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Monday, November 3, 2025
TopicCrude oil

Topic: crude oil

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.

Fresh US sanctions on Russia threaten Moscow’s oil sales to India

The United States on 23 Feb imposed sanctions to mark the second anniversary of Russia’s invasion of Ukraine and retaliate for the death of opposition leader Alexei Navalny.

What US easing sanctions on Venezuela, home to world’s largest oil reserves, could mean for India

Move could pay dividends to Indian refiners, who have capacity to refine heavy crude from Venezuela. India consistently bought crude from Latin American country before sanctions.

On Camera

I finally got to say goodbye to Zubeen Garg. ‘Roi Roi Binale’ left me in tears

I wasn't home when others could pay their respects to the singer or catch a last glimpse. The movie was my way of accessing him one final time.

Consumer Price Index gets up to date. Airfare, OTT plans, e-commerce prices in new basket—MoSPI secy

New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.

Joint production, closer ties, emerging tech: The foundation of new defence pact between India & US

The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.