Indian oil companies have been buying more oil from Russia and African countries such as Nigeria and Angola.

India is raising fuel prices again as the Strait of Hormuz crisis drives up crude costs, inflation, and pressure on refiners.

India’s economic pains are intensifying every day that the Strait of Hormuz remains closed. Two and a half months after the Middle East conflict began, one of the highest-performing emerging markets ...

India is overtaking China as the world’s biggest oil demand growth driver. While India’s growth rate is ahead of China’s, Indian volumes aren’t anywhere near the Chinese boom in consumption that began ...

NEW DELHI, May 18 (Reuters) - India has been buying Russian oil irrespective of U.S. sanctions waivers, Sujata Sharma, a joint secretary in the petroleum ministry, said on Monday. "Regarding (the) ...

See more of our coverage in your search results. Add The New York Post on Google Indian refiners, the top importers of Russian crude oil, are searching for alternative suppliers ahead of Friday’s ...

India continues to stand out as one of the world's more resilient major economies, backed by strong services exports, record FDI inflows, ample forex reserves and stable labour market conditions.

Refiners in India are reportedly cooling to the prospect of long-term deals with Russian oil firms, Bloomberg reported. Three Indian refiners were in talks to receive 500,000 barrels a day from ...

India will keep purchasing oil from Russia despite President Trump’s threats of penalties, two Indian government sources told Reuters on Saturday, not wishing to be identified due to the sensitivity ...

India’s energy journey is at a critical crossroads. Evolving US-Venezuela relations underscore the risks of overdependence on a single energy source. India's ongoing oil-focused statecraft, ...

India’s energy ministry said refiners have secured crude supplies from more than 40 countries, including Iran. India is buying oil from Iran after a hiatus of seven years. Experts said that India’s ...