India

Indian refiners consider cutting Russian oil imports following new U.S. sanctions law

Indian refiners, who are currently planning deliveries for November, may cut back oil purchases from Russia after a sweeping U.S. sanctions bill was signed into law, raising the threat of new punitive tariffs, Bloomberg reported on September 22.

22 September, 11:47 AM

India helps fuel-starved Russia — and brings back the gasoline export tax

India has raised export duties on diesel and reinstated a levy on gasoline exports while cutting the duty on jet fuel, Business Standard reported.

4 September, 03:38 PM

Russia expects more pricey Indian gasoline to ease shortages

At least two more shipments of gasoline from India are expected to arrive at Russian ports over the next two weeks as Moscow hopes to ease a domestic fuel shortage, Reuters reported on Aug. 17, citing industry sources.

17 August, 08:33 PM

Indian gasoline fails to ease Russia's fuel shortage

Gasoline imported by Russia from India to help cover a fuel shortage caused by Ukrainian strikes on refineries has not reached either retail gas station networks or the wholesale market, The Moscow Times reported on Aug. 16.

17 August, 01:13 PM

U.S. becomes India's top LNG supplier as imports surge

India increased its imports of liquefied natural gas (LNG) by 28% in June 2026 compared with June 2025, to 2.659 million tons — the highest volume since October 2024, Russia’s news agency Interfax reported on Aug. 14.

17 August, 11:01 AM

India's Russian diamond imports fall 62% in first half of 2026

India's direct imports of diamonds from Russia fell 62% in the first half of 2026 compared with the same period in 2025, Russia’s Interfax news agency reported on Aug. 14.

14 August, 07:59 PM

India's Russian oil imports hit record high in July

India's dependence on Russian oil rose to a record level in July, with supplies from Russia accounting for 50.83% of imports by the world's third-largest oil buyer and consumer, or 2.47 million barrels per day, Reuters reported on Aug. 14.

14 August, 11:12 AM

Russia imports gasoline from India amid refinery strikes

Russia has begun importing gasoline from countries as far away as India, as Ukrainian strikes on its oil refineries cause severe local fuel shortages, according to a Bloomberg report on Aug. 12, citing data from the shipping analytics firm Kpler.

12 August, 12:05 PM

Black Sea attacks disrupt sunflower oil flows, pushing India toward new suppliers

India, the world’s largest buyer of sunflower oil, is rushing to secure new suppliers and substitute vegetable oils as attacks in the Black Sea region disrupt imports and weak monsoon rains hurt its domestic crop, Bloomberg reported.

30 July, 03:18 PM

Russian oil discounts for India drop sharply as supply worries grow

Discounts on Russian Urals crude oil delivered to India dropped to between $1 and $2 a barrel against the dated Brent benchmark this week due to supply concerns, Reuters reported on July 29, citing three trade sources.

30 July, 10:11 AM

India summons Ukraine’s ambassador over attack on ship with Indian nationals

India summoned Ukraine’s ambassador and expressed concern over a July 18 attack on a vessel in which one Indian sailor was killed, according to The Indian Express.

27 July, 07:01 PM

Russia to receive first shipment of Indian gasoline July 26

As Ukrainian strikes continue reducing Russia’s refining capacity, the first shipment of gasoline from India is expected to arrive on July 26, the Financial Times reported on July 23.

23 July, 10:51 PM

India imports record 2.64 million barrels per day of Russian oil

Russia increased oil supplies to India to a record 2.64 million barrels per day in June, up nearly 37.4% from May and accounting for half of India’s total imports of 5.24 million barrels per day, Reuters reported on July 21.

22 July, 03:40 PM

India confirms four citizens killed in Russian attack on ship near Odesa

India’s Foreign Ministry said that four Indian citizens were killed and another was injured when Russian forces struck the Guinea-Bissau‑flagged commercial vessel Golden Leo near Odesa on July 19, Reuters reported on July 20.

21 July, 02:18 AM

Russia seeking extra gasoline from one of its top oil buyers amid fuel crisis

Russia's largest energy companies have approached Indian oil refineries for additional gasoline supplies after Ukrainian strikes disabled a significant share of Russia's refining capacity, Reuters reported on July 15, citing sources.

16 July, 11:50 AM

Russia turns to India for gasoline imports amid fuel crisis

Russia has begun importing gasoline by sea from India to ease fuel shortages caused by Ukrainian strikes on its energy infrastructure, Reuters reported, citing industry and trade sources on July 1.

1 July, 06:48 PM

India opens anti-dumping probe into Russian, Chinese and Japanese steel imports

India’s trade remedies authority has opened an anti-dumping investigation into hot-rolled steel from Russia, China and Japan, Reuters reported.

30 June, 01:11 PM

India summons U.S. diplomat after tanker strike kills sailors

U.S. forces struck the Palau-flagged tanker Settebello in the Gulf of Oman after accusing it of attempting to transport Iranian oil in violation of a maritime blockade, killing three Indian sailors and prompting New Delhi to lodge a formal protest, according to media reports on June 11.

11 June, 08:27 PM

India strips 235 vessels from registry in blow to sanctions-busting oil fleet

India’s ship classification society is tightening scrutiny of vessels that may be used to evade international sanctions, Reuters reported on June 9, citing IRClass Executive Chairman Arun Sharma.

10 June, 01:47 PM

India boosts Venezuelan crude imports as Middle East supply squeeze deepens

Indian refineries shifted to imports from Venezuela, as well as Brazil, Angola and Nigeria, after Middle Eastern supplies were disrupted by shipping restrictions in the Strait of Hormuz amid the war involving Israel and the United States against Iran, Reuters reported on May 25.

25 May, 03:47 PM

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