Saudi Arabia suffers heavy losses from Iran-US war! Once again, India looks to Russia
The ongoing war in the Middle East is severely disrupting oil supply, forcing India to consider increasing crude oil imports from Russia amidst rising tensions.
Iran conflict will accelerate China’s push to become an ‘energy powerhouse’, analysts say
The ongoing conflict in the Middle East is expected to hasten China's efforts to secure its energy supply, despite no immediate threats to its oil imports.
Intense War Between Israel and Iran... Why Tensions Have Increased for India? Here Are the Reasons
The U.S. and Israel have launched significant attacks on Iran, escalating tensions that could have serious implications for India, particularly regarding crude oil imports.
Lukoil to Bulgarians: You must buy Russian oil
Lukoil's trading company Litasco announced that Bulgaria's measures against it violate the Energy Charter Treaty, following Bulgaria's suspension of Russian oil imports and handling of Lukoil's assets.
Russia and Iran oil suppliers intensify price competition for buyers in China
Experts from the Norwegian analytical firm 'Rystad Energy' suggest that India's imports from Russia may decrease significantly, as Russian oil shipments increasingly shift to China, intensifying competition with Iranian suppliers.
Russia heading towards oil war with its important ally
Russia and Iran are entering into a tightening price competition in China's oil market, driven by reduced Indian imports and an influx of redirected oil shipments.
Russian ‘dark fleet’ tanker believed to be delivering oil to Cuba, detected off US coast amid Trump ban
A Russian tanker suspected of delivering oil to Cuba has been detected off the U.S. coast, utilizing deceptive tactics amid U.S. sanctions on Cuban oil imports.
EU plans permanent ban on Russian oil after Hungarian election
The European Commission intends to propose a permanent ban on Russian oil imports shortly after Hungary's parliamentary elections to avoid influencing the electoral campaign.
Commission: Towards a permanent ban on the import of Russian oil – How it will avoid a blockage from Hungary – Slovakia
The European Commission plans to propose a permanent ban on Russian oil imports on April 15, three days after the Hungarian elections, aiming to avoid influencing the electoral process.
EU to submit proposal for a permanent ban on Russian oil in April, document shows
The European Commission plans to submit a proposal for a permanent ban on imports of Russian oil on April 15, as revealed by a document seen by Reuters.
Slovakia threatens to cut power supplies to Ukraine unless oil imports resume
Slovakia's Prime Minister warned that the country would cut power supplies to Ukraine if oil imports through the Druzhba pipeline are not restored.
Graph of the Day: Czechia and Poland Cut Off Russian Oil, Slovakia Increased Its Imports Last Year
Despite the geopolitical tensions arising from the Russian invasion of Ukraine, Slovakia and Hungary continue to import Russian oil, while Czechia and Poland have successfully cut off these imports.
Ukraine: Hungary and Slovakia threaten to cut electricity imports into the country
Hungary and Slovakia threaten to cut off electricity imports to Ukraine unless it resumes oil transit from Russia, amid escalating tensions between the nations.
Orbán threatens to halt electricity supplies to Ukraine, nearly half of Ukraine's imports
Hungary's Prime Minister Viktor Orbán has threatened to stop electricity supplies to Ukraine unless oil transit through the Druzhba pipeline is resumed.
Trump comments on India's oil purchases from Russia
President Donald Trump stated that following a Supreme Court decision related to his trade policies, all imports from countries will be subject to a 10% global tariff, and noted India's reduced oil purchases from Russia at his request.
Growers warn 'watered down' lavender oil widespread in surging imports
Australian lavender growers are concerned that imported lavender oil, often watered down, is affecting their market and urging consumers to be aware of product origins.
The private sector in Cuba starts to import fuel for personal use, despite the US oil siege
Cuban private companies have begun importing fuel directly amid US restrictions, though the process is complicated by local bureaucracy and continued sanctions.
In the midst of tension between India and the US, Saudi Arabia makes a move, replacing Russia in the 'game' of oil
India significantly reduced its oil imports from Russia following a trade agreement with the US, amidst ongoing tensions between the two nations.
'Trump is again looking for an excuse to increase tariffs on India...', claims US Congress member
US Congressman Brad Sherman accuses former President Donald Trump of attempting to impose heavy tariffs on India under the pretext of Russian oil imports, despite Hungary and China facing no such tariffs despite their higher dependency on Russian oil.
'Trump is again looking for a reason to increase tariffs on India...', claims US Congressman
US Congressman Brad Sherman has accused President Donald Trump of planning to impose economic burdens on India by using Russian oil imports as a pretext.
Three weeks without Russian oil. The dispute between Budapest and Zagreb has moved to social networks
The article discusses the ongoing dispute between Budapest and Zagreb regarding oil imports from Russia, which has recently escalated onto social media platforms.
India’s oil purchases ensure global energy stability – Russia
Russia asserts that India's oil purchases play a critical role in maintaining global energy stability amidst pressure from the US to halt imports from Russia.
Gas, diamonds, oil... Japan to invest 36 billion dollars in the United States
Japan is set to invest $36 billion in the United States as part of a trade agreement reducing tariffs on Japanese imports.
Tunisia helps to lower olive oil prices
Tunisia's olive oil production is on the rise, causing a reduction in prices, which is concerning for Italian producers facing increased imports.
China Raises Russian Crude Imports to Record Level
China's crude oil imports from Russia are set to reach a record high for the third consecutive month in February, driven by significant purchases from independent refineries at discounted prices.
Will India Stop Buying Oil from Russia Under American Pressure? Foreign Minister Jaishankar Responds
At the Munich Security Conference, Indian Foreign Minister S. Jaishankar emphasized India's commitment to strategic autonomy in decision-making, stating that India makes independent choices regarding oil imports.
