#us-sanctions
India to continue purchasing Russian crude notwithstanding US sanctions
India will persist in buying Russian crude oil despite US sanctions, prioritizing energy security and commercial viability.
India to continue buying Russian crude oil regardless of US sanctions waivers, says Petroleum Ministry Official
The remarks came after a temporary US sanctions waiver allowing the sale and delivery of Russian seaborne crude expired on May 16.
GIFT Nifty jumps nearly 1% after reports of US relief on Iran oil sanctions
GIFT Nifty rallied nearly 1% after reports indicated possible temporary US sanctions relief on Iranian oil exports. Hopes of additional crude supply eased inflation and energy shock concerns, lifting investor sentiment despite ongoing geopolitical tensions, v…
‘India buys Russian oil irrespective of US sanctions or waivers’
India has been buying Russian oil irrespective of U.S. sanctions waivers, Sujata Sharma, a joint secretary in the petroleum ministry, said on Monday.