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Wednesday, January 14, 2026
TopicRussian Oil

Topic: Russian Oil

Lloyd’s Register drops ships of Indian shipping firm Gatik, major carrier of Russian oil

Gatik emerged this year as a leading carrier of Russian oil to India using a fleet of tankers that has numbered more than 40, shipping data shows.

Supply of cheap oil from Russia could be at risk as India searches for payment options

Ever since sanctions were imposed on Russia, India hasn’t been able to use US dollar to pay for oil. It is said to be looking at using dirhams & rupee, both of which have limitations.

Indian cos sometimes face delays in paying for Russian oil above $60 per barrel, says oil secretary

India has significantly increased oil imports from Russia since the beginning of the conflict in 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.

Fuels from Russian oil gets backdoor entry into Europe via India

Access to cheap Russian crude has boosted output and profits at Indian refineries, enabling them to export refined products competitively to Europe and take bigger market share.

On Camera

Magh Bihu isn’t like Pongal or Makar Sankranti. It is rebellious at heart, with tribal origins

The practice of collective cooking is central to Uruka, the night before Magh Bihu when people sit around a bonfire sharing meat, rice beer, and laughter

Grounded no more: Andhra govt revives no-frills Dagadarthi airport near Nellore to boost south coast link

As Visakhapatnam readies a mega airport, the Andhra Pradesh government has revived its shelved Dagadarthi project, aiming to boost cargo and connectivity on the south coast.

Army chief lambasts Chinese infra push in Shaksgam Valley. ‘We consider it illegal action’

Speaking at annual press conference, Army chief reiterated that India does not recognise 1963 Sino-Pakistan border pact under which Pakistan illegally ceded Shaksgam Valley to China.

Thank you Donald Trump, again. India now has reason to shed fear of trade deals and risky reform

UK, EFTA already in the bag and EU on the way, many members of RCEP except China signed up, and even restrictions on China being lifted, India has changed its mind on trade.