Crude Oil
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Business
Could Companies Shift from Russian to Venezuelan Crude Oil? SBI Highlights Potential $3 Billion Savings
India stands on the brink of significant savings in its crude oil import expenditures, potentially amounting to nearly $3 billion.…
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Business
US Grants Temporary Sanctions Relief to Serbian Oil Company Under Russian Control
The United States has granted a temporary reprieve to the majority-Russian-owned Serbian oil company, Petroleum Industry of Serbia (NIS), allowing…
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Business
Trump Sanctions Begin: India’s Response to Russian Crude Oil Purchases
US President Donald Trump has enacted sanctions against two major Russian oil companies, Rosneft and Lukoil, effective November 21, 2025.…
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Business
India’s Crude Oil Imports from Russia Surge in October Following Previous Quarter Decline
In a significant development, India’s crude oil imports from Russia have rebounded in early October, reversing a three-month decline. This…
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Business
Donald Trump Questions India’s Purchase of Russian Crude Oil: Current Developments Explained
Will India cease its oil imports from Russia? This question arises amid claims from former US President Donald Trump that…
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Business
Russia Continues as India’s Primary Crude Oil Supplier Amid Trump Pressure
Donald Trump’s administration has been pressuring India to limit its crude oil imports from Russia, yet Russian oil continues to…
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Business
EU Advances on Crude Oil Sanctions Against Russia, Considers Oil Price Cap
Russia’s recent oil sanctions are poised to create significant challenges for two major Indian companies, Nayara Energy and Reliance Industries…
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Business
EU Imposes Sanctions on Russia’s Crude Oil Sector
The European Union has intensified its sanctions against Russia by targeting an Indian oil refinery owned by Rosneft and lowering…
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