While the US allowed a 30-day waiver to India to procure oil from Russia amid the ongoing conflict in Iran, India is expected to pay a heftier price for it. Traders are selling Russian Urals to India at a premium to $4-5 per barrel to Brent on a…
Category: 6. Business
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India importing more Russian oil could help, but earlier discount may not be available
The decision by the U.S. to “allow” India to import Russian oil for a period of 30 days will help mitigate the spike in the price of oil and delays in oil shipments to import-dependent India, according to analysts.
However, sources in the…
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"How long will this American blackmail go on?" Jairam Ramesh corners Centre over US waiver on Russian oil purchase
New Delhi [India], March 6 (ANI): Congress MP Jairam Ramesh on Friday cornered the Central government after the US permitted Indian refiners to purchase Russian oil, which he believed is ‘American blackmail’ on India.
In a post on X, Jairam…
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Jets top Lightning as Connor Hellebuyck outdues Andrei Vasilevskiy
(Photo credit: Terrence Lee-Imagn Images)
Connor Hellebuyck won a battle between elite goaltenders, Morgan Barron and Mark Scheifele scored second-period goals and the Winnipeg Jets topped the visiting Tampa Bay Lightning 4-1 on Thursday night.
In…
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"Hope Iran will relent and let ships go through": Shashi Tharoor as conflict affects trade through Strait of Hormuz
New Delhi [India], March 6 (ANI): Congress MP Shashi Tharoor pushed for diplomacy and negotiated settlement as the West Asia Conflict continued to escalate, hampering the trade through the Strait of Hormuz.
Tharoor, noting that Iran has the…
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"Do we need permission from US?": Congress questions Centre over sovereignty as Washington allows 30-day waiver to buy Russian oil
New Delhi [India], March 6 (ANI): Congress MP Manish Tewari on Friday questioned the Centre over sovereignty as the United States allowed a 30-day waiver for India to purchase Russian oil amid a crisis in the Gulf hampering shipping routes that…
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Assam: Locals report "loud noise and explosion" after IAF Su-30MKI crashes in Karbi Anglong district
Karbi Anglong (Assam) [India], March 6 (ANI): Following the Indian Air Force (IAF) Su-30MKI jet crash in Karbi Anglong district of Assam, locals in the area reported hearing a loud explosion
They were seen using torches and lights to aid in the…
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US grants 30-day waiver for India to buy ‘stranded’ Russian oil
Upstox Securities Pvt. Ltd.: SEBI Registration No. INZ000315837 | NSE TM Code: 13942 | BSE TM Code: 6155 | CDSL Reg No.: IN-DP-761-2024 | CIN: U65100DL2021PTC376860 | Compliance Officer: Mr. Kapil Jaikalyani. Tel No.: (022) 24229920. Email ID:
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US permits 30-day waiver for India to purchase Russian Oil, as conflict puts stress on Straits of Hormuz supply route
Washington DC [US], March 6 (ANI): With the crisis in the Gulf severely hampering shipping routes that pass through the Strait of Hormuz, the United States on Thursday (local time) allowed a 30 day waiver for India to purchase Russian Oil to meet…
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