Chennai: US sanctions on Russia’s oil industry and rupee depreciation could see India’s crude oil import bill going up by 8-9 per cent in the coming months. On January 10, 2025, the US imposed ...
New US sanctions on Russian oil tankers and energy companies threaten India's access to cheap crude, potentially driving up ...
The Trump administration’s decision to revoke India’s sanctions waiver for Chabahar Port represents a significant ...
The International Criminal Court (ICC), based in The Hague, has declared that it will persist in its operations despite sanctions imposed by former U ...
India’s crude oil imports from Russia rose 13 per cent in January, reaching 1.67 million barrels per day (bpd), despite fresh US sanctions on Russian oil producers and tankers, according to data ...
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Photograph: Dado Ruvic/Illustration/File Photo/Reuters The toughest US sanctions on Russian crude oil supplies proved inadequate to stanch India's appetite for the discounted grades in January.
That equates to around 1.4% of global oil demand. Many of them have been used to ship oil to India and China as Western sanctions and a price cap imposed by the Group of Seven countries in 2022 ...
Russia has continued to send cargoes of crude oil to India on tankers that have been sanctioned by the US, Bloomberg reported on Tuesday. This situation presents a crucial test of Moscow’s ability to ...