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Tag: India oil imports

US Extends Sanctions Waiver for India and Other Nations to Buy Russian Oil for One More Month

May 19, 2026Nritoday

The global price of Brent crude oil rose sharply to 111 dollars per barrel due to a shortage in crude oil supply, creating concern among many countries around the world. […]

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Trump Signs Order Removing 25% Penalty on India Over Russian Oil Purchases

February 7, 2026Nritoday

The United States has eased trade penalties on India after President Donald Trump signed an order removing a 25% additional tariff that was imposed over India’s purchase of Russian oil. […]

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India Has Not Stopped Oil Purchases, Clarifies Russia

February 4, 2026February 4, 2026Nritoday

An Iranian surveillance drone was shot down after it aggressively approached a US Navy warship, triggering fresh international concern and raising tensions between the United States and Iran. The incident […]

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