scorecardresearch
Add as a preferred source on Google
Thursday, November 6, 2025
TopicRussian crude oil

Topic: Russian crude oil

In 18th sanctions package against Russia, EU targets Rosneft’s India refinery, cuts price cap on crude

Move comes after hectic parlays with Slovakia, which had held up package the last two days. Sanctions linked to the bloc’s planned phasing out of Russian energy by 2027.

India bought Russian crude because ‘we wanted somebody to’, says US Ambassador Eric Garcetti

External Affairs Minister Jaishankar said earlier this month that India was 'pressured' to not buy crude oil from Russia in light of sanctions imposed by US, EU.

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 is using Chinese yuan to pay for 10% of its Russian oil imports, rest in rupee and dirham

Russia is okay with delays in payments, but has asked Indian oil marketing firms to pay some amount in yuan — a currency it can use more easily.

‘Dosti zindabad’ — Lavrov hails 75 yrs of Russia-Pakistan ties, says oil project in final stage

Russian FM also praises Islamabad's cooperation with Moscow in international fora such as UN & SCO. Pakistan is a key partner for combating trans-border crime & terrorism, he adds.

EU should crack down on India reselling Russian oil into Europe, says EU foreign policy chief

Any mechanism to stem the flow of Russian oil would need to be implemented by the national authorities, Josep Borrell said in an interview with the Financial Times.

OPEC+ to cut oil production by 1.15 million barrels a day. What it means for India

Announcement by oil-producing cartel Sunday sent global markets into flux, with crude prices surging high. Experts say India will only feel effects in medium to long term.

Russia refuses to give 30-40% discount on crude oil to Pakistan, says ‘all volumes committed’

Pakistan Finance Minister Ishaq Dar had earlier said that Islamabad wanted to have the crude oil deal with Moscow on terms similar to those agreed for New Delhi.

On Camera

Why Supreme Court’s AGR relief for Vodafone Idea can trigger questions of fair play in telecom

Uniformity of rules should be the playbook across sectors. Different rules, whether for telecom players, retail entities or online businesses, would invariably trigger the level-playing questions.

What does NCLAT order mean for data-sharing ban, penalty imposed by CCI on Meta & WhatsApp

On 4 November 2025, NCLAT bench, comprising Chairperson Justice Ashok Bhushan and Member Arun Baroka, noted that WhatsApp and Meta are distinct legal entities.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

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.