India is a net importer of crude oil, importing 88 percent of its requirement in FY 2025. For a high import-dependent and price-sensitive market like India, where demand is increasing every year, ...

India is pivoting away from Russian oil following U.S. tariff hikes. Indian refiners are moving quickly to secure cargoes from Nigeria, Angola, Abu Dhabi, and the U.S., The shift could deepen ties ...

Oil prices recovered in early Asian trade on Thursday after Trump escalated trade tensions by announcing steep tariffs on Indian imports. A surprise 3 million barrel draw in U.S. crude inventories ...

President Donald Trump will raise the tariff rate against India over the country’s purchases of Russian oil, following up on a previous threat he made in July as India has indicated it will continue ...