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New Delhi8 minutes ago copy link The Strait of Hormuz route has been closed amid the ongoing war between Iran and Israel. In such a situation, after the supply of crude oil stops, India will buy about 30 million barrels of crude oil from Russia. This claim has been made in the Bloomberg report. The…
New Delhi1 hour ago copy link Yesterday’s big news was related to petrol and diesel. Due to the ongoing tension in the Middle East, the worry of rising prices of petrol and diesel in the country has ended. Because, after the closure of the Hormuz route, the government has started importing 10% of the total…
The United States has “reached out to India” to purchase Russian oil currently sitting in floating storage in southern Asia as part of a short-term effort to ease pressure on global oil markets, US Energy Secretary Chris Wright said in an interview with ABC News. The temporary measure, he said, is designed to quickly move…
Russian President Vladimir Putin on Thursday criticised the United States for pressuring India and China to sever energy ties with Moscow, warning that such tactics could have unintended economic consequences. Speaking at a forum of Russian experts, Putin stated that imposing higher tariffs on Moscow’s trade partners would only push up global prices and force…
New Delhi10 minutes ago Copy link Russia said that we are confident that India-Russia energy cooperation will continue despite external pressure. Russia has denied the American pressure being created on India due to buying Russian oil. Senior Russian Diplomate Roman Babushkin said- India understands that there is no alternative to change oil supply, as Russian…