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Tuesday, February 24, 2026
TopicOil import

Topic: Oil import

Delhi’s ‘band-aid’ solutions for air pollution, and the death of tabla virtuoso Zakir Hussain

Global media took note of how tabla maestro Hussain introduced the instrument to global audiences. It also reported on Apple's expanding manufacturing network in India, 'thanks to Modi'.

India will buy oil from whoever offers ‘lowest possible price’, says Minister Hardeep Singh Puri

India has been buying crude oil from Russia, which is now its top oil supplier, at discounted prices since the West imposed import curbs following its invasion of Ukraine.

Russian oil slashes OPEC’s share of Indian market to 22-year low

India shipped in about 1.6 million barrels per day (bpd) of Russian oil in 2022/23, the data showed, about 23% of its overall 4.65 million bpd imports.

India to diversify oil imports after surprise output cuts by OPEC, its allies

Oil minister Hardeep Singh Puri warned that these cuts could tip the world into recession. He also informed that Indian firms have signed new oil supply deals with Colombia and Brazil.

Biden says US will ban ‘all imports of Russian oil, gas & energy’ to pressure Putin to stop war

Announcing the ban in an address from the White House Tuesday, President Biden said 'US will not be part of subsidising Putin’s war'.

Reliance gets former Biden aide Ankit Desai to lobby for lifting Venezuelan oil import ban

Ankit Desai will work as a subcontractor to law firm Eversheds Sutherland US LLC, which represents Reliance in matters related to Venezuelan sanctions imposed during the Trump admin.

India hopes to import more oil from Iran and Venezuela under Joe Biden

India is heavily reliant on energy imports and refiners struggled to cope as the US foreign policy over the last few years restricted access to Iranian & Venezuelan oil.

Should Modi govt let oil crash cushion finances or will lower retail prices revive economy?

The global oil slump has given Modi govt the cushion to hike fuel taxes to meet revenue shortfalls. But retail fuel prices still hover around pre-Covid-19 levels.

India may seek extension of 4 November deadline for oil import from Iran

India is hoping to get a waiver from US sanctions as it cut down oil import from Iran in the last few months.

India has no plans to import oil from Iran in November as US sanctions loom

India, the second largest buyer of Iranian oil, hasn’t asked for any cargoes for November. Final purchase decisions are due early October.

On Camera

What a viral monkey, an IKEA plush toy, and a US Supreme Court ruling reveal about tariffs

Punch’s attachment to his plush toy is not based on its country of origin, but on the comfort it provides. Similarly, consumers prioritise trust and design over geopolitical labels.

FY23 chosen as new base for India’s GDP as it was 1st ‘normal economic year’ in a while—MoSPI secy

FY 2022-23 was the first normal economic year in recent years, said Saurabh Garg, Secretary of the Ministry of Statistics and Programme Implementation, in an interview with ThePrint.

IAF’s Tejas fleet undergoes ‘maintenance check’, decision on airframe yet to be taken

The 7 February incident involving Tejas aircraft caused severe damage to its frame. IAF and HAL are working together as part of the Board of Inquiry (BoI) to probe the incident.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.