The US has imposed a 25% tariff on Indian goods and threatened to double it to 50% from August 27. However, Russia is offering India a 5% discount on oil supplies, making it cheaper than alternatives ...

Russia will continue to supply oil to India, now at a 5 percent discount, despite the pressure and sanctions on the latter ...

Amid ongoing talks to end the Russia-Ukraine war, White House press secretary Karoline Leavitt said that US President Donald Trump imposed tariffs on India to end the Russia-Ukraine war. At a press ...

Indian Oil Corp. and Bharat Petroleum Corp. bought several shipments of Russian Urals crude in recent days, with deliveries expected in September and October.

TOKYO—In return for billions of dollars of investment pledges and promises to buy more American goods, U.S. allies in Asia and Europe say President Trump agreed to lower tariffs on key exports such as ...

Chinese refineries secured at least 15 new cargoes of Russian crude for October and November, ranging from 700,000 to 1 million barrels.