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Wednesday, November 26, 2025
TopicCrude oil

Topic: crude oil

Saudi oil power is waning. What this means for its ties to the US

There’s little doubt that Saudi Arabia contributed to its own problems, driven by leadership hubris and poor advice. The Line is a case in point.

Why a ship carrying Russian oil shifted its cargo off Mumbai’s coast

The cargo was transferred from one blacklisted tanker to another sanctioned ship, meaning there’s been no attempt to hide its origin, and the crude is heading for Kochi

Trump again claims Modi vowed to stop Russian oil buys, warns India of ‘massive’ tariffs

Russian oil has been a major irritant for Trump—half of his 50% tariffs on Indian goods are retaliation for those imports, which the US claims help fund Russia’s war in Ukraine.

After Trump’s Russian oil claim, India says energy imports ‘guided by national interest’

Trump claimed PM Modi 'assured' him India would stop buying Russian oil. MEA statement notes India's 'priority to safeguard interests of Indian consumer in a volatile energy scenario'.

ONGC plans trading unit for crude and fuel to leverage 100 million tonnes group oil portfolio

The trading unit will help ONGC look at sales and purchase of crude oil and refined fuels.

If India stopped buying Russian oil, China would gain and global prices would go up

The West should thank India for buying Russian oil and stabilising the global market.

More rhetoric than reality? What are ‘massive’ Pakistani oil reserves Trump has promised to develop

Remains to be seen whether US promise is more rhetoric than reality, Pakistani economist Javed Hassan tells ThePrint. He says Trump’s posts suggest desperation to get India deal. 

Jharkhand cops went looking for ‘crude oil thief’ in UP’s Mainpuri. He was sitting in Mathura jail

Mainpuri: A police team from Jharkhand landed up in Nagla Puwayan village in Uttar Pradesh’s Mainpuri district Tuesday. Their mission: to nab alleged ‘crude...

Russian crude refined in third country is no longer a ‘product of Russia’, says US Treasury official

At an event in New Delhi, US treasury official Anna Morris says Washington has not asked India to reduce its purchase of Russian crude. India was top buyer of Russian oil in 2023.

India expands crude imports from US as sanctions against Russia tightens

India was the top buyer of Russian oil last year after other groups retreated from purchases following Western sanctions on Moscow for its invasion on Ukraine in February 2022.

On Camera

Rajnath Singh is discovering India-Pakistan civilisational ties

Even as India, Pakistan have seemed on the edge of war, their intelligence services have often sought to find space to de-escalate tensions and reduce risks for the two countries.

Chhattisgarh pitches state as hub for ‘specialty steel’, nets investment plans of Rs 6,321 crore

Speaking at 2nd Investor Connect, CM Vishnu Deo Sai says 'we have been able to attract a lot of investors.' The focus of the event was the steel sector. 

India eyes more S-400s with upcoming Putin visit, Su-57 likely to stay off radar

Not only did S-400 record its longest hit during India-Pakistan 88-hour conflict, ability of the system to shoot and scoot in a short time, which allows it to evade enemy fire, was also proved.

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.