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India’s largest conglomerate stops Russian oil imports amid global pressure

November 22, 2025 Gati Shakti Terminal, Global Trade, Import, Trade, Trending News
NEW DELHI : India’s largest conglomerate Reliance Industries, owned by billionaire Mukesh Ambani, has stopped importing Russian crude oil for its export-only refining unit at Jamnagar in the western state of Gujarat. The move

“Will undoubtedly buy”: FM Sitharaman says Russian oil suits India’s needs

September 8, 2025 Fuel, Economy, Export - Import, Finance, Global Trade, Tax, Trade, Trending News
NEW DELHI : Union Finance Minister Smt. Nirmala Sitharaman on Friday said that India will continue purchasing Russian oil, stressing that decisions will be guided solely by national interest. “Whether it is Russian oil

India will buy oil from wherever it gets ‘best deal’: Indian Ambassador slams US Tariffs…

August 25, 2025 Fuel, Global Trade, Trade, Trending News
MOSCOW : India will continue buying oil from wherever it gets the “best deal” and “take measures” to protect its national interest amid US tariffs, said India’s Ambassador to Russia, Vinay Kumar, in an

Indian state refiners pause Russian oil purchases, sources say

August 1, 2025 Fuel, Global Trade, Oil Refinery, Trade, Trending News
NEW DELHI : India’s state-owned oil refiners have not imported Russian crude over the past week as discounts have narrowed and U.S. President Donald Trump warned that buyers of Russian oil could soon face

India ship regulator to take government advice on sanctioned Russian oil vessel

November 20, 2023 International Shipping, Import, Maritime, Ports, Shipping, Trending News
NEW DELHI : India’s shipping ministry will follow foreign ministry advice when deciding whether to allow a ship carrying Russian oil that has been placed under U.S. sanctions to berth at an Indian port,

Oil trade in rupee can be ‘game changer’ for India

May 2, 2023 Trade, COMMERCE, Economy, Trending News
NEW DELHI : India’s imports of Russian oil using rupees can set off a virtuous cycle of a stronger domestic currency and lower inflation, which can boost long-duration assets such as growth stocks and



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India Shipping News is an Online Web Portal which delivers fastest and most relevant current news on Shipping, Logistics, Maritime and Export- Import industry.

Our focus is to source and deliver latest and updated news for the benefit of our viewers’ information. We are here to share authentic and foremost news on regular basis. In presenting cutting-edge information on latest happenings, topical issues, and current trends in the industry in the most possible way. We constantly make efforts to satisfy our viewers with the news related to Shipping / Ports/ Maritime/ Logistics / Trade/ Economy / Export-Import and all the other current updates too.

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