India Oil Imports From Russia: India doesn’t need permission to buy Russian oil, say officials

[ad_1] NEW DELHI: India never stopped sourcing crude from Russia, government sources said on Saturday, despite US President Donald Trump’s linking the withdrawal of a 25% penalty tariff in the proposed trade deal framework to New Delhi’s purported pledge to halt such purchases. Sources said India has never depended on permission from any country to […]

India pushes back against Trump pressure: Russia crude imports rise to $3.4 bn, close to China’s $3.64 bn; EU buys fossil fuels too

[ad_1] In terms of Russian fossil fuel procurement, India’s aggregate imports amounted to €3.6 billion. (AI image) At a time when the Donald Trump administration is demanding that India stop purchase of Russian crude, India’s oil imports from Russia rose to €2.9 billion (approximately $3.4 billion as per today’s exchange rate) in August. The figure […]