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Tuesday, February 3, 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

Why Rahul Gandhi wasn’t allowed to read an excerpt from General Naravane’s memoir

General MM Naravane’s memoir—Four Stars of Destiny—reveals that he was left hanging by political leadership for more than two hours as Chinese tanks drove towards Indian positions.

Floundering PM Internship Scheme has seen 44% drop out since 2024 launch. Budget deals drastic blow

Only 21 percent of interns complete programme as Centre slashes budget by over 50% after poor joining and high attrition.

Adani Defence teams up with Italy’s Leonardo to tap India’s mega helicopter market

The partnership will focus on targeting the Indian Armed Forces' requirements, particularly for Leonardo's AW169M and AW109 TrekkerM helicopters.

Swiss report should now close Op Sindoor debate. Knowing when to stop the fight is key too

The key to fighting a war successfully, or even launching it, is a clear objective. That’s an entirely political call. It isn’t emotional or purely military.