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Friday, April 10, 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

Tamil Nadu’s elections are fought on delivery—ideology appears only when needed

Electoral competition now appears dominated by welfare delivery and governance metrics, but ideology has not disappeared in Tamil Nadu. Instead, it has become strategic.

Data centre gold rush risks blackouts, central electricity body warns states against tripping grids

India’s fast-growing data centre sector may strain state electricity networks; Central Electricity Authority has urged Maharashtra, Andhra Pradesh, Telangana and Tamil Nadu to boost capacity.

India working on lowering military reaction time to hostilities, boosting use of AI—CDS Gen Chauhan

On lessons from the ongoing West Asia conflict, he says that while US had superior technology and strike capability, Iran used geography to its advantage.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.