Japan buys Russian oil amid Strait of Hormuz supply concerns
Tokyo, May 1 (IANS) Japan purchased a shipment of Russian oil on Friday, which is the first purchase since February 2022. Japan relies on West Asia for over 90 per cent of its crude oil imports, the majority of which pass through the Strait of Hormuz, and has been releasing its national oil reserves to […]
US grants 30-day waiver for India to buy Russian oil
Washington, March 6 (IANS) In a significant development, in the wake of the ongoing Iranian war, the Trump administration authorised a one-month window for India to import Russian crude oil. “President Trump’s energy agenda has resulted in oil and gas production reaching the highest levels ever recorded. To enable oil to keep flowing into the […]
India wedded to strategic autonomy: EAM Jaishankar amid US claims on Russian oil buys
Munich, Feb 15 (IANS) Amid repeated assertions from the United States regarding New Delhi’s purchases of Russian oil, India, reaffirming its “strategic autonomy”, has conveyed a clear message on the global stage that its energy decisions will be determined by availability, cost, and risk considerations. The remarks come against the backdrop of fresh US sanctions […]
