NEW DELHI, (Reuters) – Indian oil refiners have stopped dealing with Russian companies and tankers that have been sanctioned by the United States. However, the Indian government does not expect ...
For most of U.S. history, tariffs were a solution to specific economic problems. Washington used them to raise money and to protect U.S. industries from foreign competitors. And after World War II, ...
The Kremlin also claimed that about 90 percent of India-Russia trade already took place using local or alternate currencies. Both India and China are the founding members of BRICS. The group includes ...
as U.S. sanctions are expected to hit supplies from Russia, trade sources said on Friday. Indian refiners are increasing Middle Eastern crude purchases from the spot markets after Washington last ...
SINGAPORE/NEW DELHI (Reuters) -Indian Oil Corp (IOC), the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil via tenders, including a rare purchase of Abu ...
The sweeping US sanctions targeting Russia’s oil trade announced on January 10, with as many as 183 tankers being placed under sanctions, could hit India’s imports of cheaper Russian oil. Unlike the ...
The outgoing administration in the United States announced sweeping new curbs on Russia’s oil trade last week, imposing sanctions on 183 tankers, the bulk of the so-called “shadow fleet” that has kept ...
New Delhi and Jakarta have been negotiating the supply of the cruise missile jointly developed by India and Russia for more than seven years New Delhi: India, Russia and Indonesia have agreed on ...
Russian Foreign Minister Sergey Lavrov has called for India’s inclusion in the ‘Afghan Quad’. The grouping, formally called the ‘Quadripartite Group on Afghanistan’, comprises Russia, China, Pakistan, ...
India gets about a third of its oil imports from Russia. India’s state refiners are rushing to speed up payments for Russian crude, hoping to complete their trades before a dramatic expansion of ...
India's state refiners are hastening payments for Russian crude, aiming to complete trades before impending US sanctions take effect. They now settle payments in two days instead of five. Indian banks ...