Tag Archives: Russian oil sanctions

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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Oil jumps over 2% on tighter market outlook; Brent posts 3% weekly gain; US tariffs, Russia sanctions in focus – Times of India

July 12, 2025 0

Oil jumps over 2% on tighter market outlook; Brent posts 3% weekly gain; US tariffs, Russia sanctions in focus – Times of India

Oil prices climbed more than 2% on Friday after the International Energy Agency (IEA) said the global market may be tighter than it seems, supported by strong summer demand. Meanwhile, concerns over new US tariffs and possible fresh sanctions on Russia also added upward pressure.Brent crude rose $1.72, or 2.5%, to settle at $70.36 per barrel, while US West Texas …

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