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
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.
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'.
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.
Speaking at 16th foundation day of India Foundation, Minister for Petroleum and Natural Gas also points out that India’s refinery capacity is set to grow considerably in the near future.
White House says sanctions on Beijing, the world’s top importer of Iranian oil, remain in place, but enforcement may be relaxed. Oil prices drop nearly 6% following the US president’s remarks.
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...
In the first eight months of the current fiscal year, New Delhi’s net tax intake didn’t even hit the halfway mark of what it expects to collect by March 31.
As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.
Speaking at annual press conference, Army chief reiterated that India does not recognise 1963 Sino-Pakistan border pact under which Pakistan illegally ceded Shaksgam Valley to China.
UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.
COMMENTS