Close Menu
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

DeepMind CEO Says AI Can Make You Sharper — or Slowly Dull Your Brain

February 20, 2026

Dow Jones & Nasdaq 100 Steady as Oil Hits 7-Month High

February 20, 2026

OpenAI Offers $15,000 and Support Resources to Staff Affected by ICE

February 20, 2026
Facebook X (Twitter) Instagram Threads
Oil Market Cap – Global Oil & Energy News, Data & Analysis
  • Home
  • Market News
    • Crude Oil Prices
    • Brent vs WTI
    • Futures & Trading
    • OPEC Announcements
  • Company & Corporate
    • Mergers & Acquisitions
    • Earnings Reports
    • Executive Moves
    • ESG & Sustainability
  • Geopolitical & Global
    • Middle East
    • North America
    • Europe & Russia
    • Asia & China
    • Latin America
  • Supply & Disruption
    • Pipeline Disruptions
    • Refinery Outages
    • Weather Events (hurricanes, floods)
    • Labor Strikes & Protest Movements
  • Policy & Regulation
    • U.S. Energy Policy
    • EU Carbon Targets
    • Emissions Regulations
    • International Trade & Sanctions
  • Tech
    • Energy Transition
    • Hydrogen & LNG
    • Carbon Capture
    • Battery / Storage Tech
  • ESG
    • Climate Commitments
    • Greenwashing News
    • Net-Zero Tracking
    • Institutional Divestments
  • Financial
    • Interest Rates Impact on Oil
    • Inflation + Demand
    • Oil & Stock Correlation
    • Investor Sentiment
Oil Market Cap – Global Oil & Energy News, Data & Analysis
Home » Russia claims India-US understanding on crude import volumes, ETEnergyworld
Oil & Stock Correlation

Russia claims India-US understanding on crude import volumes, ETEnergyworld

omc_adminBy omc_adminFebruary 20, 2026No Comments2 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


<p>India's oil purchases from Russia are continuing. The Russian foreign ministry stated these imports ensure global energy security. India's decisions are based on national interests and commercial feasibility. </p>
India’s oil purchases from Russia are continuing. The Russian foreign ministry stated these imports ensure global energy security. India’s decisions are based on national interests and commercial feasibility.

India’s oil purchases ensure global energy security, the Russian foreign ministry has affirmed, indicating that New Delhi continues to purchase oil from Moscow.

“India has repeatedly expressed its position to the leaders of this state and in contact with Russian colleagues,” Russian foreign ministry spokesperson Maria Zakharova said.

“Oil purchases are guided exclusively by national interests, taking a sovereign decision based on commercial feasibility,” she said on Wednesday evening. “I think that neither we nor you have a reason to believe that India has revised its approach.”

There are reports that India will continue to purchase certain volumes of Russian crude rather than halting imports entirely, in an understanding with Washington. India has reduced imports of Russian oil while it negotiates the legal text of the trade deal with the US. India may still maintain minimum Russian crude oil imports of around one million barrels per day. During the Biden administration, the US was of the opinion that Indian Russian oil imports help to maintain global energy stability.

Earlier, New Delhi defended its oil trade with Russia, arguing that its decisions are guided by national interests and the need to ensure energy security for its population of 1.4 billion.

In his X post following the phone call with US President Donald Trump, Prime Minister Narendra Modi did not make any mention of Russian crude purchases.

A joint statement by the US and India on a trade framework also made no mention of Russian oil.

Moscow has no information about India halting purchases of Russian oil, foreign minister Sergey Lavrov said earlier this month. Russia continues to be the largest oil supplier to India, Denis Alipov, Moscow’s envoy in New Delhi, has said.

Published On Feb 20, 2026 at 08:27 AM IST

Join the community of 2M+ industry professionals.

Subscribe to Newsletter to get latest insights & analysis in your inbox.

All about ETEnergyworld industry right on your smartphone!



Source link

Share. Facebook Twitter Pinterest Bluesky Threads Tumblr Telegram Email
omc_admin
  • Website

Related Posts

India’s spend on Russian oil falls to €2 billion, half of China’s €4 billion in Jan, ETEnergyworld

February 20, 2026

Oil closes at six-month high on US-Iran conflict worries, ETEnergyworld

February 20, 2026

Bharat Petroleum, HMEL turn to Venezuelan crude as India reduces Russian oil purchases: Report, ETEnergyworld

February 19, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Federal Reserve cuts key rate for first time this year

September 17, 202513 Views

Inflation or jobs: Federal Reserve officials are divided over competing concerns

August 14, 20259 Views

Oil tanker rates to stay strong into 2026 as sanctions remove ships for hire – Oil & Gas 360

December 16, 20258 Views
Don't Miss

Cameroon offers nine exploration blocks in 2025–26 licensing round across two proven basins

By omc_adminFebruary 20, 2026

Cameroon has opened bidding for nine oil and gas blocks as part of its 2025–26…

bp renews long-term offshore O&M contract in Azerbaijan’s Caspian Sea

February 19, 2026

5 Reasons workforce longevity drives sustainable business performance

February 19, 2026

Texas producers gain access to new electricity procurement platform through TIPRO partnership

February 19, 2026
Top Trending

Ontario Teachers’ Pension Plan Replaces Portfolio Emissions Reduction Goal with New Climate Investment Target

By omc_adminFebruary 19, 2026

Climate-driven snow drought set stage for deadly California avalanche, experts say | California

By omc_adminFebruary 19, 2026

EY Launches Framework to Help Companies Embed Sustainability Across the Enterprise

By omc_adminFebruary 19, 2026
Most Popular

AI’s Next Bottleneck Isn’t Just Chips — It’s the Power Grid: Goldman

November 14, 202514 Views

The 5 Best 65-Inch TVs of 2025

July 3, 202514 Views

The Layoffs List of 2025: Meta, Microsoft, Block, and More

May 9, 202510 Views
Our Picks

Centrica Shares Slump | Rigzone

February 19, 2026

Russian Oil Hits Smallest Share of India Imports Since Late 2022

February 19, 2026

Aramco, Microsoft Sign AI MOU

February 19, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2026 oilmarketcap. Designed by oilmarketcap.

Type above and press Enter to search. Press Esc to cancel.