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Disregarding US Sanctions, India Continues to Buy Russian Crude

5 months ago

11 September 2025

4:49 AM

India continues to buy cheap Russian crude oil, despite being punished for it by the United States.Last year, India’s imports of Russian crude surpassed 1.7 million barrels per day.India is betting big on clean energy, but coal remains key in its energy mix.

India’s top refiner says Russia’s spot oil supply is normal

5 months ago

9 September 2025

4:14 AM

The spot supply of Russian oil has not changed from earlier, with barrels trading at a discount of $2-$3 per barrel to Dubai for delivery at Indian ports, said Anuj Jain, head of finance at Indian Oil Corp, the country's top refiner.

‘Nothing to say sorry about’: Tharoor hits back at Trump’s commerce secretary on Russian oil purchase

5 months ago

8 September 2025

6:12 AM

Congress leader Shashi Tharoor on Sunday hit out at US commerce secretary Howard Lutnick over his recent remarks on India-US trade deal saying, "India doesn't have to say sorry about anything".

Leader Urges Modernization of Oil Production and Expansion of Export Markets

5 months ago

8 September 2025

3:48 AM

Ayatollah Seyyed Ali Khamenei, the Leader of the Islamic Revolution, stressed the need to modernize Iran’s oil industry by utilizing the expertise of young graduates to replace outdated methods and equipment, according to khamanei.ir.

Speaker: US unable to halt Iran oil sales Speaker: US unable to halt Iran oil sales

5 months ago

3 September 2025

4:03 AM

The United States has been unable to stop Iran’s oil sales, Iran’s Parliament speaker said Tuesday.

Iran rejects unilateral claims over Arash field

5 months ago

3 September 2025

3:59 AM

Iran’s Foreign Ministry spokesman on Tuesday rejected unilateral claims over the Arash gas field and reaffirmed Tehran’s commitment to dialogue with Kuwait to reach a fair and lasting agreement.

Report rules out that JCPOA snapback will paralyze Iran’s economy

5 months ago

29 August 2025

6:57 AM

A report published in the media has ruled out the cataclysmic scenarios envisioned for the Iranian economy after a potential return of the United Nations sanctions, a process known as the snapback that European parties to a 2015 deal on Iran’s nuclear program have vowed to trigger if the country fails to accept their demands.

Iranian President holds meeting on oil and gas initiatives and supply of essential goods

5 months ago

28 August 2025

8:17 AM

Iran’s President Masoud Pezeshkian presided over a meeting on Wednesday that focused on the progress of initiatives to increase oil production capacity, collect flared gas, and secure essential goods for the country.

Saudi Arabia and India Top the List of Russia’s Fuel Oil Buyers

5 months ago

27 August 2025

8:27 AM

Russia's fuel oil shipments went mostly to Saudi Arabia and India in July as Asia and the Middle East remain the key outlets for Moscow's fuel oil and vacuum gasoil (VGO) amid import bans and embargoes in the West.

Iran undertakes major overhauls at 10 refineries to ensure stable fuel supply

5 months ago

26 August 2025

7:18 AM

The National Iranian Oil Refining and Distribution Company (NIORDC) is conducting extensive maintenance at 10 refineries across the country to ensure a stable and secure supply of fuel, a senior company official announced.

External Affairs Minister S Jaishankar on Saturday defended India’s energy ties with Russia, saying that New Delhi’s oil purchases were both in national and global interest.

‘If you don’t like it, don’t buy it’: Jaishankar on Trump’s secondary sanctions on India’s Russian oil trade

5 months ago

24 August 2025

7:06 AM

External Affairs Minister S Jaishankar on Saturday defended India’s energy ties with Russia, saying that New Delhi’s oil purchases were both in national and global interest.

India Accounted for 20% of All of Russia’s Crude Oil Exports Since Ukraine War: Report

5 months ago

23 August 2025

8:04 AM

India has increased crude oil purchases from Russia since 2022, causing tensions with the US, leading to a 25% penalty tariff on India over the existing 25% reciprocal tariff.

UK imposes sanctions on one Iranian oil magnet, 4 entities

5 months ago

22 August 2025

7:37 AM

The United Kingdom government imposed sanctions on one Iranian individual and four entities on Wednesday with the accusation of what has been called "facilitating Tehran's cross-border activities”.

US imposes new sanctions on Iran’s oil trade

5 months ago

22 August 2025

7:31 AM

The US announced new sanctions Thursday targeting individuals and companies it alleged were facilitating Iran’s illicit oil sales.

Moscow has ‘special mechanism’ to continue oil supplies to India amid US tariffs: Russian official

5 months ago

21 August 2025

9:11 AM

Russia has a “very special mechanism” to maintain crude oil supplies to India despite punishing US tariffs, a senior Russian diplomat posted in New Delhi said Wednesday.

Iran says no unsold oil remains on the water

5 months ago

21 August 2025

9:06 AM

Iran’s oil minister said Wednesday the country has no unsold crude stored offshore, adding that all oil shipments are planned in line with market conditions.

Lawmaker praises Oil Ministry’s gas recovery efforts

5 months ago

19 August 2025

5:27 AM

member of Parliament’s Energy Committee of Iran praised the Oil Ministry’s performance in capturing associated petroleum gas, saying the 14th administration has taken effective steps to reduce the waste of this national resource.

Iran denies reports its oil is stacking up at sea

5 months ago

18 August 2025

3:51 AM

Iranian Oil Ministry source has denied reports suggesting that the country is grappling with an increasing stock of crude oil held afloat.

President: Gov’t to support gas recovery projects

6 months ago

16 August 2025

10:52 AM

President Masoud Pezeshkian said the government will provide any support possible to accelerate gas recovery projects, noting that the annual value of collected associated gas is estimated at $700 million.

Iran working with China, Russia to stop ‘snapback’, plays down sanctions

6 months ago

16 August 2025

4:15 AM

Foreign Minister Abbas Araghchi says Iran is actively collaborating with China and Russia to prevent the reactivation of UN sanctions through the so-called “snapback” mechanism threatened by European countries.

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POLITICS Feed Atom

Disregarding US Sanctions, India Continues to Buy Russian Crude

India’s top refiner says Russia’s spot oil supply is normal

‘Nothing to say sorry about’: Tharoor hits back at Trump’s commerce secretary on Russian oil purchase

Leader Urges Modernization of Oil Production and Expansion of Export Markets

Speaker: US unable to halt Iran oil sales Speaker: US unable to halt Iran oil sales

Iran rejects unilateral claims over Arash field

Report rules out that JCPOA snapback will paralyze Iran’s economy

Iranian President holds meeting on oil and gas initiatives and supply of essential goods

Saudi Arabia and India Top the List of Russia’s Fuel Oil Buyers

Iran undertakes major overhauls at 10 refineries to ensure stable fuel supply

External Affairs Minister S Jaishankar on Saturday defended India’s energy ties with Russia, saying that New Delhi’s oil purchases were both in national and global interest.

‘If you don’t like it, don’t buy it’: Jaishankar on Trump’s secondary sanctions on India’s Russian oil trade

India Accounted for 20% of All of Russia’s Crude Oil Exports Since Ukraine War: Report

UK imposes sanctions on one Iranian oil magnet, 4 entities

US imposes new sanctions on Iran’s oil trade

Moscow has ‘special mechanism’ to continue oil supplies to India amid US tariffs: Russian official

Iran says no unsold oil remains on the water

Lawmaker praises Oil Ministry’s gas recovery efforts

Iran denies reports its oil is stacking up at sea

President: Gov’t to support gas recovery projects

Iran working with China, Russia to stop ‘snapback’, plays down sanctions