EU agrees to cap price of Russian seaborne oil at USD60

Dec 03, 2022

Taking to Twitter, the president of the European Commission, Ursula von der Leyen said, "The EU agreement on an oil price cap, coordinated with...

Iran seizes US-bound oil tanker in Gulf of Oman

Apr 29, 2023

The waters where the US-bound ship was seized, near the Strait of Hormuz, are a chokepoint for at least a third of the world's...

India is clear about its policy regarding oil purchases, will buy oil from wherever it has to: Hardeep Singh Puri

Oct 08, 2022

Washington [US], October 8 : India has reiterated its choice of importing oil from countries like Russia after OPEC Plus, a consortium of oil-producing...

Indian Oil refiners continue to source oil from Russia

Aug 02, 2025

Their supply decisions are guided by price, grade of crude, inventories, logistics and other economic factors, the sources revealed.

Global oil prices would have hit the roof if India had not bought oil from Russia: Union Minister Hardeep Puri

Nov 09, 2024

Union Minister Hardeep Singh Puri emphasized that global oil prices would have increased tremendously if India had not purchased oil from Russia.

India's oil imports from Russia helped global markets to stabilise: Hardeep Puri silences critics

Jul 10, 2025

Petroleum and Natural Gas Minister Hardeep Puri said India's continued purchase of crude oil from Russia helped stabilise energy prices globally, and halting oil...