Russian Oil

Russian Urals discount widens to $6/bbl after US sanctions

Before the November 21 wind-down deadline, India’s crude imports from Russia remained very strong (around 1.8–1.9 million barrels per day)…

November 25, 2025 18:58 IST

India’s Russian oil imports set to hit three-year low in December amid sanctions pressure

India’s Russian oil imports set to hit a three-year low in December due to tighter sanctions—read how refiners are adapting.

Updated: November 25, 2025 14:33 IST

As RIL halts Russian imports, US official says India-China banks also ‘complying’ with sanctions

A US Treasury memo release sheds light on how US sanctions have impacted Russian oil trade. Meanwhile, international entities ramp…

November 21, 2025 11:43 IST

Defying claims of a substantial curtailment, India remained the second-largest buyer of Russian fossil fuels in October

Russian oil loadings for India plunge as sanctions hit today

Reliance stops use of Russian crude at refinery for exports.

November 20, 2025 23:53 IST

Indian Oil is seeking more oil from the Americas while Mangalore Refinery and Petrochemicals has bought Abu Dhabi crude

Imports of Russian oil strong yet, sharp decline seen in Dec-Jan

India does receive Russian crude from suppliers other than Rosneft and Lukoil, and those flows remain legal for now.

November 20, 2025 18:29 IST

Trump says he would sign bill releasing Epstein files

500% tariffs on Russia trade partners? Trump reveals new Republican bill – What happens to India?

Donald Trump reveals that members of his Republican Party are ‘putting in legislation’ that could mount up sanctions on countries…

Updated: November 17, 2025 15:13 IST

India keeps Russian oil purchases unchanged at 2.5 bn euro in October even as sanctions tighten

India’s spending in October was unchanged from the 2.5 billion euro spent on buying Russian oil in September.

Updated: November 16, 2025 14:14 IST

Why the US sanctioned Indian purchases of Russian oil

Why US Sanctioned Indian Purchases of Russian Oil – It’s Not The War

The US sanctioned Indian purchases of Russian oil amid trade talks. Understand why this impacts India’s discounted energy supply.

Updated: November 9, 2025 09:05 IST

Mukesh Ambani-led Reliance Industries is seeking to sell some cargoes of Middle Eastern oil to domestic and international buyers, according to a report by Bloomberg.

Unprecedented move by Reliance Industries – oil importer mulls selling Middle East oil cargo in India and abroad

Mukesh Ambani-led Reliance Industries is reportedly selling Middle Eastern crude grades like Murban and Upper Zakum on the spot market

Updated: November 6, 2025 15:58 IST

Reliance cuts Russian crude imports by 13%

Reliance Industries cuts Russian crude share by 13% after US sanctions: Report

Reliance Industries has reduced Russian crude imports by 13% in October. Reliance Industries scaled back 24% imports from sanctioned firms…

November 5, 2025 13:40 IST

Russian oil dispatches to India have dropped after the US announced sanctions.

India’s Russian oil imports plunge to 1.19 mn barrels per day

US sanctions trigger sharp drop in Russian oil imports to India; refiners are shifting strategies before more declines hit.

November 4, 2025 12:14 IST

Trump did not discuss Russian oil purchase with China

Trump’s Russian oil paradox, says didn’t discuss oil with Xi

Trump has often said that purchasing oil from Russia has helped keep the war in Ukraine going. Many times, he…

October 31, 2025 07:03 IST

Oil India unable to transfer $300 million dividend from Russian oil assets:Report

Oil India’s $300 million dividend trapped in Russia due to US sanctions: Report

Oil India has been unable to transfer a $300 million dividend from its investments in Russian oil companies JSC Vankorneft…

October 28, 2025 15:58 IST

Indian refiners have not placed new orders for Russian oil purchases since sanctions were imposed

Indian refiners pause new Russian oil orders after sanctions: Report

Indian refiners have paused fresh orders for Russian crude following new U.S. sanctions targeting Russia’s top oil producers, Lukoil and…

October 28, 2025 13:32 IST

India’s crude oil import from US surges to record level since 2022

The month of October is expected to close with nearly 575,000 barrels per day (bpd) of oil imports from the…

October 28, 2025 07:20 IST

OMC Earnings to Decline Sequentially in Q2FY26 on Higher Crude.

Blessing in disguise?

Lower imports of Russian crude might help speed up trade deal with the US at lower tariffs.

October 24, 2025 22:10 IST

reliance, crude oil, russian crude oil, russia oil, us sanctions on russian oil, crude oil sanctions, india-russia

‘Will comply with sanctions on Russian oil, also maintain supplier relationship’: Reliance

Reliance, which operates the world’s largest refining complex at Jamnagar in Gujarat, processes about 1.4 million barrels of crude per…

October 24, 2025 20:20 IST

Crisil warns of 10–12% revenue hit for Indian leather exporters

Crisil warns of 10-12% revenue hit for India’s leather exporters amid US tariff, order cancellation

Crisil Ratings projects a 10–12% revenue decline for India’s leather exporters this fiscal as the US imposes a steep 50%…

October 24, 2025 13:26 IST

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