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US sanctions loom, Russian oil loading for Indian ports halves

November 21, 2025 4:56 am

Russian oil discharged at Indian ports in the first 20 days of November averaged 1.89 million barrels per day (bpd), up from 1.62 million bpd in October, according to provisional data from global commodity data and analytics provider Kpler.

The Reliance-owned Jamnagar refinery in Gujarat is the world's largest oil refinery.

Explained: Threat of US secondary sanctions, which could make Indian refiners pivot away from Russian oil

October 26, 2025 12:38 pm

US Secondary Sanctions: India has not sanctioned Russian oil companies, but the US's recent decision could impact its dealings because of 'secondary sanctions'.

India against unilateral sanctions, but likely to limit Russian oil imports

How US, EU sanctions on Russian oil could impact India's imports

October 24, 2025 11:04 am

India is among the handful of countries, along with China, which do not support unilateral sanctions against Russia.

Indian refiners’ heavy imports of Russian crude are seen as a lever that the Trump administration believes it can use to force the Kremlin’s hand into ending the Ukraine war.

India’s reliance on imported crude oil creeps up further on demand growth amid stagnant domestic production

October 23, 2025 10:19 am

Industry watchers believe that the import dependency level for the entire FY26 could be a tad higher than the April-September level, as was the case in the previous financial year.

Building barrels: What is fuelling China’s crude oil stockpiling overdrive?

October 13, 2025 2:04 pm

Why is China stockpiling so much crude, particularly when markets are expected to be well-supplied in the coming months? Here's what experts believe.

Top 10 most valuable global energy brands in 2025: Find out which Indian oil and gas brands are featured in the list.

Top 10 most valuable global energy brands in 2025: see which Indian firm ranks 10th strongest; 3 in top 100

October 08, 2025 12:50 pm

Top 10 most valuable global energy brands in 2025 list: India accounts for 3.5 per cent of the total global brand value of oil and gas companies as per BrandFinance's Energy 100 for 2025. Notably, Reliance and Hindustan Petroleum are among the companies that figure on the list of the most valuable energy brands.

These stranded dividends originate from billions of dollars invested by Indian public sector oil companies over the years to acquire stakes in Russian producing oil and gas projects. (File Photo)

No govt directive on Russian oil imports, free to scout for alternatives if Moscow’s oil becomes unfeasible, says HPCL chairman

August 08, 2025 3:22 pm

Indian public sector refiners have paused Russian oil purchases, which had already slowed down in previous weeks, it is learnt.

The action would mean that Nayara Energy would not be able to export petroleum fuels and products to Europe, and potentially hit any of its dealings with European companies.

EU bans import of fuel made from Russian oil, sanctions Indian refiner Nayara, lowers price cap on Russian crude

July 19, 2025 10:56 am

Industry insiders said that the likely impact of the EU actions is not clear yet, and clarity is likely only when details of the sanctions and the new price cap emerge.

Currently, Indian refiners are adopting a wait-and-watch approach on the matter, while keeping Russian oil flows into India robust.

Ample oil available in global market, not worried even if supplies from Russia get disrupted, says Petroleum Minister Hardeep Singh Puri

July 17, 2025 6:38 pm

India has so far not scaled back on its oil imports from Russia, maintaining that it is willing to buy oil from whoever offers the best price, as long as the oil is not under sanctions.

India depends on imports to meet around 88 per cent of its crude oil needs, and Russia has been the mainstay of India’s oil imports for nearly three years now.

India’s Russian oil imports touch 11-month high in June amid concerns over US Bill for high tariffs on Russia’s trading partners

July 04, 2025 5:12 am

In a recent press conference in Washington, Foreign Minister S Jaishankar said that India’s concerns and interests on energy have been “made conversant” to Republican Senator Lindsey Graham, who is a key sponsor of the bill.