Russian Oil
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US lifts additional 25% tariff on Indian goods following historic trade deal
World | Feb 07, 2026, 09:43 AM ISTIn August last year, the US imposed 25 per cent reciprocal tariffs on goods from India. Besides, India attracted an additional 25 per cent levy over its purchase of Russian crude oil.
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'India free to buy oil from any country': Russia after Trump's Venezuelan oil talks with New Delhi
World | Feb 05, 2026, 07:19 AM ISTKremlin Spokesman Dmitry Peskov was asked about US President Donald Trump's claim that Prime Minister Narendra Modi had agreed to stop buying Russian oil and switch to purchasing crude from the United States and, potentially, from Venezuela.
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'We are convinced…': Russia stands firm with India on energy ties as US seeks curbs in trade deal
World | Feb 04, 2026, 08:29 PM ISTTrump on Monday declared a trade deal with India and reduced tariffs on New Delhi to 18 per cent after holding a telephonic conversation with PM Modi. He also said PM Modi has agreed to stop buying oil from Russia.
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India 'stopped' buying Russian oil after Trump's 25% tariff, claims US Treasury Secretary
World | Jan 21, 2026, 09:51 PM ISTNotably, the US President announced a cumulative 50 per cent tariff on Indian goods, 25 per cent of which was specifically linked to India’s procurement of Russian energy supplies.
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US to impose 500% tariff on India and China for Russian oil purchase? Bill gets Trump's nod
World | Jan 08, 2026, 12:09 PM ISTThe bill, chiefly written by Graham and Sen. Richard Blumenthal, D-Conn., allows the administration to impose tariffs and secondary sanctions on countries that purchase Russia's oil, gas, uranium and other exports.
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'Have a good relationship with PM Modi, but he's not happy': Trump's latest on India tariffs
World | Jan 07, 2026, 12:01 AM ISTUS President Donald Trump on Tuesday claimed that Prime Minister Narendra Modi is unhappy with him over the rising tariffs India faces.
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'Blatantly untrue': Reliance rejects report on Russian oil shipments to Jamnagar refinery
Business | Jan 06, 2026, 07:21 AM ISTReliance Industries Limited reiterated that it has not received any shipments of Russian oil in the last three weeks and is "not expecting any Russian crude oil deliveries in January.
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'Can raise tariffs on them very quickly': Trump warns India over Russian oil imports, hails PM Modi
World | Jan 05, 2026, 08:37 AM ISTTrump warned that the US could swiftly impose higher tariffs on Indian goods if India's trade and energy decisions do not align with Washington's preferences. He linked India’s approach to Russian oil to his own dissatisfaction, even as he praised PM Modi.
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Reliance halts imports of Russian oil at its SEZ refinery
Business | Nov 20, 2025, 10:12 PM ISTReliance's oil refining complex at Jamnagar has two refineries. While one of the refineries caters to the domestic market, the other one is a SEZ unit from which it exports fuels to the US, the EU and other markets.
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India buys 2.5 billion euro of Russian oil in October ahead of new sanctions
Business | Nov 16, 2025, 02:25 PM ISTIndia remained the second-largest buyer of Russian fossil fuels in October behind China, according to the Centre for Research on Energy and Clean Air (CREA).
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Lakshmi Mittal's energy firm suspends Russian oil purchases, citing US sanctions
Business | Oct 29, 2025, 06:43 PM ISTHMEL, the equal joint venture of Mital group and Hindustan Petroleum Corporation Ltd (HPCL), the first Indian company to officially state that it will not buy Russian crude after the US imposed sanctions on large oil producers of Russia.
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'Trump shouldn't tell what India will do': Shashi Tharoor on US President's Russian oil claim
India | Oct 23, 2025, 07:47 PM ISTPresident Trump has said that the process of phasing out Russian oil imports will be 'gradual, claiming that India will bring it "down to almost nothing" by the end of the year.
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Trump again claims India will 'stop' buying Russian oil by year-end, cites conversation with PM Modi
World | Oct 23, 2025, 08:08 AM ISTReiterating his claim of having halted conflict between India and Pakistan, Trump emphasised that tariffs played a crucial role in brokering the truce between the two countries.
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Trump warns India again over Russian oil purchase: 'Will continue to pay massive tariffs'
World | Oct 20, 2025, 07:25 AM ISTThis is the third time when Trump has made this assertion about India's Russian oil purchase and PM Modi's assurance. The 79-year-old Republican president has imposed 25 per cent tariffs on India for procuring Russian oil, taking the total duties on New Delhi to a whopping 50 per cent.
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Trump reiterates claim on India's Russian oil imports: 'They are pulling back'
World | Oct 18, 2025, 06:40 AM ISTEarlier this week, Trump had first made his assertions. However, the MEA rejected his claims and said it has been a policy of the government to safeguard the interests of Indian consumers in a "volatile energy scenario".
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Speed News: PM Modi Performs Puja At Srisailam Temple, Launch Rs 13,430 Cr Worth Projects In Andhra
Originals | Oct 16, 2025, 06:29 PM ISTIndia's MEA emphasized safeguarding consumer interests in response to Trump's Russia oil claim, while the IAF became the third most powerful globally. Watch all the latest headlines of the day in today's Speed News.
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MEA reacts to Trump's claim on Russian oil purchase: 'No phone call between PM Modi, US President'
India | Oct 16, 2025, 11:45 PM ISTNotably, India is the second-largest buyer of Russian fossil fuels behind China, according to the Centre for Research on Energy and Clean Air (CREA). The US president said India may not be able to cut the procurement immediately, but the process has started.
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Trump wants India to stop oil trade with Russia, but overlooks Europe's purchases worth billions
Explainers | Oct 16, 2025, 02:41 PM ISTWhile Donald Trump advocates for India to halt its purchases of Russian oil and gas, citing the Ukraine war, he conveniently misses out European nations' massive continued trade with Moscow, much greater than New Delhi's purchases. Here's a deep dive into what data reveals.
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'Russian oil supplies beneficial for Indian economy': Moscow responds to Trump's oil trade claims
World | Oct 16, 2025, 01:18 PM ISTRussian envoy Denis Alipov stated that India’s energy cooperation with Moscow is in line with its national interests. The government reiterated that its import policies are guided by consumer priorities and the need to ensure energy security.
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Priority to safeguard Indian consumer's interest, talks with US ongoing: MEA on Trump's claim
India | Oct 16, 2025, 11:46 AM ISTIn a statement, Ministry of External Affairs spokesperson Randhir Jaiswal said India's import policies are guided by the country's objective to safeguard its interests. He, however, noted that India is a significant importer of oil and gas.