... suppliers to India from the Middle East redirected most oil volumes to the European market following the onset of the Ukrainian crisis, compelling New Delhi to seek alternative sources. The Indian side emphasized that approximately 40% of its total oil imports ... ... India’s key priority is to ensure affordable energy prices for its population and economy. Purchasing Russian oil helps curb fuel price increases in the domestic market. The West trades with Russia: In New Delhi, it was reminded that EU countries still ...

... will not reduce imports of Russian crude, which is vital for the country's energy security. After the onset of the Ukrainian crisis, traditional Middle Eastern suppliers to India pivoted their oil to the European market, prompting New Delhi to seek new ... ... even after the implementation of American tariffs. National Interests Above All: India's key priority is to ensure affordable fuel prices for the population and the economy. Importing oil from Russia helps keep gasoline and diesel prices in check on the ...

... announcement to reinstate the ban, they resumed their upward trend when the ban was implemented last week. The price surge began in May, with the largest increase observed in AI-95 gasoline. Its prices have approached levels last seen during last autumn's fuel crisis. Since the export ban's reinstatement was announced on July 23, AI-95 prices have fallen by just 1,000 rubles to 74,047 rubles per ton. This remains a very high level. In comparison, AI-92 prices have dropped by 3,000 rubles to 54,720 rubles ...

... assessing the potential impact of restrictions on the revenues of oil companies , while agrarians and transporters are hoping for a prompt reduction in gasoline and diesel prices domestically. The government, in turn, signals that it will not allow a fuel crisis: additional tools, such as subsidizing fuel transportation to remote regions or temporarily reducing excise taxes, may be activated if necessary. Coal Industry: Record Production and Controlled Demand The global coal sector continues to remain ...

... suppliers from the Middle East redirected their main oil volumes to the European market following the onset of the Ukrainian crisis, thus necessitating that New Delhi seek alternative sources. Furthermore, Indian officials emphasize that the Western states ... ... priority is ensuring affordable energy costs for the population and its economy. Purchasing Russian oil helps to curb rising fuel prices in the domestic market. The West Itself Traded with Russia: New Delhi reminds that EU countries still import gas, ...