Russian Oil
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Russia never hurt India's interests, always had stable and friendly ties: Jaishankar
World | February 20, 2024 16:45 ISTJaishankar highlighted that Europe shifted to the Middle East for energy procurement and that India cannot share the same view as European countries on Russia. He also highlighted that Western countries preferred Pakistan over India for arms supply, but the trend has changed in the last decade.
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US sanctions UAE shipping firm for transporting Russian crude oil above USD60 per barrel price cap
World | January 18, 2024 23:24 ISTThe United States, European Union, countries in the Group of Seven and Australia imposed a $60 a barrel limit in 2022 on Russian oil. Any purchases above the cap would violate the agreed-upon policy.
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Oil prices jump as Russia, Saudi Arabia extend voluntary production cuts, will it impact India?
World | September 06, 2023 13:41 ISTA series of production cuts over the past year has failed to substantially boost prices amid weakened demand from China and tighter monetary policy aimed at combating inflation. But with international travel back up to nearly pre-pandemic levels, the demand for oil likely will continue to rise.
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'Iran ready to give special priority to India on oil but....': Dy FM signals to use rupee for trade
World | July 16, 2023 21:44 IST"This is on our agenda, using our national currencies in our trade, commercial and economic exchanges particularly the example of India. We have made good progress in this...Hopefully, this could take new momentum and we could see widespread use of our national currencies in this process," the Irani
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What White House said on India purchasing Russian oil
India | June 24, 2023 1:49 ISTSpeaking to reporters, John Kirby, NSC Coordinator for Strategic Communications said, "India has to make its own choices about (Russian) oil purchases and we hope that we can continue to see that they purchase Russian oil at or below the price cap, as they have been."
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Pakistan PM Shehbaz Sharif's biggest lie exposed: 'Not purchasing Russian oil on 'special discount'
World | June 18, 2023 15:15 ISTFlaunting the development as the beginning of a new relationship between Pakistan and the Russian Federation, PM Shehbaz congratulated his entire team for cracking a deal which had never happened.
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India, China bought 80% of Russia's oil in May: Report
Business | June 16, 2023 17:14 ISTRussia-origin seaborne crude exports averaged 3.87 million barrels per day in May, the highest since Russia invaded Ukraine in February 2022.
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After India, Pakistan begins transporting discounted Russian crude oil
World | June 12, 2023 20:25 ISTOut of the 45,000 metric tonnes of crude oil, 3,000 metric tonnes were offloaded from the Russian ship to Pakistan Refinery Limited, Geo TV reported.
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Russia 'pressurising' India to avoid being placed on FATF's blacklist; Will India take any steps?
World | May 27, 2023 17:27 ISTRecently, Prime Minister Narendra Modi met Ukraine's President Volodymyr Zelenskyy in Japan's Hiroshima during the G7 Summit, where India advocated for peace talks through dialogue and diplomacy. The move, according to multiple Russian news outlets, was not appreciated by Moscow officials.
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Pakistan: Imran again hails India for procuring Russian oil at discounted rate; laments he couldn't
World | April 09, 2023 21:28 ISTAlthough his Russia tour was the first visit by a Pakistani premier to Moscow in the past 23 years, Khan could not broker any deal that could give relief to the cash-strapped country.
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Indian, Russian oil giants strike deal to boost oil supply despite Western pressure
World | March 29, 2023 20:51 ISTCiting the statement released by Rosneft, the Russian media reported that the deal was signed during the working trip of Rosneft CEO Igor Sechin to India.
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'India prioritises national interests': Russian oil import soared THIS much despite sanctions
World | March 28, 2023 19:21 ISTIt is worth noting that India is the world’s third-largest oil-consuming and importing nation. It imports 85 per cent of its crude oil needs.
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'Iran is ready to export oil to India.. can resist West sanctions': Iranian Ambassador To India
World | March 17, 2023 17:04 ISTThe diplomat claimed India is neither Taiwan nor South Korea and added it is a rising power with a powerful economy. Elahi claimed that New Delhi can easily resist the power of the West.
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Pakistan likely to procure Russian crude oil on discounted rate: Reports
World | March 12, 2023 17:12 ISTPakistan, which is currently grappling with high external debt and a weak local currency, is desperate to purchase cheap crude at discounted rates from Russia.
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'US Won't impose sanctions on India for purchasing Russian energy despite oil price cap': Pentagon
World | February 09, 2023 6:21 ISTNotably, both the EU and the US adopted further price caps for seaborne Russian petroleum products including diesel and fuel oil last week.
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India-Russia relations 'under stress' amid war and 'West interference', says top Moscow official
India | February 07, 2023 6:21 ISTHowever, the Russian official noted that the relations between India and Russia are decades old and added the ties between the two nations would not be affected by any external factors.
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EU, G7 allies agree on price cap on Russian petroleum amid Ukraine war; Will it affect India?
World | February 04, 2023 19:00 ISTAccording to the top EU official, two price levels have been set for Russian petroleum products: one for ”premium-to-crude” petroleum products, such as diesel, kerosene and gasoline, and the other for ”discount-to-crude” petroleum products.
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Amid war, India's import from Russia moved to 4th position in list of Top 10 import source nations
Business | January 16, 2023 17:34 ISTCiting the reason behind the abrupt jump of Russia, the Commerce Ministry said the import of crude oil rose significantly in the current financial year.
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Jaishankar again exposes Europe's hypocrisy: 'EU imported 6 times more fuel energy from Russia'
February 28, 2024 1:49 ISTEAM Jaishankar said that India is at a crossroads, “poised between the vibrant plurality of its democracy since independence in 1947 and a turn toward illiberalism” under Modi, and said Modi’s India seems to brim with confidence.
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Russia appreciates India's decision to not back G7's price cap on oil
World | December 11, 2022 10:57 ISTNovak stressed that Russia is responsibly fulfilling its contractual obligations for the supply of energy resources, diversifying energy exports to the countries in the east and south amid the energy crisis.
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