‘Reduce China’s ability to stockpile discounted oil’: Trump admin extends sanctions waiver on Russian crude – what it means for India

‘Reduce China’s ability to stockpile discounted oil’: Trump admin extends sanctions waiver on Russian crude – what it means for India

With a sanctions waiver in place, India has in the last two months aggressively stepped up purchases of Russian crude oil. (AI image) In a U-turn on its earlier decision, the Donald Trump administration has extended the sanctions waiver on purchase of Russian crude oil at sea. The move comes two days after the earlier…

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‘Make every effort to save fuel’: Govt reiterates PM Modi’s appeal, assures there is no crisis – The Times of India

‘Make every effort to save fuel’: Govt reiterates PM Modi’s appeal, assures there is no crisis – The Times of India

The government on Monday addressed concerns related to India’s energy supplies amid the tightening situation in the Strait of Hormuz and reiterated Prime Minister Narendra Modi’s appeal to all citizens to reduce their consumption of petrol and diesel. At an inter-ministerial meeting, Sujata Sharma, joint secretary for ministry of petroleum & natural gas, said, “I…

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