Oil trade balance: India’s Russian crude imports rise to 2 mn bpd in August, refiners stick to ‘business as usual’ despite US tariffs
Friday, 15 August 2025 () India's Russian crude oil imports surged to 2 million barrels per day in August, escalating from 1.6 million bpd in July, primarily impacting imports from Iraq and Saudi Arabia. Russia now accounts for 38% of India's crude imports. Despite tariff announcements, Indian refiners maintain Russian oil purchases, guided by economic factors and the absence of sanctions.
Russia claims a major victory in Donbass, announcing over 265 Ukrainian soldiers killed in strikes during the liberation of Shcherbinovka, Donetsk. The Defense Ministry released footage showing destroyed artillery, including a US-made M777 howitzer. Putin hailed the offensive by Vostok Group forces,...
European leaders will join Ukrainian President Volodymyr Zelensky in Washington for high-stakes talks with Donald Trump. The meeting comes as Trump pushes Zelensky toward a quick peace deal involving..
Ukraine’s President Volodymyr Zelensky, hesitant after his disastrous last meeting with Trump, will be joined by the new EU Chief for a tense White House visit. Critics claim Zelensky is “too..
Even as Ukrainian President Volodymyr Zelensky prepares for a meeting with Donald Trump at the White House on Monday, tensions are expected to be simmering, especially if one remembers the last visit..
India faces a potential $9-12 billion increase in crude oil import expenses if it halts Russian oil purchases due to potential tariffs. While India has... IndiaTimes
Donald Trump is considering tariffs on China for Russian oil imports. This follows a 25% tariff imposed on India for similar purchases. Vice President J D Vance... IndiaTimes
Trump recently warned India of a 25 percent tariff for continuing crude oil imports from Russia. But Putin pointed out that despite tensions, economic ties with... Zee News
Friday, 15 August 2025 ()
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