Tag Archives: crude oil imports

Russia sanctions: EU restrictions on Russian oil could hit India’s $15 billion fuel exports; ‘will have to walk a fine line…’ – Times of India

July 20, 2025 0

Russia sanctions: EU restrictions on Russian oil could hit India’s billion fuel exports; ‘will have to walk a fine line…’ – Times of India

The European Union’s latest sanctions will adversely affect countries including India, Turkey, and the UAE. (AI image) Russian oil sanctions by the European Union could dent India’s $15 billion fuel exports, the Global Trade Research Initiative (GTRI) has warned. The EU’s 27 member states have introduced their 18th sanctions package against Russia, primarily targeting the oil and energy sector revenues. …

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Trump, NATO tariff threat on Russia’s crude oil: India not worried about sanctions, says Hardeep Puri; ‘if something happens, we’ll…’ – Times of India

July 17, 2025 0

Trump, NATO tariff threat on Russia’s crude oil: India not worried about sanctions, says Hardeep Puri; ‘if something happens, we’ll…’ – Times of India

Trump has threatened 100% tariff on Russian exports, including oil, alongside equivalent secondary charges for nations importing Russian good. Oil Minister Hardeep Singh Puri is confident that if crude oil imports from Russia face sanctions or secondary tariffs by NATO and the US, India is capable of meeting its energy requirements. Since February 2022, Indian refineries have actively purchased Russian …

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