Versuchen GOLD - Frei
Most of $3-billion Russian crude at sea India-bound
Financial Express Pune
|March 16, 2026
NEW DELHI MAY BUY 50 MN BARRELS OF STRANDED URALS
INDIA COULD ABSORB a significant portion of the 6.9 million tonne of Russian oil (50.577 million barrels) worth €2.3 billion ($2.99 billion) currently stranded at sea, as disruptions to oil flows in the Strait of Hormuz and a US waiver for Russian barrels give Moscow a strategic opening to find buyers for its crude.
At its peak in mid-2024, India’s imports of Russian oil exceeded 2 million barrels per day. By February 2026, purchases had fallen to about 1.06 million barrels per day, according to analytics firm Kpler, as India curtailed imports under pressure from Washington. Analysts, however, predict a rebound following the US waiver and the availability of stranded cargoes.
Diese Geschichte stammt aus der March 16, 2026-Ausgabe von Financial Express Pune.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Financial Express Pune
Financial Express Pune
'AI's rapid rise to power the next infrastructure wave'
Redington is evolving from a pure-play distributor to a technology ecosystem orchestrator under its “Unlock Next” strategy, emphasising digital platforms, services and value-added solutions beyond traditional inventory and logistics. This shift addresses the rise of cloud, SaaS, AI and cybersecurity, where software now drives a larger share of the distribution industry. In this interview, VS Hariharan, Group CEO, Redington, speaks to Sudhir Chowdhary on its transformation journey and expansion plans. Excerpts:
2 mins
March 16, 2026
Financial Express Pune
Pune to get more metro rail routes in May, July: CM
PUNE WILL GET additional metro rail routes in May and July, Maharashtra Chief Minister Devendra Fadnavis said on Sunday.
1 min
March 16, 2026
Financial Express Pune
Trump warns of more strikes on Kharg Island
US WANTS ALLIES' WARSHIPS FOR HORMUZ AS OIL PRICES RISE
2 mins
March 16, 2026
Financial Express Pune
Crude oil prices to drive market this week: Analysts
DEVELOPMENTS SURROUNDING
1 min
March 16, 2026
Financial Express Pune
The cup runneth over
BRANDS ARE PADDING UP THIS IPL SEASON WITH HUMOUR, NOSTALGIA AND MICRO-CREATIVES
1 mins
March 16, 2026
Financial Express Pune
Profit-booking leads to selloff in corp bond funds
NET OUTFLOWS OF ₹21,194 CRORE REPORTED IN LAST 3 MONTHS
1 mins
March 16, 2026
Financial Express Pune
Half-open shutters: When the breakfast rush turns timid
The local food service economy struggles due to a shortage of gas, triggered by the war in West Asia
3 mins
March 16, 2026
Financial Express Pune
Meta needs to do more on AI deepfakes
META'S OVERSIGHT BOARD has called for an overhaul of the social media giant’s content moderation policies to address AI-generated deepfakes and misinformation, especially during armed conflicts and crises.
1 min
March 16, 2026
Financial Express Pune
Change is in the air with new Income-Tax Act from April 1
THE COMING FINANCIAL year is expected to mark a significant shift in India's income tax framework with the introduction of Income-tax Act 2025 and the proposed Income-tax Rules 2026, scheduled to take effect from April 1, 2026.
1 mins
March 16, 2026
Financial Express Pune
Weight-loss drug market to touch ₹5,000 cr by 2030: CareEdge
THE WEIGHT-LOSS DRUGS market in India is projected to grow to around ₹5,000 crore by 2030, up from ₹1,000 crore at present, according to a report by CareEdge Ratings.
1 min
March 16, 2026
Listen
Translate
Change font size