NEW DELHI: India imported crude worth $2.7 billion from Russia in Dec 2025, the lowest monthly import from the country since Feb last year, reflecting the impact of the US imposing sanctions on Russian oil majors Rosneft and Lukoil — two major contributors to oil exports to India.The US had announced sanctions on the two…
Recent geopolitical tensions and Trump tariffs on India highlight the need for India to step up focus on its energy security. (AI image) Oil is called black gold – and for a reason – it’s the fuel that drives economic growth and oil security is increasingly becoming crucial in a world fraught with geopolitical uncertainties…
India can save $1 bn in crude imports by replacing 10% diesel with LNG Business Standard Source link
Venezuela is producing approximately 900,000 barrels per day (kbd) of crude oil and condensate, which makes up about 1% of the global oil supply. (AI image) US President Donald Trump’s latest escalation in tensions and blockade of Venezuela oil tankers may have little impact on the global crude oil market, believes global real-time data and…
Deliveries of Russian oil to India are projected to decrease to around 600,000 barrels per day next month. (AI image) Donald Trump’s sanctions on Russian crude majors may have the effect of India’s oil imports from Russia dropping to a four year low in January 2026. The Trump administration has been piling pressure on India…
Russia has maintained its position as India’s primary supplier in November, providing over one-third of all crude oil imports. (AI image) Donald Trump’s sanctions on Rosneft and Lukoil – two of Russia’s major crude firms – may result in India’s imports of oil from Moscow dropping – but will this shift be permanent? Analysts expect…
Reliance Industries on Thursday announced that it stopped importing Russian oil for processing at its export-only refinery from November 20. The company, according to PTI, said that from December 1, all exports from its only-for-exports facility will be produced exclusively from non-Russian oil.This is a developing story. Source link
Data from Kpler shows Reliance’s imports dropped to 534,000 barrels per day (bpd) in October. (AI image) Mukesh Ambani-led Reliance Industries (RIL) has cut back on its crude oil imports from the Russia and in the coming months is expected to stop buying from entities sanctioned by the Donald Trump administration. RIL is the largest…