India's Fuel Bill May Rise By USD 9Bn In FY26 And 12 Billion In FY27, If It Stops Russian Oil Imports: SBI

Friday, 8 August 2025
India substantially increased purchasing of Russian oil since 2022, which was sold at a discount, capped at USD 60 per barrel, to ensure energy security after Western nations imposed sanctions on Moscow and avoided its supplies following the invasion of Ukraine.

👓 View full article

0 shares	Share Tweet Save Post Send

Video Credit: Oneindia - Published on August 7, 2025

News video: Putin Meets NSA Ajit Doval to COUNTER Trump’s Penalty tariffs on India’s purchase of Russian oil

Putin Meets NSA Ajit Doval to COUNTER Trump’s Penalty tariffs on India’s purchase of Russian oil 03:06

Just a day after Trump’s harsh new tariffs on India, NSA Ajit Doval met Russian President Vladimir Putin in Moscow to reaffirm and expand the India–Russia strategic partnership. With U.S. pressure mounting over Russian oil imports, Doval confirmed Putin will visit India later this year—the...

Related videos from verified sources

Putin Warns Trump over Tariffs on India & China | ‘You cannot do....a mistake!’ | SCO Summit 2025 [Video]

Putin Warns Trump over Tariffs on India & China | ‘You cannot do....a mistake!’ | SCO Summit 2025

Russian President Vladimir Putin warned U.S. President Donald Trump against imposing tariffs on India and China, calling it a "mistake" to pressure these nations. Putin criticized attempts to undermine..

Credit: Oneindia Duration: 02:46Published 22 hours ago

Putin’s Praises Trump in a rare candid moment | ‘President Trump has a...’|Moscow invite still valid [Video]

Putin’s Praises Trump in a rare candid moment | ‘President Trump has a...’|Moscow invite still valid

Russian President Vladimir Putin praised U.S. President Donald Trump’s sense of humor in a rare candid moment, referencing Trump’s Victory Day post. Putin reaffirmed that his invitation for Trump..

Credit: Oneindia Duration: 02:33Published 23 hours ago

Trump’s Fierce Warning to Putin as Russia Bombs Ukraine despite Alaska talks|‘All Options on Table’ [Video]

Trump’s Fierce Warning to Putin as Russia Bombs Ukraine despite Alaska talks|‘All Options on Table’

U.S. President Donald Trump is signaling a tougher stance on Russia as Treasury Secretary Scott Bessent warned that all options remain open for new sanctions amid Moscow’s intensified bombardment of..

Credit: Oneindia Duration: 03:40Published 2 days ago