May 12, 2026

Russian crude oil discounts

‘We are getting signals’: Russia says India hints ‘renewed interest’ in more crude imports amid Iran crisis – The Times of India

‘We are getting signals’: Russia says India hints ‘renewed interest’ in more crude imports amid Iran crisis – The Times of India

admin06 mins

Russia on Tuesday claimed that India has signalled “renewed interest” in importing larger volumes of Russian crude oil as disruptions mount in global energy supplies following the closure of the Strait of Hormuz after US and Israeli strikes on Iran.The Strait of Hormuz, the world’s most critical oil shipping chokepoint, has been facing disruptions after…

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Discounts double! Indian refiners to step up Russia crude oil imports in coming months; increase despite Trump pressure – The Times of India

Discounts double! Indian refiners to step up Russia crude oil imports in coming months; increase despite Trump pressure – The Times of India

admin03 mins

In August, the Donald Trump administration announced 50% tariffs on US imports of Indian products. (AI image) India is set to ramp up imports of Russian crude in the coming months at a time when the US has imposed 25% additional tariffs on it for Russian oil trade. Indian refiners plan to increase Russian oil…

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