Russia has announced that it will continue supplying crude oil to India at a 5% discount, even as the United States increases tariff pressure on New Delhi for purchasing Russian oil amid the Ukraine conflict. Evgeniy Griva, Russia’s Deputy Trade Representative to India, confirmed the development, saying, “There will be a 5% discount, subject to...
The United States has imposed sanctions on at least six Indian companies accused of trading in Iranian petroleum and petrochemicals, as part of a broader action targeting 20 entities across the globe. The sanctions were announced by the US Department of State on Wednesday, citing violations of American sanctions against Iran. Indian Companies Named in...