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Sunday, March 15, 2026
TopicRussian crude oil

Topic: Russian crude oil

India’s Russian crude imports approach pre-Trump sanction levels amid Hormuz disruptions & US ‘waiver’

India has already purchased nearly 16 million barrels of Russian crude so far in March 2026, translating to roughly 1.6 million barrels per day, indicating a sharp uptick.

Russian buffer for crude, but India’s LPG imports vulnerable as Iran conflict chokes Strait of Hormuz

India imports roughly 80–85% of its LPG requirements, with bulk sourced from Gulf suppliers, almost all of it coming through the Strait of Hormuz.

China absorbs more Russian crude as India recalibrates with a Middle East pivot

As discounted Russian barrels increasingly flow to China, Indian refiners lift more from Saudi Arabia, Iraq and the UAE, while also eyeing Venezuelan cargoes to diversify risk.

India’s purchases of Saudi oil surge to 6-year high as Russian imports fall

Saudi Arabia shipments may hit over 1.1 million barrels a day, the highest since Nov 2019, nearing Russia levels as India closes the supply gap, Kpler says.

Howzat U-turn & Make Minnesota Safe Again

The selected cartoons appeared first in other publications, either in print, online, or on social media, and are credited appropriately. Also Read: Nuances, complexities &...

‘National interest’ guides oil buys, says Misri after Trump’s claims India to stop Russian oil purchase

New Delhi: India’s energy purchases will be dictated by “national interest”, including “adequate availability” and prevailing global oil prices, Foreign Secretary Vikram Misri said...

‘Energy security of 1.4 bn people our priority’: MEA on Trump claim of India’s pivot from Russian crude

US President Donald J. Trump announced Monday the conclusion of a trade deal with India, that will see New Delhi curb its Russian oil purchases. MEA says will continue purchases based on market dynamics. US President Donald J. Trump announced Monday the conclusion of a trade deal with India, that will see New Delhi curb its Russian oil purchases. MEA says will continue purchases based on market dynamics.

Americans buyers bear almost all the cost of Trump’s tariffs

A study found that only about 4% of the tariff burden is shouldered by foreign firms, with a ‘near-complete’ pass-through of 96% to US buyers.

Trump threatens India with fresh tariffs on Russian oil, calls PM Modi a ‘good guy’

The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.

Looking to 2026, India to bet on diversification of energy basket—not disengagement from Russia crude

US sanctions reshuffle India’s crude procurement, pushing refiners towards new intermediaries, the Middle East and Americas.

On Camera

Gulf conflict pushes Dubai diamond traders to eye Surat for rough stone auctions. But there are hurdles

Industry leaders say India’s complicated customs process and GST levies are deterrents for traders to come to Surat for auctions.

Supreme Leader Mojtaba, the man Iran must keep alive & the secret force ‘tasked with it’—all about NOPO

The Nirouyeh Vijeh Pasdaran Velayat, or NOPO, was the only force Ali Khamenei trusted.It was founded in 1991 and is more feared than the Revolutionary Guards.

Peaceful power transfers followed uprisings in India’s neighbourhood. It’s a sign of mature democracies

Rating democracies is a tricky business. I am only using the simple metric of who in the Indian subcontinent has had the most peaceful, stable, normal political transitions and continuity.