Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
India’s Russian oil imports are set to decline to the lowest in years Reliance Industries Ltd. said it’s not expecting any delivery in January. Reliance Industries was the biggest Indian buyer of Russian crude last year. (Reuters) “Reliance Industries’s Jamnagar refinery has not received any cargo of Russian oil at its refinery in the past […]
Indian Oil Corp. Ltd. purchased its first Colombian oil under an optional supply deal with state oil company Ecopetrol, two people familiar with the matter said, as India’s top refiner seek to diversify from Russian oil imports. An Indian Oil fuel station in Bengaluru. The state-run refiner has an optional contract to buy about 12 […]
Reliance Industries Ltd. has resumed Russian oil imports, sourcing barrels from non-sanctioned suppliers and routing them to its Jamnagar refinery in Gujarat, according to people with knowledge of the matter. Reliance Industries has resumed Russian oil imports from non-sanctioned suppliers and routing them to its Jamnagar refinery. (Reuters) India’s largest refiner contracted Aframax tankers from […]
India is set to curtail its Russian oil imports to comply with new US sanctions on two top Moscow-backed producers, Reuters reported on Thursday citing sources. That potentially removes a major hurdle to the India-US trade deal that’s been in the works for months. India imported 1.7 million barrels per day of Russian crude in […]
India and the US are nearing a long-stalled trade deal that would reduce American tariffs on Indian imports to 15 per cent to 16 per cent from 50 per cent, Mint reported, citing three people aware of the matter. US President Donald Trump said he spoke with Prime Minister Narendra Modi on Tuesday. (PTI file) […]
Reliance Industries Ltd. bought middle-east crudes last week and may place more orders, in a sign that US pressure against India’s Russian oil imports may be starting to impact its procurement patterns. Reliance Industries, which operates the world’s largest refinery at Gujarat’s Jamnagar bought at least 2.5 million barrels of Middle Eastern crude oil last […]
India’s Russian oil imports could drop as refiners led by Indian Oil Corp. Ltd. wait for official guidance from New Delhi after US President Donald Trump said Prime Minister Narendra Modi had committed to stop taking the crude. Russian oil has accounted for roughly a third of India’s crude imports so far this year. (Reuters) […]
India’s trade deficit in September widened the most in eleven months as 50% US tariffs took effect in the world’s fourth largest economy. Shipping containers at Mundra port in Gujarat. The 50% US tariffs on India came into effect on 27 August 2025. (Reuters) The gap between exports and imports stood at $32.15 billion in […]
