Oil Tankers U-Turn and Buyers Go Elsewhere as Russia Sanctions Bite
On Jan. 10 the US Treasury’s Office of Foreign Assets Control sanctioned 161 tankers and traders involved in about 2,000 shipments since the invasion began. It also acted against Moscow-based ship insurers and two companies — Surgutneftgas and Gazpromneft — which in the first 10 months of last year accounted for almost 30% of Russia’s oil exports.
India's IOC buys Middle East, African oil to replace Russian supply
Indian Oil Corp (IOC) , the country's top refiner, has bought 7 million barrels of spot Middle Eastern and African crude oil via tenders, including a rare purchase of Abu Dhabi's Murban, as U.S. sanctions are expected to hit supplies from Russia,
In several sectors, China is a key supplier, and such actions could lead to increased production costs. This may also result ...
Russia also accounts for about 65% of India’s arms imports over the past 20-odd years. Besides, they argued, India needs to ...
India on Thursday became the fourth country to successfully achieve an unmanned docking in space, a feat seen as pivotal for ...
During the ongoing Russia-Ukraine war, the Russian air force has used the Tu-160M bombers to launch devastating cruise ...
The two satellites of the Indian Space Research Organization 's (ISRO) Space Docking Experiment, or SpaDex, successfully met ...
The first actual Indian mission requiring the docking capability is likely to be Chandrayaan-4, which is supposed to bring ...
OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier ...
While India may be off the unrestricted list for now, analysts say its growing technological cooperation with the U.S. may ...
Beijing has also shown its interest in Turkey's electric vehicle and energy projects. Turkey is focusing to position itself ...
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