Oil Imports
Cuba is already on the brink. Maduro’s ouster brings it closer to collapse.
Cubans are speculating about whether their government will be the next to fall, with Venezuelan oil imports now in jeopardy.
5 min read8 Jan 2026Russia and India’s complicated relationship hinges on oil
The two countries’ reliance on each other in the energy sector is coming under strain.
2 min read5 Dec 2025Russia oil imports set to drop by half in December to 1 mn bpd amid fall in fresh orders
India's crude oil imports from Russia are projected to drop sharply by nearly 47% in December.
4 min read28 Nov 2025India’s US oil imports have risen sharply: Sweetener or cost saver?
On the face of it, India’s recent surge in crude oil imports from the US may seem like geopolitics at work, but a closer look suggests we mustn’t over-interpret this data. Here’s another explanation.
1 min read29 Oct 2025Trump, Putin, and Modi: The awkward triangle of bonhomie, geopolitics, and oil
India, one of the biggest buyers of discounted Russian oil, finds itself caught between a rock and a hard place following Trump's sanctions on Rosneft and Lukoil.
5 min read26 Oct 2025Indian officials counter Trump's claim-no order to halt Russian crude imports
Global oil markets witnessed an uptick in prices on Thursday, after reaching a five-month low in the previous session, as Trump said Indian Prime Minister Narendra Modi had promised to halt purchases of Russian barrels—a move that could tighten global supply.
3 min read16 Oct 2025US pushes allies to buy American oil—but global energy markets may pay the price
Washington’s drill, export, and punish strategy risks volatility, costly refinery upgrades, and political friction for importers like India, GTRI has warned
3 min read28 Sep 2025Global oil suppliers hesitant to pay in rupees, govt tells house panel
Despite government efforts, India's oil suppliers remain hesitant to settle bills in rupees. The Parliamentary panel has urged the petroleum ministry to work with the finance ministry and RBI to remove bottlenecks, while also expanding strategic reserves to meet future demand.
3 min read18 Aug 2025India can wean off Russian oil without heavy costs
India could pivot back to West Asia oil and boost US imports, but moving away from refinery-friendly Russian crude may squeeze margins.
2 min read12 Aug 2025Nobel laureate Abhijit Banerjee on Trump tariffs: ‘India should consider whether cheap Russian oil beneficial’
Nobel laureate Abhijit Banerjee recommended that India needs to think about whether to import Russian oil amid the raging US tariffs and then ask the US about whether or not they will take the duties down if the oil import stops.
2 min read10 Aug 2025Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.