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Russian Crude
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The United States has temporarily allowed India to resume purchases of Russian oil for a period of 30 days as global energy markets face increasing pressure due to the ongoing conflict in the Middle East.07 Mar 2026-20:56
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Oil prices surged from a five-month low after U.S. President Donald Trump stated that Indian Prime Minister Narendra Modi had pledged to halt purchases of Russian crude.
16 Oct 2025-10:56 -
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India has urged Washington to approve purchases of Iranian oil as it looks to reduce its dependence on discounted Russian crude.25 Sep 2025-16:22
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Oil prices rebounded on Wednesday following a sharp decline the previous day, as concerns over potential supply disruptions resurfaced after U.S. President Donald Trump threatened to impose tariffs on countries purchasing Russian crude oil—specifically targeting India.06 Aug 2025-11:25
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