Dangote imports 250,000MT of crude, blending components — Report
Dangote Petroleum Refinery has received a substantial delivery of 250,000 metric tonnes of crude oil and blending components at its terminal in Lagos.
China is playing this game regarding Russian oil after the India-America deal!
After a trade deal with the US, Indian refineries are increasing crude oil purchases from Venezuela, which may result in a decrease in Russian oil imports, causing potential crises for Russia's customer base.
Energy Crisis in Cuba: "We Will Not Collapse"
Cuba is facing a severe energy crisis due to U.S. sanctions affecting oil imports, now leading to fuel rationing for the first time in its history.
Cuba's oil imports drop to zero; Mexico was its main supplier
Mexico's decision to suspend oil shipments to Cuba has left the island with no imports for the first time in a decade, severely impacting its fuel supply amidst an ongoing U.S. embargo.
Russia exports record crude to China
Russia has increased its crude oil exports to China to a record 1.86 million barrels per day amid rising demand and decreasing imports from India.
Tunisian olive oil 'floods' the EU and leads to price collapse – The problem with controls
Tunisian olive oil imports have surged, causing a price collapse and straining relationships between Italian growers and the bottling industry.
India Confirms Diversification of Energy Supplies Despite Washington Agreement
India's Foreign Minister Vikram Misri emphasizes the country's commitment to diversifying energy sources, ensuring reliable and affordable energy supplies amidst a backdrop of recent trade agreements with the United States.
Indian Oil Companies Avoid Russian Oil After Agreement with Trump
Indian oil companies are avoiding contracts for Russian oil following a recent agreement with the U.S., which also involves tariff reductions for India.
Trump lifts extra 25% tariff on India after pledge to curb Russian oil imports
President Trump canceled an additional 25% tariff on Indian goods as India pledged to reduce Russian oil imports and enhance defense cooperation with the U.S.
Trump raises 25% tariffs on India in exchange for halting Russian oil imports
US President Donald Trump has lifted a 25% tariff on Indian goods following an agreement that India will stop importing Russian oil and increase purchases of American energy products.
Trump removes 25% tariff on India linked to Russian oil in exchange for trade deal
US President Donald Trump signed an executive order eliminating a 25% tariff on Indian imports of Russian oil in exchange for a trade deal that includes India's commitment to purchase US energy products.
Trump said he would remove the 25 percent tariff on Indian products related to Russian oil purchases
U.S. President Donald Trump announced the removal of a 25 percent punitive tariff on Indian imports that was imposed due to India's continued purchase of Russian oil, as part of a newly unveiled trade agreement between the U.S. and India.
India’s oil imports from Russia dipped in December – media
India's oil imports from Russia reached a 38-month low in December, amidst media reports following a claimed US trade deal requiring New Delhi to stop buying Russian oil.
Strike Against Russia: India Started Buying Oil from Venezuela
In response to the Ukraine war and subsequent U.S. sanctions on Russian oil imports, Reliance Industries has shifted its focus to purchasing oil from Venezuela after previously being the largest importer of Russian oil in India.
Can India stop buying Russian oil? Learn why this decision is not so easy
India's long-standing reliance on oil from West Asian countries has shifted towards Russia as a major supplier post-2022, raising questions about the feasibility of halting Russian oil imports amidst US sanctions and geopolitical tensions.
Is Venezuela Pressure Replacing Russian Oil from India?
The article discusses how the U.S. is attempting to push Russia out of the oil market by getting India to replace Russian oil imports with American and potentially Venezuelan supplies.
Will India stop buying Russian oil? Russia responds to Trump's claims of a reduction from 1% to 40% imports
In light of the recent India-US trade deal finalized by President Donald Trump, Russia comments on claims that India will significantly reduce its imports of Russian oil as part of the agreement.
Putin Touts Energy Ties With China After Trump Says India May Halt Russian Oil Imports
Russian President Vladimir Putin emphasized the strong energy relationship with China following U.S. President Donald Trump's statement that India might cease importing Russian oil.
WSJ: Why India finds it difficult to reduce its dependence on Russian oil
The article discusses India's challenges in halting purchases of Russian oil, despite President Trump's statement about ending such imports, highlighting the complexities involved in altering global crude oil trading.
Hope for Ukraine – with reduced Indian oil imports from Russia
Following accusations from President Trump regarding India's oil imports funding Russia's war in Ukraine, tariffs have been reduced from 50% to 18% after discussions with Prime Minister Modi.
US refineries struggle to absorb sudden rise in Venezuelan oil imports
US Gulf Coast oil refineries are having trouble managing a rapid increase in Venezuelan oil shipments following a $2 billion supply deal between Caracas and Washington, leading to excess supply pressure on prices and unsold volumes.
“Wonderful” phone call – How India outsmarted dealmaker Trump
Donald Trump announced that India will forego oil imports from Russia as part of a new trade agreement with the US, but India remains silent, employing a sophisticated strategy to navigate relations with both Moscow and Washington.
Trump's World (Day 379): Putin is having a bad day as the largest democratic countries collaborate
The article discusses recent diplomatic moves, including a US-India agreement to lift tariffs in exchange for stopping Russian oil imports and advancements in negotiations between the US and Iran regarding its nuclear program, amid various domestic cultural events.
Trump's World (Day 379): When the largest democratic nations cooperate, Putin has a bad day
The USA and India have agreed to eliminate tariffs in exchange for an end to Russian oil imports, while Iran appears to be moving closer to a nuclear agreement with the US.