The United States has ruled out any further exemptions from sanctions on purchases of Russian or Iranian oil, indicating...
The decision comes as global energy markets face pressure from the ongoing conflict involving Iran and regional powers,...
Foreign Minister Abbas Araghchi accused the White House of hypocrisy, saying Washington made a U-turn after earlier...
Reliance has also secured a licence from the United States to refine crude from Venezuela, after Washington permitted...
India had been reducing purchases of Russian oil since last year amid pressure from Washington, replacing them with...
US Treasury Secretary Scott Bessent hinted at temporarily lifting some restrictions on Russian oil to steady global...
Under the licence issued by the Department of Treasury, transactions necessary for the sale, delivery, or offloading of...
The development follows India’s decision last month to halt purchases of Russian crude as part of an India-US trade...
This position reflects India’s long-standing stand on importing Russian oil, despite US concerns that revenue from oil...
The proposed Sanctioning Russia Act, drafted by Republican Senator Lindsey Graham with Democratic Senator Richard...
Lindsey Graham says India’s Ambassador to the United States urged him to convince President Trump to lift the 25 per...
US President suggests rapid tariff hikes on India, citing displeasure over New Delhi’s trade policies and continued...
Now the discount per barrel reached 8 USD
Before these sanctions, the discount for Urals was around $3 a barrel. Now, the price of Urals for Indian buyers has...
