Tag: Oil Imports
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Reliance to halt sanctioned Russian crude imports to safeguard Western market access
Reliance moves to curb Russian crude imports Reliance Industries, India’s largest private sector energy company and the biggest buyer of Russian crude in the country, is taking steps to reduce purchases of Russian oil and is preparing to stop imports from sanctioned Russian entities. The move aligns with mounting pressure from Western sanctions aimed at…
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India Rejects Trump’s Claim on Modi and Russian Oil Purchases
India Rejects Trump’s Claim About Modi and Russian Oil The Indian government on Thursday rejected a public assertion by former U.S. President Donald Trump that Prime Minister Narendra Modi had promised to halt purchases of oil from Russia. The Ministry of External Affairs (MEA) at its weekly briefing made clear that there was no telephonic…
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India Rejects Trump Claim of Modi Promise to Halt Russian Oil Purchases
India Rebuffs Trump’s Claim on Modi and Russian Oil In a developments-filled week, India’s External Affairs Ministry (MEA) explicitly denied Donald Trump’s assertion that Prime Minister Narendra Modi promised to halt imports of Russian oil. The clarification underscores New Delhi’s stance that its energy policy is driven by core national interests and consumer protection, rather…
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India prioritizes consumer interests in oil imports amid diversification
India Reaffirms Consumer-Centric Approach to Oil and Gas Imports India’s government underscored its commitment to safeguarding the Indian consumer as it broadens and diversifies its oil and gas sourcing. In a statement issued on Thursday, October 16, 2025, a spokesperson for the Ministry of External Affairs (MEA), Randhir Jaiswal, emphasized that import policies are guided…
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Zelenskyj Urges Partners to Enforce Sanctions
Zelenskyj’s Call for Action Ukrainian President Volodymyr Zelenskyj has sent a strong message to global partners, urging them to cease finding excuses for delaying the imposition of sanctions against Russia. In a recent post on social media platform X, he emphasized the importance of united efforts in imposing sanctions, particularly targeting the import of Russian…
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Trump’s Call to Action: Ending Russian Oil Purchases to Resolve Ukraine Conflict
Introduction Former President Donald Trump has made headlines once again by urging NATO countries to stop purchasing oil from Russia, suggesting that such a move could significantly contribute to ending the ongoing Russia-Ukraine conflict. In a recent social media post, Trump outlined his views, emphasizing the economic impact of oil purchases on Russia’s ability to…
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India’s Oil Imports from Russia: A Rising Economic Strategy
Introduction In recent months, India has significantly ramped up its crude oil imports from Russia, amounting to an impressive ₹30,000 crores. This move has stirred controversy, especially in the context of geopolitical pressures and the ongoing conflict in Ukraine. As India navigates this complex landscape, it’s essential to understand the implications of increased oil trade…
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India and US Relations: Tariffs on Russian Oil Explained
Introduction to US Tariffs on Indian Russian Oil In recent news, the discourse around US tariffs on Indian imports of Russian oil has garnered substantial attention. The geopolitical landscape, influenced heavily by international trade policies, has positioned India in a challenging situation. Understanding the motivations and implications of these tariffs is crucial for comprehending the…
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India’s Oil Purchase from Russia: The Future Ahead
Introduction In light of recent geopolitical shifts, India has found itself at a crossroads regarding its oil purchases from Russia. As the Ukraine conflict continues to escalate, the implications of sourcing oil from Russia have drawn international scrutiny, particularly from the United States. Understanding the implications of these decisions is crucial for India as it…
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India’s Shift from Russian Oil: A Strategic Decision
Introduction In a significant geopolitical shift, India is considering halting its oil imports from Russia. This decision comes as Indian officials evaluate the economic implications amidst the ongoing Ukraine conflict. With the backdrop of international sanctions and political pressures, the decision to step away from Russian oil could redefine India’s energy landscape. Current Context of…