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India stands firm on buying Russian oil amidst sanctions; EAM Jaishankar says Moscow has never hurt New Delhi

India s External Affairs Minister S Jaishankar reaffirmed India s stance on buying Russian oil. During his visit to Germany for the Munich Security Conference, he stated that Europe should understand that India cannot have a view of Russia that is identical to the European one. ....

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Russia Makes Up 40% Of Indian Oil Imports: Report

The share of Russian oil in India's overall imports rose to about two-fifths in the first half of fiscal 2023/24, consolidating Moscow's position as the top supplier as refiners curbed purchase from the Middle East, industry data showed. ....

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OPEC's share of Indian oil imports down to 22-year low. Here's why

Members of the Organization of the Petroleum Exporting Countries (OPEC), mainly from the Middle East and Africa, saw their share of India's oil market slide to 59% in the fiscal year to March 2023, from about 72% in 2021/22. ....

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Fuels from Russian oil gets backdoor entry into Europe via India

India's imports of Russian crude in March rose for the seventh straight month to end out the fiscal year as top supplier to India, displacing Iraq for the first time, the data showed. ....

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Oil sales to India jumped 22 times in 2022: Russia Deputy PM Alexander Novak

Despite the challenges faced by Russia’s energy industry due to Western sanctions, it remains sustainable, said the Russian Deputy PM. ....

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