Tag: Russian Oil

Indian Refiners Continue Russian Oil Imports, Citing Economic and Strategic Necessity

India imports nearly 85% of its crude oil, and its engagement with Russian suppliers has helped cushion global oil markets amid OPEC+ production cuts totaling 5.86 mb/d.

August 2, 2025

Trump Welcomes Reports of India Halting Russian Oil Imports as India Reaffirms Energy Sovereignty

Despite this, India maintained a measured stance and expressed confidence that India-US ties remain strong, with focus on a substantive bilateral agenda.

August 2, 2025

Karnataka CM Warns of State-Level Impact as US Imposes 25% Tariff and Penalty on India Over Russian Oil Imports

"It will impact the state also, and the whole country at large. I will discuss this issue with the concerned Minister," Siddaramaiah told reporters.

August 2, 2025

Trump Imposes 25% Tariff on India, Warns of Penalty Over Russian Oil Ties but Says Talks Ongoing

He emphasized that India, despite being a US ally, has done "relatively little business" with the US due to these trade barriers.

July 31, 2025