petroleum

In the 18th package of the sanctions announced today, the EU targets Russian oil exports, including refining of Russian oil in other countries. This includes “the biggest Rosneft refinery in India,” and the Indian flag registry.

The reason behind such sustainable supply of crude oil amid tensions is the consistent expansion of its Strategic Petroleum Reserves (SPR). The programme to stockpile crude oil predates Prime Minister Narendra Modi. However, since he took office, India’s SPRs have increased exponentially.

In a major boost to the 'Make in India' initiative, India is likely to invest $10 billion ($850 million) by 2040 to purchase around 112 crude oil tankers to be made in India

Hardeep Singh Puri told CNN, "We have 1.34 billion population and we have to ensure that they are supplied with energy."

Saudi Arabia Energy Minister lambasted a Reuters journalist and refused to answer his questions for misleading reports on oil price

India is now the second largest buyer of Russian oil after China. India chose to buy Russian oil in defiance of pressure from West.

Following the complaint, Shyam Rangeela posted another video on Twitter where he explains the entire fiasco

Maharashtra Congress chief Nana Patole says Amitabh Bachchan and Akshay Kumar will not be allowed to work in Maharashtra if they do not speak against the fuel prices.

On Friday, US President Joe Biden will make his first call with Justin Trudeau on Friday and discuss the issue of keystone pipeline.

"That’s maybe the biggest statement in terms of business. What he is saying is he is going to destroy the oil industry," Trump said.