India may face a $9–11 billion spike in oil import costs if US penalties force it to cut Russian crude. With EU sanctions also tightening, refiners like Reliance and Nayara could lose margins, ...

In February 2021, India's crude oil import strategy underwent a significant shift as the country began substantially ...

Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of petrol and ...

(Reuters) -India will keep purchasing oil from Russia despite U.S. President Donald Trump's threats of penalties, two Indian government sources said, not wishing to be identified due to the ...

Russia is the top supplier to India, responsible for about 35% of India's overall supplies. Private refiners bought nearly 60 ...

Concerns about potential supply disruptions, which had temporarily driven up prices, have been alleviated by Russia's ...

President Donald Trump signed an executive order Thursday that would have new tariffs on a wide swath of U.S. trading ...

Supertanker Kalliopi was in the process of discharging Iraqi oil for India's Nayara Energy on Wednesday, the first delivery ...

Microsoft has restored services to Russia-backed Indian refiner Nayara Energy, Nayara's lawyer told a New Delhi court, days ...

Supertanker Kalliopi was in the process of discharging Iraqi oil for India's Nayara Energy on Wednesday, the first delivery ...