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Globally West Texas Intermediate crude oil for February delivery slumped 45 cents or 1.43 per cent to USD 30.96 a barrel.

India Optimistic About Russian Oil Supply Amid US Sanctions

New Delhi: As the US Treasury imposed sanctions on Russian oil producers last week, India, the world's third-largest oil...

13 Jan 2025 3:29 PM

External affairs minister S. Jaishankar. (PTI Photo)

EAM Jaishankar: China violated pacts not to amass troops at LAC

New Delhi: External affairs minister S. Jaishankar on Tuesday hit out at China for not respecting bilateral pacts signed...

3 Jan 2023 7:24 PM

Russian President Vladimir Putin gestures while speaking at the plenary session of the 19th annual meeting of the Valdai International Discussion Club outside Moscow, Russia, Thursday, Oct. 27, 2022. (Photo: AP)

Indranil Banerjie | Russian oil sanctions and the Great Global Divide

On December 5 this year, the Western powers slammed the gates shut on sea-borne Russian oil exports and imposed punitive...

19 Dec 2022 3:32 AM

With the Russia-Ukraine war getting prolonged, New Delhi has been looking at ways to soften the blow that it received in the form of three-digit crude oil price. (Representational image: Twitter)

Import of Russian oil at discounted price part of inflation...

NEW DELHI: Finance Minister Nirmala Sitharaman on Thursday said India has ramped up the import of crude oil from Russia...

8 Sept 2022 3:08 PM