India's oil import costs may rise if Russian oil purchases cease. A State Bank of India report suggests a potential increase of USD 9-12 billion. Russia currently supplies 10% of global crude. India ...

The report noted that if India halted oil imports from Russia for the rest of FY26, the fuel bill might increase by USD 9 billion in FY26 and USD 11.7 billion in FY27 due to increase in prices.

WASHINGTON/LONDON (Reuters) -From punishing Brazil to trying to curb imports of fentanyl, U.S. President Donald Trump has ...

The US has raised tariffs on India citing Russian oil, but analysts point to trade demands, a double standard, and Trump’s ...

When asked by journalists, “Is your deadline still standing for Vladimir Putin to agree to a ceasefire tomorrow?” Trump ...

India has suspended negotiations for six Boeing P-8 maritime patrol aircraft as US tariffs over Russian oil imports strain ...

OIL prices fell on Friday, heading for their steepest weekly losses since late June as the latest round of U.S. tariffs ...

If all countries stopped buying from Russia, crude oil prices could rise by around 10 per cent, provided no other countries ...

India may face a $12 billion fuel bill spike if it halts Russian oil imports, SBI warns. Discounted crude helped Russia ...