Oil and pressure: How India became Russia's oil lifeline after Ukraine war

India's growing reliance on discounted Russian crude has reshaped its import basket, pushing out traditional West Asian suppliers and raising questions about how easily the country could pivot

Russia backs India's right to choose trade partners, commits to partnership

Russia reaffirms defence ties with India, backs sovereign right to choose trade partners; statement comes after Trump's accusations of India's crude oil purchases funding Russia's conflict with Ukrain

Don't know anything about it: Trump on US importing Russian chemicals

Trump's statement comes after India said that the US continues to import uranium hexafluoride from Russia for its nuclear industry, fertilisers, as well as chemicals

Trump says he never fixed a percentage for tariffs on Russian oil buyers

Trump's change in stance comes hours after he suggested imposing increased tariffs on additional countries buying energy from Russia, including China

Garcetti video resurfaces as Trump targets India's Russian oil imports

MEA defends India's oil purchase policy as US President Donald Trump accuses India of 'financing' Russia's war, escalates tariff threats and stalls trade talks

Jaishankar calls for a 'global fair order' amid Trump's tariff pressure

Jaishankar's remarks come amid rising global tensions, with Trump imposing tariffs on India and criticising its oil trade with Russia

Trump aide accuses India of ‘funding’ Ukraine war through Russian oil buys | India-US trade

As pressure mounts from the Trump administration, a top White House official has accused India of “financing” the Ukraine war through its continued oil imports from Russia. How's India navigating?

Despite US pressure, Russian oil tankers unload at Indian refineries

More tankers are poised to discharge another 2.2 million barrels of Urals in the coming hours

'EU, US import Russian goods but target us': India defends oil purchase

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 IOC buys 7 mn barrels US, Abu Dhabi crude amid Russian oil decline

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

PM Modi defiant as Trump steps up pressure on India's Russian oil purchases

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

US tariffs on the horizon: Exporters seek rollout of promotion schemes

₹2,250 crore Export Promotion Mission awaits Cabinet nod

Top Trump aide accuses India of financing Russia's war in Ukraine

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

Strategic bond with US, time-tested Russia ties: MEA amid tariff tensions

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

India's Russia oil imports slump, US crude purchases rise in July

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