Indian Oil Buys Colombian Crude for First Time
Indian Oil Corp makes landmark Colombian crude purchase as Russia sanctions reshape global oil flows. Discover how India is diversifying its energy sources.
Indian Oil Corp makes landmark Colombian crude purchase as Russia sanctions reshape global oil flows. Discover how India is diversifying its energy sources.
India's Russian oil imports crash to a 3-year low of 1.1M bpd in Dec 2025 as US sanctions bite. Reliance pauses buys, state refiners tread cautiously. What's next for India's energy security? Read more.
2025 saw a major shift as oil demand surged, defying peak predictions. India emerged as the top growth engine, reshaping global energy dynamics. Read the full analysis.
Pakistan confirms high-level talks with Russia for an oil sector deal and a new steel plant. This move aims to cut import costs and deepen bilateral ties. Read the latest details.
EU's 19th sanctions package targets traders aiding Russian oil exports to India & China via a shadow fleet. New measures aim to block access to Western shipping & insurance. Read the full analysis.
President Putin assures India of uninterrupted oil, gas & nuclear supplies, strengthening the strategic energy partnership. 96% of bilateral trade now uses local currencies.
In New Delhi, Putin defends India's Russian oil buys, citing US nuclear fuel imports from Russia. A geopolitical shockwave hits Washington. Read the full analysis.
Russian President Vladimir Putin, during his India visit, defended energy cooperation with New Delhi, highlighting US purchases of Russian nuclear fuel. He accused 'certain actors' of trying to curb India's global role.
Russian President Vladimir Putin arrives in New Delhi for a pivotal two-day summit with PM Modi. The talks focus on sustaining Russian oil exports, defense ties, and navigating US pressure. Explore the high-stakes diplomacy.
Ahead of Putin's visit, Russia assures India that sanctions will not disrupt oil imports. Kremlin aims for $100 billion trade by 2030. Read more on the strategic partnership.
Ahead of Putin's visit, Russia pushes for a new payment system to protect bilateral trade from Western pressure. Talks to address trade deficit, boost energy & defence ties.
Former Ambassador Ajai Malhotra confirms India's $18 billion investment in Russian oil & gas, asserting national interest over external sanctions. Read why India's strategic energy partnership continues to grow.
Hungarian PM Viktor Orban meets Vladimir Putin in Moscow, securing continued Russian oil and gas supplies despite EU opposition. Read about the geopolitical implications.
India's Russian oil imports surge to five-month peak in November as President Putin prepares December visit. Get latest updates on energy diplomacy and trade relations.
New US sanctions on Russian oil firms leave 48 million barrels stranded at sea, forcing Asian buyers like India to seek urgent alternatives. Discover the market impact.
Reliance Industries stops importing Russian crude for its export-focused refinery to comply with EU ban on Russian-origin petroleum products. RIL accounts for half of India's Russian oil imports.
Russian oil discounts surge to $5-6 per barrel as buyers avoid sanctioned firms Rosneft & Lukoil. Indian refiners shift to unsanctioned suppliers amid expected supply disruptions.
India purchased $2.9 billion worth of Russian crude oil in October, maintaining its position as second-largest buyer globally. Read how sanctions are impacting imports.
US tells Serbia it won't lift sanctions on NIS oil company unless Belgrade ensures complete Russian withdrawal. Serbia faces energy crisis with February 13 deadline looming.
Former US President Donald Trump makes significant claims about India-Russia energy ties during New Hampshire rally, announces potential India visit next year amid ongoing presidential campaign.
India's top refiners plan dramatic reduction in Russian crude imports, exploring alternative suppliers amid changing global energy dynamics. Major shift expected from late November.
India dramatically reduces direct Russian crude purchases as US sanctions tighten payment mechanisms. Major refiners shift strategy while maintaining supplies through traders.
US sanctions on Russian oil tankers cause massive drop in shipments to India and China. Discover the global energy dilemma and whether markets can permanently ditch Russian crude.
India's Russian oil imports dropped by 16% in December 2023 as US sanctions disrupted payment mechanisms, forcing refiners to seek alternatives from Middle East suppliers.
Turkey dramatically increases non-Russian oil imports as latest Western sanctions bite, reshaping global energy flows and Ankara's trade relationships.
Indian Oil Corporation confirms uninterrupted Russian oil purchases from non-sanctioned entities despite Trump's pressure, prioritizing national energy security and economic interests.
Chevron finds itself trapped in geopolitical crossfire as US-Venezuela tensions escalate. Discover how sanctions are reshaping global energy markets and putting American oil giants in a precarious position.
India's largest oil company continues Russian crude purchases through non-sanctioned traders, navigating Western pressure while securing energy needs.
Former US President Donald Trump notably avoided discussing China's Russian oil imports during his meeting with Xi Jinping while continuing to assert India would slash energy imports. Get exclusive insights into the geopolitical implications.
India asserts its right to buy Russian oil based on economic needs and market dynamics, responding to recent US sanctions on Russian energy companies. The MEA emphasizes India's national interest comes first.