International trade
India's largest refiner, Reliance Industries, could face a loss of up to Rs 3500 crore in earnings before interest, taxes, depreciation, and amortization (Ebitda) after the US imposed sanctions on Russian oil exporters Rosneft and Lukoil. The sanctions, announced by the US Department of the Treasury's
Commodity futures
US crude oil futures surged past $61 a barrel on Thursday following the imposition of sweeping sanctions on Russia's top oil producers, Rosneft and Lukoil, by the Trump administration. The sanctions, aimed at curtailing Russian President Vladimir Putin's ability to fund the war in Ukraine, prohibit
International trade
India's largest refiner, Reliance Industries, could face a loss of up to Rs 3500 crore in earnings before interest, taxes, depreciation, and amortization (Ebitda) after the US imposed sanctions on Russian oil exporters Rosneft and Lukoil. The sanctions, announced by the US Department of the Treasury's
Missiles
President Vladimir V. Putin issued a warning to the Trump administration, stating that an overwhelming response will be made if Kyiv obtains powerful missiles, amid the ongoing war in Ukraine. The warning came as the US imposed oil sanctions on Russia's two largest oil companies, Rosneft and Lukoil,
Petroleum industry
United States President Donald Trump announced sanctions against major Russian oil companies on Wednesday, citing Russia's lack of commitment to a peace process in Ukraine. This move comes as Trump expresses frustration with Russia and asserts that Prime Minister Narendra Modi of India has assured him that India
European Union
US President Donald Trump yesterday imposed sanctions on Russia's two largest oil companies, Rosneft and Lukoil, in an attempt to pressure Russian President Vladimir Putin to end the Ukraine war. The move comes after Trump said that his talks with Putin had not yielded any progress, and he
Petroleum industry
The Trump administration has intensified its efforts to pressure Russia into ending its war in Ukraine by announcing significant sanctions on two major state-run oil companies, Rosneft and Lukoil. The move follows a failed attempt for a meeting between US President Donald Trump and Russian President Vladimir Putin in Hungary,
Petroleum industry
The US has imposed new sanctions on Russia's two largest oil companies, Rosneft Oil Company and Lukoil OAO, in an effort to pressure Russian President Vladimir Putin to agree to a ceasefire in Ukraine. This move follows a shift in President Trump's diplomatic approach, as he
Petroleum industry
The White House has taken a more aggressive stance against Vladimir Putin's government, imposing new sanctions on Russia's energy sector in a bid to degrade the Kremlin's ability to fund its war with oil sales. The sanctions, announced by US Treasury Secretary Scott Bessent,
Petroleum
U.S. President Donald Trump reignited the controversy over India's Russian oil imports on Sunday, claiming that Indian Prime Minister Narendra Modi had assured him that India would stop buying Russian oil. This assertion was made just days after Trump said that Modi had made the same commitment
Petroleum
U.S. President Donald Trump reignited the controversy over India's Russian oil imports on Sunday, claiming that Indian Prime Minister Narendra Modi had assured him that India would stop buying Russian oil. This assertion was made just days after Trump said that Modi had made the same commitment
Exports
The U.S. administration, led by President Donald Trump, has scored a major victory in its efforts to curb Russia's energy revenue and end the war in Ukraine. Indian Prime Minister Narendra Modi has agreed to phase out India's imports of Russian oil within a short
