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 ...

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.

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