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New Delhi: India is set to significantly reduce direct imports of Russian crude oil from late November as new US sanctions targeting Rosneft and Lukoil take effect on November 21. Analysts suggest that Indian refiners, which account for more than half of the country’s Russian crude used in petrol and diesel production, will largely comply…
Last Updated:October 23, 2025, 10:14 PM IST Vladimir Putin dismissed new US sanctions, warning of global oil price hikes and stressing Russia will not bow to pressure. Russian President Vladimir Putin Russian President Vladimir Putin dismissed the impact of new US sanctions targeting his country’s largest oil companies, calling them an attempt to pressure Moscow…
Last Updated:October 23, 2025, 7:48 PM IST Chinese state oil companies reportedly suspended purchases of Russian oil after the US imposed sanctions on Rosneft and Lukoil, Moscow’s two biggest oil companies. The US sanctioned two key Russian oil producers on Wednesday. (Representational image: AFP) Major Chinese state oil companies have suspended purchases of Russian oil…
Last Updated:October 23, 2025, 04:30 IST Donald Trump claimed Narendra Modi assured India will stop buying oil from Russia. US imposed sanctions on Rosneft and Lukoil amid efforts to end the Russia-Ukraine war. US President Donald Trump (US Network Pool via Reuters) US President Donald Trump on Wednesday again claimed Prime Minister Narendra Modi has…