Tag: oil import bill

India’s Long-Term Venezuelan Oil Imports Continue, Says Hardeep Puri

Petroleum Minister Hardeep Puri confirms India buys Venezuelan oil based on affordability, with imports resuming after US sanctions eased. Details on import volumes and strategy.

US Sanctions on Russian Oil May Raise India’s Import Costs by 2%

New US sanctions targeting Rosneft and Lukoil could increase India's crude oil import bill as the country seeks alternative suppliers amid growing international pressure.