Indian state refiners pause Russian oil purchases, sources say
- 31-Jul-2025
NEW DELHI: India’s state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President Donald Trump warned against purchasing oil from Moscow, industry sources said. India, the world’s third-largest oil importer, is the biggest buyer of seaborne Russian crude. The country’s state refiners – Indian Oil, Hindustan […]
India cuts fuel tax, refinery prices to ease pain of rising crude, weak rupee
- 04-Oct-2018
NEW DELHI: India is cutting prices of petrol and diesel by 2.50 rupees ($0.03) a litre, Finance Minister Arun Jaitley said on Thursday, the government’s latest step to tackle the impact of a sharp rise in crude oil prices and a weak local currency. The cut includes a reduction in excise duty of 1.50 rupees […]
Saudi Aramco seeks majority stake in Indian refinery
- 19-Mar-2018
Oil giant Saudi Aramco is looking to buy a majority stake in a proposed refinery and petrochemical complex in the western Indian state of Maharashtra.
U.S., allies conduct 12 air strikes against Islamic State: Task Force
- 28-Dec-2014
WASHINGTON: The United States and its allies carried out 12 air strikes against Islamic State militants in Iraq and Syria on Saturday, the Combined Joint Task Force said.