Russian Oil
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Business
India’s Ongoing Purchase of Russian Oil Amid Iran War and Uncertainty Over Trump Sanctions Waiver
In March 2026, India faced a potential crisis in crude oil supply due to the closure of the Strait of…
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Business
US Extends Sanction Waiver on Russian Oil: Implications for India
The United States has announced an extension of its sanctions waiver on Russian oil, providing temporary relief to countries purchasing…
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Business
US Decision on Sanctions Waiver for Russian and Iranian Oil: Implications for Indian Companies
The United States has announced it will not extend the temporary waiver that permitted the sale of Russian and Iranian…
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Business
Asian Countries Turn to Russian Oil Amid Middle East Conflict, Utilizing US Waivers
With the ongoing conflict in Iran leading to the near-closure of the Strait of Hormuz, several Asian nations are increasingly…
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Business
Impact of US 30-Day Waiver on Russian Oil Purchases: Implications for India Amid Israel-Iran Conflict
The recent decision by the Trump administration to grant a temporary waiver allowing India to purchase Russian crude oil has…
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Business
US Comments on India’s Russian Oil Waiver: A Temporary Relief for Global Refinery Pressures
The United States has granted India a temporary waiver allowing the purchase of certain Russian oil supplies, a move aimed…
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Business
‘Indians Have Been Good Actors’: US Approves Temporary Resumption of Indian Purchases of Russian Oil
The United States has granted India a temporary waiver to purchase Russian oil that is currently stranded at sea, a…
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Business
Russian Oil Ships Navigate to India Amid Middle East Supply Disruptions, Reports Indicate
India is ramping up its purchases of Russian crude oil as tensions in the Middle East escalate, particularly due to…
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Business
Marco Rubio Asserts India’s Pledge to Halt Russian Oil Purchases at Munich Conference
US Secretary of State Marco Rubio announced at the Munich Security Conference that the United States has secured a commitment…
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Business
Trump Administration Considers Refunds for Minor Penalties on Indian Oil Imports Amid Russian Oil Developments
The Trump administration is considering refunding India for certain penalties related to a 25% tariff imposed on imports of Russian…
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Business
India Expected to Reduce Russian Oil Purchases Following US Tariff Reductions
India is poised to reduce its imports of Russian oil following a new agreement with the United States. In exchange…
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Business
Implications of India Halting Russian Oil Purchases on Moscow’s Revenue
Russia’s oil revenues are at risk of a significant decline as U.S. President Donald Trump pushes India to reduce or…
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Business
Understanding Trump’s 18% Tariff Relief: Implications for India and Russian Oil Trade
India and the United States have reached a significant trade agreement that will lower tariffs on Indian exports to 18%,…
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Business
Trump Aide Urges India to Increase Efforts on Russian Oil for Tariff Relief
India’s ongoing trade negotiations with the United States have yet to produce a favorable outcome, particularly concerning tariffs on Indian…
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Business
India’s Crude Basket Shifts: Increased Middle East Imports and Reduced Russian Oil Shipments Post-Trump Sanctions
India is undergoing a significant shift in its crude oil sourcing strategy, moving away from Russian supplies while increasing imports…
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