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India’s Russian oil conundrum: yield to Donald Trump or face tariff backlash
India buys about 90 per cent of its crude oil from overseas and has been the biggest market for Russian seaborne crude since 2023, according to ship tracking data compiled by Kpler. India imports about 5mn barrels of oil a day, of which 2mn come from Russia.
In July, Russia collected 787.3 billion rubles, or $9.8 billion, from oil and gas revenue — 27% lower than a year ago.
Oil slipped about 1% on Tuesday as rising OPEC+ supply and worries of weaker global demand countered concern about U.S.
U.S. Treasury Secretary Scott Bessent acknowledges China's position on oil purchases but suggests an overall trade deal ...
A market source told the Russian state outlet Kommersant that Ukrainian attacks on oil facilities on Aug. 2 contributed to ...
Primary oil processing at Russia's Novokuibyshevsk refinery, which is operated by the Rosneft oil company, has been halted ...
Beijing and New Delhi continue to defy U.S. sanctions on Russian crude, much of which is funneled through a growing fleet of ...
Since the beginning of the war, trade between the EU and Russia has drastically contracted due to EU sanctions and import restrictions on some products. Imports from Russia fell b ...
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