India will continue to secure oil from the most competitive suppliers, stressed the Indian envoy, who strongly criticized US tariffs as “unfair” and “unjustified.” This powerful declaration underscores India’s steadfast determination to meet its energy demands despite escalating global tensions
India has firmly rejected the U.S. penalty on its Russian oil imports, standing up for its sovereign right to trade freely. Officials told UPI.com that open dialogue is essential to resolve these differences and move forward together
Russia’s crude oil shipments have dropped to their lowest level since February, underscoring the ongoing challenges shaking the global energy market. This steep fall exposes growing export pressures driven by rising geopolitical tensions
Data from Reuters reveals that Russian oil shipments have dramatically slashed OPEC’s share of India’s crude imports to an all-time low. This significant shift underscores India’s increasing reliance on non-OPEC sources as the global energy landscape continues to evolve and fluctuate
India’s oil import dependence has surged to a record high, exacerbated by rising domestic demand and limited local production. This trend poses significant economic challenges and highlights the need for strategic energy policy reforms.
