India's Russian oil imports declined in July after jumping the previous month as some refiners slowed purchases due to smaller discounts, while Indian fuel demand also typically dips during the monsoon season,

External Affairs Minister S Jaishankar, addressing criticism over India's Russian oil imports, pointed out that China and the EU are larger buyers of Russian energy. He said India was merely working to stabilise global markets, as even urged by the US and ...

For more than two decades, Washington and New Delhi built a strategic partnership that was hailed as one of the great success stories of post–Cold War diplomacy. Today, that relationship is facing its most serious test in years — and India is signaling it has other options.

India bought canola oil for delivery in August for the first time in nearly five years, as local prices hit a 3-½-year high, making overseas purchases lucrative, industry officials told Reuters. A shipment of 6,

India gets tariff relief after Trump-Putin Alaska talks as Russia offers oil discounts and assures S-400 delivery in the middle of US sanctions pressure.

The refiners had halted Russian oil imports in July due to narrower discounts and amid criticism from Washington over India’s continued trade with Moscow.

Air India and Indian Oil Corporation Limited (IOCL) on Tuesday signed a Memorandum of Understanding (MoU) for the supply of Sustainable Aviation Fuel (SAF), marking what both companies described as a major step towards greener air travel in India.

US Treasury Secretary Scott Bessent said that he expected a substantial increase in tariff revenues from the $300 billion he forecast earlier this year, with the money to be used to start paying down the national debt.