India will continue purchasing oil from sources offering the “best deal” despite mounting US tariffs on Indian goods, New Delhi’s envoy to Moscow said. Speaking to Russian state news agency TASS, India’s Ambassador to Russia, Vinay Kumar, targeted Washington’s decision to double tariffs on Indian imports in response to New Delhi’s continued energy trade with…
Russian oil giant Rosneft has hit out at the European Union for imposing sanctions on its Indian affiliate Nayara Energy, calling the move “unjustified and illegal” and warning that it could directly threaten India’s energy security. In a statement issued Sunday, Rosneft said the EU’s action amounted to extraterritorial and politically motivated restrictions that infringe…
NEW DELHI: Nayara Energy’s refinery in Gujarat’s Vadinar became the first in India to come under western sanctions as European Union Friday announced fresh curbs on Russian oil exports with the aim of throttling funding for Moscow’s war machine. “For the first time, we’re designating a flag registry and the biggest Rosneft refinery in India,”…
NEW DELHI: Nayara Energy’s refinery at Vadinar in Gujarat became the first in India to come under Western sanctions as the European Union on Friday announced fresh curbs on Russian oil exports with the aim of throttling funding for Moscow’s war machine.“For the first time, we’re designating a flag registry and the biggest Rosneft refinery…
Penalty tariffs by the US would mean that Russia’s crude oil imports would no longer be a lucrative option for India. US President Donald Trump’s fresh threat of 100% secondary tariffs on countries trading with Russia poses an important question – will India’s crude oil supply be hit? At present, India and China are the…
भारत अब अपनी ऊर्जा सुरक्षा (Energy Security) को लेकर और ज़्यादा गंभीर होता दिख रहा है. अब तक कच्चे तेल की सप्लाई के लिए भारत विदेशी टैंकरों पर निर्भर था, लेकिन अब इस कहानी को बदलने की तैयारी हो चुकी है. सरकार का इरादा है कि भारत के पास अपनी खुद की ऑयल टैंकर फ्लीट…