Russian crude imports cut India’s oil bill by $8bn in FY24
Tuesday, 30 April 2024 () India saved $7.9B in 2023-24 oil imports by purchasing discounted Russian crude, impacting deficit. Potential $101-104B oil bill for 2024-25. Russian crude share surged to 36%.
Biden Signs Bill , Banning Russian Uranium Imports.
The U.S. president signed the bipartisan bill into law on March 13, 'The Guardian' reports. .
The measure is viewed as another avenue of pressure..
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Oil prices surged by more than four percent on Friday following Israel's missile strikes on Iran, amplifying concerns of heightened tensions in the West Asia region. The global benchmark, Brent crude,..
Fears of Potential Iranian Attack , Drive US Stocks Down , Nearly 500 Points.
CNN reports that United States stocks dropped on
April 12 amid rising tensions in the Middle East pushing
traders to..
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Russia's crude oil imports to India surged to 35% in FY24 from 23% the previous year, surpassing other major suppliers like Iraq, Saudi Arabia, UAE, and the US.... IndiaTimes
India has lost the top buyer status of sea-borne Russian oil to China as sanctions fears grow. China has surpassed India in seaborne crude imports with 1.82M... IndiaTimes
India's net oil import bill could widen to $101-104 billion in FY2025, with any escalation in the Iran-Israel conflict potentially impacting import values,... IndiaTimes