The US has not asked India to reduce its purchase of Russian oil, says American treasury official
The United States has not asked India to cut Russian oil imports, an American treasury official said on Thursday.
The United States has not asked India to cut Russian oil imports, an American treasury official said on Thursday.
While India's purchase of crude oil comes is far from hurting any economy and instead has stabilised the global economy in a volatile geopolitical environment, the United State's historical funding…
The US has responded calling the act as unlawful. Pentagon said that Iranian forces unlawfully boarded the St Nikolas and forced it to change course towards the Iranian territorial waters
Union Minister Hardeep Singh Puri added that production is expected to be 45,000 barrels per day of oil and over 10 million standard cubic metres per day of gas.
ONGC is expected to start crude oil production from its deep-water project in Krishna Godavari Basin.
Indiam refiners saved over USD 7 billion in foreign exchange by increasing crude oil imports from Russia
Some oil imports from Russia to India are being paid in Chinese Yuan, reports
Pakistan is facing unprecedented economic crisis with people running riots over shortage of basic necessities like flour.
The decree says that the supply of Russian oil and oil products to foreign legal entities and individuals persons is prohibited if they support the price cap
Puri said Bengal, Telangana, Kerala, Tamil Nadu, Andhra Pradesh and Jharkhand are yet to reduce VAT on petroleum products.