India’s cooking-oil imports jump for festival season—but not war-hit sunflower
Indian refiners are stocking up for the festival season, but the war has left the world’s top sunflower supplier shut out of the boom.
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India oil imports
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US gives India 30 days to offload 140 million barrels of Russian crude—oil its own sanctions stranded at sea
Washington’s waiver covers crude that accumulated offshore after its own pressure campaign cut India’s Russian imports by more than a third.
India chose Europe. Russia’s oil is now stuck offshore. (INFOGRAPHICS)
140 million barrels stranded on tankers as enforcement pressure mounts.
Desperate for buyers, Russia throws India its biggest oil discounts yet (INFOGRAPHIC)
The price gap more than doubled in a month, from $3 to $7 per barrel.
Russia’s ghost fleet circles the oceans as buyers vanish
Major oil refineries in India and China increasingly refuse Russian deliveries.
EU sanctions hit, but India’s Russia-linked refiner bounces back in 60 days
Two months after EU sanctions, Russia-linked Indian refiner rebounds with government help.
India holds up mirror to West: Stop your Russian oil deals before demanding ours
Under pressure from the US, India insists its energy strategy is economic necessity, not political choice, and calls out Western double standards.