India-Russia oil trade
US Sanctions on Russian Oil Companies: Impact on Global Markets and India's Energy Security
Oct 23, 2025 05:19 pm CST
The US has imposed significant sanctions on Russia's largest oil companies, Rosneft and Lukoil, in an effort to pressure Vladimir Putin to end the Ukraine war. These measures could substantially impact global energy markets, particularly affecting major Russian oil buyers like India and China. Indian state refiners are now reviewing their Russian oil trade documentation while balancing energy security concerns against international pressure. The sanctions mark a significant escalation in economic measures against Russia's primary revenue source and may reshape global energy trade patterns.
India Rejects Trump Adviser Peter Navarro's "Inaccurate and Misleading" Claims About Russian Oil Imports
Sep 05, 2025 09:45 pm CST
India's Ministry of External Affairs has officially rejected statements made by Peter Navarro, senior trade advisor to US President Donald Trump, regarding India's Russian oil imports and foreign policy. The diplomatic tension has escalated following Navarro's controversial characterization of the Russia-Ukraine conflict as "Modi's war" and his claims that India operates a "profiteering scheme" through Russian oil imports, amid growing trade disputes between the two nations.