India may face a $9–11 billion spike in oil import costs if US penalties force it to cut Russian crude. With EU sanctions also tightening, refiners like Reliance and Nayara could lose margins, ...

India’s annual crude oil import bill could rise by $9-11 billion if the country is compelled to move away from Russian crude ...

The US accounts for 27 per cent of India's auto component exports and 17 per cent of tyre exports. With this the tariff hike places Indian manufacturers at a disadvantage compared ...

India has ramped up crude oil imports from the United States by over 50 per cent in the first half of 2025, driven by strong ...

India has signaled that it will maintain its oil trade with Russia, brushing aside warnings from U.S. President Donald Trump about possible trade penalties.

Referring to the current global climate, Modi said, “The global economy is currently facing multiple uncertainties and an ...

The White House has just announced a new global trade regime, effective 7 August. It impacts every nation. What we are seeing ...

On top of a new 25% tariff on India's exports to the US, Trump indicated in a Truth Social post last month that India would face additional penalties for purchases of Russian arms and oil. On Friday, ...

SINGAPORE (Reuters) -President Donald Trump signed an executive order on Thursday imposing tariffs ranging from 10% to 41% on ...

NEW DELHI -- India has indicated that it would continue buying oil from Russia despite threats by U.S. President Donald Trump. The Indian foreign ministry said its relationship with Russia was “steady ...

Anonymous sources with the Indian government said Saturday that the country would continue buying Russian oil, despite ...

President Donald Trump’s tariff onslaught this week left a lot of losers – from small, poor countries like Laos and Algeria ...