Categories: BUSINESS

Iran war: Trump sanctions waiver or not – why India continues to buy Russian oil

In March, with the US sanctions waiver in effect, India has aggressively procured Russian crude, picking up millions of barrels. India has never officially said that it will stop buying Russian crude, and even when levels dropped after sanctions, Russia was still the biggest contributor.
Sumitra

Share
Published by
Sumitra
2 months ago

Recent Posts

Countries protecting domestic industries, India no exception: Piyush Goyal on global trade

India navigates global trade challenges by fostering dialogue and partnerships, even as nations increasingly protect…

15 hours ago

Seeds of change: How India’s agriculture went high-output in 12 years

India's agriculture sector has seen remarkable growth over the past decade, fueled by increased government…

15 hours ago

AI windfall for the public? Trump signals shake-up for tech giants

US President Trump is pushing for major AI firms to "give back" to the public,…

2 days ago

Markets dumped India for AI stars. BlackRock says that’s a mistake

BlackRock believes India's equity market is unfairly penalized for its limited direct AI exposure and…

2 days ago

Bond market push: Govt eyes Bloomberg index inclusion with latest G-Sec reforms

3 days ago

Rupee gains 20 paise to settle at 95.41 against US dollar

3 days ago