India, Trump and Russian oil
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Russian barrels accounted for 38% of India’s estimated 5.2 million bpd imports in early August, according to analytics firm Kpler. The increase came at the cost of lower imports from Iraq and Saudi Arabia,
India’s state-owned oil refiners are pulling back from purchases of Russian crude for now, according to people with direct knowledge of the companies’ procurement plans, as Washington ratchets up the pressure on New Delhi over the flows with a wave of harsh tariffs.
India's state-run Bharat Petroleum Corp has awarded a five-month tender for 10 million barrels of U.S. oil to European trader Glencore, two people with knowledge of the matter said, aiding India's efforts to deepen energy ties with Washington.
President Trump accused India of aiding Moscow’s war on Ukraine by purchasing Russian energy, derailing trade talks between India and the United States.
By the end of this calendar year, IOC will have the capacity to produce 35,000 tonnes per year of SAF from used cooking oil, which will be sourced from large hotel chains, restaurants, and sweets and snacks majors like Haldiram’s,
Reliance Industries , India's biggest buyer of Russian oil, has in recent weeks made rare fuel oil purchases from state-run Hindustan Petroleum Corp, seven industry sources said.
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RBC Ukraine on MSNTrump ally tells Europe to accept or stay silent over Indian oil products purchase
US Treasury Secretary Scott Bessent criticized European countries for purchasing Indian oil products made from Russian raw materials. He also urged EU governments to "do their part" to increase pressure on that country,
India’s purchase of Russian oil has supported US policy objectives by helping stabilise global energy prices, former US Assistant Secretary of Energy Geoffrey Pyatt told CNBC-TV18. Pyatt said New Delhi’s actions aligned with the G7 price cap framework,