7 d. ago India’s State Refiners Pause Russia Oil Buys as US Adds Pressure

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.

Other

7 d. ago Trump’s Punitive India Tariff Spoils Modi’s Russian Oil Math

A US decision to double tariffs on Indian goods as punishment for ongoing purchases of Russian crude leaves the world’s third-largest oil consumer in a tight spot and its refiners in disarray, but the move is unlikely to prompt a radical rethink in New Delhi.

Economics

7 d. ago Oil Ticks Higher as Traders Focus on US Moves Over Russian Crude

Oil inched higher after a five-day drop — the longest losing run since May — as investors tracked US efforts to punish buyers of Russian crude, and a diplomatic push by President Donald Trump to end the Ukraine war.

Economics

9 d. ago Trump pressures China and India to stop buying cheap Russian oil

U.S. President Donald Trump is pushing China and India to stop buying oil from Russia and helping fund the Kremlin’s war against Ukraine. Trump is raising the issue as he seeks to press Russian President Vladimir Putin to agree to a ceasefire. But cheap Russian oil benefits refiners in those countries as well as meeting […]

Other

9 d. ago Oil Holds Drop as Trump Threatens India for Taking Russian Crude

Oil steadied after a three-day drop as investors weighed risks to Russian supplies, with US President Donald Trump stepping up his threat to penalize India for buying Moscow’s crude.

Other

9 d. ago Oil Steadies as Trump Threatens India for Taking Russian Crude

Oil steadied, after a three-day drop, as investors weighed the impact of risks to Russian supplies, with US President Donald Trump stepping up his threat to penalize India for buying Moscow’s crude.

Events

1 week ago Tankers Deliver Russian Crude to India Despite US, EU Pressure

At least four tankers discharged millions of barrels of Russian crude at Indian refineries at the weekend, a sign the closely scrutinized deliveries are continuing as normal, even as the US ramps up pressure on the South Asian country to stop purchases.

Other

3 w. ago Oil Climbs as EU Tightens Russian Sanctions With Lower Price Cap

Oil rose as the European Union agreed to a lower price cap for Russian crude, and data showed the US economy holding up despite the fallout from the Washington-led trade war.

Economics