Facebook Pixel Not worried about US sanctions on Russia oil imports | Mint New Delhi - newspaper - Lees dit verhaal op Magzter.com

Poging GOUD - Vrij

Not worried about US sanctions on Russia oil imports

Mint New Delhi

|

July 18, 2025

India is not worried about threats of US sanctions on countries that buy Russian oil as there is enough supply in the market, petroleum minister Hardeep Singh Puri said.

- Rituraj Baruah

Addressing Urja Varta 2025, an annual upstream oil and gas conclave, Puri added that more oil would come in, easing prices further.

President Donald Trump recently said the US could impose 100% tariffs on Russia and "secondary tariffs" on countries importing its oil—mainly China and India—if Moscow didn't agree to a deal to end the Ukraine war in 50 days.

MEER VERHALEN VAN Mint New Delhi

Mint New Delhi

Mint New Delhi

Refiners raise LPG output by 10%, tie up supply from US

Indian refiners have ramped up daily domestic production of liquefied petroleum gas (LPG) by around 10% in the past few days in the face of a supply squeeze from the US-Iran war, two people aware of the development said.

time to read

3 mins

March 11, 2026

Mint New Delhi

War clouds hiring, bonus at firms with Gulflinks

Shock waves from the West Asia war have slammed hiring for roles based in Dubai, Saudi Arabia and Qatar, while companies operating in the region review expansion plans.

time to read

2 mins

March 11, 2026

Mint New Delhi

OIL ON THE BOIL: IRAN WAR VS PAST SHOCKS

When the US and Israel began bombing Iran on 28 February, crude oil prices rose but not significantly in at least a couple of days.

time to read

4 mins

March 11, 2026

Mint New Delhi

India relaxes curbs on FDI from China

Automatic nod for up to 10%; quick clearance in specific sectors

time to read

3 mins

March 11, 2026

Mint New Delhi

Equities in favour

February data from the Association of Mutual Funds in India signals a rise in equity appetite.

time to read

1 min

March 11, 2026

Mint New Delhi

Mint New Delhi

Why eateries are raising the alarm over LPG supply

The restaurant industry has raised concerns after a government order prioritizing cooking gas for household use triggered confusion over the availability of commercial cylinders used by eateries.

time to read

2 mins

March 11, 2026

Mint New Delhi

IDFC First settles ₹645-cr fraud case

IDFC First Bank said it has settled fraud claims at its Chandigarh branch of ₹645 crore and found no further discrepancies.

time to read

1 min

March 11, 2026

Mint New Delhi

Mint New Delhi

Cabinet clears final IBC amendments

The Union cabinet on Tuesday approved the final amendments to the Insolvency and Bankruptcy Code (IBC), for which legislation will be moved in the Parliament in the ongoing session, two persons familiar with the development said.

time to read

2 mins

March 11, 2026

Mint New Delhi

Has Street already priced in AU's universal banking leap?

AU's universal banking transition should help sustain growth and reduce costs.

time to read

1 mins

March 11, 2026

Mint New Delhi

Edible oil buyers seek secure supply

If successful, model can improve warnings, disaster preparedness, agricultural planning

time to read

1 min

March 11, 2026

Listen

Translate

Share

-
+

Change font size