India oil imports News

EU Tightens Sanctions on Russia: Impact on Rosneft's India Refinery and Global Oil Markets

The EU's new sanctions target a Rosneft-owned refinery in India and adjust the Russian oil price cap, potentially benefiting India as a major consumer. However, uncertainties loom ...

Global Oil Prices Surge Past $81: Inflation Fears Intensify Amid US Sanctions

Global oil prices surged past $81 per barrel due to US sanctions on Russian oil, impacting fuel retailers and raising inflation fears. India may shift towards Middle Eastern and Am...