India has relented to President Donald Trump’s demands to cease buying Russian oil, Trump said during a press conference Wednesday. Trump told reporters in the Oval office that Indian Prime Minister ...

Indian refiners are at high risk due to U.S. penalty threats and the EU’s new sanctions on exports made from Russian crude. The U.S. has threatened to impose an unspecified penalty in addition to 25 ...

Russia's President Vladimir Putin (R) speaks with India's Prime Minister Narendra Modi (L) during a visit to the shipyard Zvezda, as Rosneft Russian oil giant chief Igor Sechin (C) accompanies them, ...

India’s energy journey is at a critical crossroads. Evolving US-Venezuela relations underscore the risks of overdependence on a single energy source. India's ongoing oil-focused statecraft, ...

Following Russia's invasion of Ukraine in 2022, India emerged as a major buyer of Russian oil that was widely and rapidly sanctioned by the West. However, all that may be about to change, courtesy of ...

The government subtly rebuffed the president’s comments that it would stop buying Russian oil, as it tries to avoid a public fight and end a trade dispute with Washington. By Mujib Mashal and Pragati ...

Brazilian state-controlled Petrobras is considering opportunities in deepwater and ultra-deepwater blocks in India, said chief executive Magda Chambriard, as the South Asian nation’s Minister of ...

Indian Prime Minister Narendra Modi has been performing a tricky balancing act – maintaining close partnerships with US President Donald Trump and Russia’s leader Vladimir Putin while insisting his ...

India increased its crude oil imports from the United States in April, making the US its fourth-largest supplier, as the country aims to improve trade negotiations. Russia remains India's top crude ...

Motilal Oswal sees U.S. tariff pressure as an opportunity for India to boost domestic production and reduce its trade reliance. India imports 87% of its oil but holds an estimated 22 billion barrels ...