India's crude oil imports from Iraq surged to 1.1 million barrels per day in January, solidifying Iraq's position as the second-largest supplier. Despite sanctions, India increased its Russian ...

India Says Russian Oil Suppliers Must Provide Sanctions-Compliant Cargoes By Nidhi Verma, Shariq Khan and Sethuraman N R NEW DELHI (Reuters) - India, the No. 2 importer of crude from Russia ...

In this latest action of America, sanctions have been imposed on 16 companies of Iran including India. The reason for the ban on Indian companies is their alleged involvement in Iran’s oil and ...

U.S. exports of crude oil to India last month climbed to their highest in over two years, ship tracking data showed, as ...

Oil refiners in India — eager to keep importing cheap crude from Russia — are working with merchants, shippers and other middlemen to rebuild supply chains as tougher U.S. sanctions come into ...

China and Iran have built a trading system that uses mostly Chinese yuan and a network of middlemen, avoiding the dollar and exposure to US regulators. India is yet to comment on the sanctions.

India will cooperate with international sanctions, the country's oil minister told CNBC on Tuesday, as markets eye future U.S. policy under the new administration of President Donald Trump.

(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Oil refiners in India — eager to keep ...

India became the biggest buyer of Russian seaborne oil sold at a discount after Western nations imposed sanctions on Moscow and curtailed their energy purchases in response to Russia's invasion of ...

That compared with exports of about 221,000 bpd last year. The jump in exports to India underscores how multiple rounds of sanctions imposed by Washington on ships and entities dealing with oil ...