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The MEA said India remains committed to energy security for its 1.4 billion people through diversified sourcing, after the US House passed the Russia sanctions bill 262-159 on Wednesday
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India Reaffirms Energy Security Commitment For 1.4 Billion People After US...

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The bill passed 262-159. India's response was just as clear: energy security first. India on Thursday reaffirmed its commitment to ensuring energy security for its...
India, which sourced over 30% of its crude oil from Russia in FY2026, could face heightened trade pressure if the legislation is enacted
Commerce

US Senate nod to bill on Russia sanctions could hit Indian...

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Trump gets power to impose 100% tariffs on India The US Senate's approval of a bill on Russia sanctions could expose Indian exports to additional...
In May 2023, India and China accounted for almost 80 percent of Russian crude oil exports
International/ World news

India, China major consumers of discounted Russian crude; bought 80% in...

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India, China turn saviours for Russia amid Western sanctions; turns major consumer of discounted crude oil The International Energy Agency (IEA) said on Friday that...
The ratings agency noted that increasing oil prices add to the fiscal burden for the country, but it is a positive for upstream oil companies
Economy

Oil price hike positive for upstream sector; losses to prolong for...

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Natural gas business of PSU upstream companies to turn profitable: ICRA According to the rating agency ICRA, the natural gas business of PSU upstream companies...

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