Reading by its recent actions, India appears to be shrinking from using regional influence to pressure Trump. Ducking the ...

New U.S. sanctions on Rosneft and Lukoil have more sticking power than the market reaction suggests, Ben Cahill writes in a ...

Refiner HPCL-Mittal Energy Ltd (HMEL) has become the first Indian oil company to suspend Russian crude purchases following ...

The CEO of Saudi state oil giant Aramco has said crude oil demand was strong even before sanctions were imposed on major Russian oil firms Rosneft and Lukoil, and that Chinese demand was still healthy ...

All the Russian oil that Indian refiners have been buying over the past three-and-half years has been on delivered-at-port ...

HMEL is the first Indian firm to officially announce suspension of Russian oil imports after sanctions on two of Moscow's ...

Lukoil plans to divest all its overseas assets, including projects in Africa. The move affects stakes in Nigeria, Ghana, Congo, and Egypt. The sale follows Western sanctions restricting the company’s ...

Lakshmi Mittal’s Indian refinery has taken in Russian oil for the first time since Donald Trump’s new sanctions dropped, and the shipments came in on ships ...

An emerging oil glut will help augment the economic punch from President Trump's new round of sanctions against Russia.

India's largest refiner, IOC, will continue buying Russian oil if it complies with US sanctions, which target specific ...

A Russian crude oil tanker bound for India has altered its course and is now stationary in the Baltic Sea. This could ...