NEW DELHI — India could face serious economic repercussions as the United States considers a sweeping new sanctions bill that would impose a 500% tariff on countries importing Russian energy products.
NEW DELHI (AP) — India says it is looking to step up purchases of crude oil and natural gas from the U.S. as it diversifies its energy supplies and confronts criticism by U.S. President Donald Trump ...
The shift reflects New Delhi’s effort to preserve its strategic autonomy, even as it is unwilling to meet Washington’s demands, with the US linking closer trade and diplomatic ties to a cut in Russian ...
Hungarian Prime Minister Viktor Orbán said Friday that he is putting Hungary’s national interests first in rejecting a call by President Trump for all NATO allies to halt the purchase of Russian ...
Oil prices retreated in early Asian trade on Monday, edging lower after the resumption of crude exports from Iraq’s Kurdistan region and growing expectations that OPEC+ will approve another production ...
Putting tariffs on Russian oil will make it increasingly expensive for Hungary and Slovakia to maintain their energy ties with Moscow. The European Commission is working on a new proposal to impose ...
Modern cars don't have mechanical oil pressure gauges anymore, so you'll be in the dark until that moment when the low oil pressure warning light flickers on. And since no one brags about the oil ...
(Bloomberg) — President Donald Trump renewed his call for European countries to “stop buying oil” from Russia, a demand he’s linked to further US pressure on President Vladimir Putin to halt the war ...
The European Union proposed sanctions against Chinese and other foreign companies buying Russian oil, as part of a package of measures intended to show President Trump the bloc is ramping up economic ...
Despite US opposition, Indian state-owned oil refiners intend to resume full-scale purchases of discounted Russian crude, but face delays due to limited cargo availability and Moscow's focus on ...
US Treasury Secretary Scott Bessent has urged the European Union to join the US in increasing pressure on Russia, hinting at potential tariffs on nations buying Russian oil. The Trump administration ...
Halliburton Company HAL has reportedly begun cutting staff as the energy sector faces falling prices, rising costs and shifting global dynamics. The move follows a broader industry trend of layoffs as ...