HISTORICAL FACTS: 9 | History Defined

Russian oil cargoes head away from India amid payment issues

A number of vessels hauling crude from Russia that had been idling off India are now headed away from the country eastwards, amid concerns over oil payments to Moscow that spurred a slump in arrivals last month.

The Times of India · Jan 2, 2024

Russian oil supplies continue to spike despite G7 price cap sanctions, data shows

Russia’s oil revenues likely to increase due to constant increases in crude prices, show estimates

The Independent UK · Sep 25, 2023

India’s oil imports from Russia plunge to lowest in seven months

NEW DELHI: India’s appetite for cheap Russian oil took a breather in August as monsoon rains dampened demand and refiners scheduled routine maintenance works.

The Times of India · Aug 31, 2023

Aging shadow fleet carrying Russian oil poses disaster risk

The oil tanker Turba normally should have been melted down by now.

Tribune News Service · Mar 28, 2023

India to make Russia its number one oil supplier in move that could scupper impact of price cap

Exclusive: Analysts tell The Independent that India is now expected to overtake EU as largest importer of Russian crude following European ban

The Independent UK · Dec 8, 2022

New bench of traders muscle in to supply Russian oil to India

NEW DELHI: India is set to get more channels to buy cheap Russian oil, with a new wave of smaller, international traders muscling into its vast market by offering barrels shunned by rivals after the invasion of Ukraine.

The Times of India · Jul 29, 2022

Sky-high diesel prices squeeze truckers, farmers, consumers

High diesel prices are driving up the cost of everything, from groceries to Amazon orders and furniture

The Independent UK · Jul 20, 2022

India, China growing markets for shunned Russian oil

India and other Asian nations are becoming an increasingly vital source of oil revenues for Moscow as the U.S. and other Western countries cut their energy imports from Russia in line with sanctions over its war on Ukraine

The Independent UK · Jun 13, 2022

India is not a conduit for Russian oil sales: Jaishankar

He denies international reports that accuse Indian refiners of profiteering

The Hindu · Jun 3, 2022

More Russian oil than ever before is heading for India, China

NEW DELHI: A record volume of Russian oil is on board tankers, with unprecedented amounts heading to India and China as other nations restrict imports because of the war in Ukraine.

The Times of India · May 27, 2022