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India, Russian oil and US Treasury

US Treasury chief Bessent accuses India of profiteering on Russian oil purchases

U.S. Treasury Secretary Scott Bessent on Tuesday accused India of profiteering from its sharply increased purchases of Russian oil during the war in Ukraine, saying Washington viewed the situation as unacceptable.

· 2h · on MSN

Scott Bessent Clarifies Why Trump Penalized India, Not China, Over Russian Oil Purchase—'Indian Arbitrage...Unacceptable'

· 13h · on MSN

'They are just profiteering': US treasury fires fresh salvo at India’s rich over Russian oil

· 8h

India’s Russian oil imports slide in July

As Imports of Discounted Russian Crude Oil Takes a Sharp Hit in the Month of July...

Asian News International · 19h

"Opportunistic arbitrage is unacceptable": US Treasury Secy on India's Russian oil trade

India Today · 17h

Spare China but hit India: US Secretary of State defends Russian oil hypocrisy

· 3h

Russia expects India to keep buying its oil and seeks China-India-Russia talks

The Indian foreign ministry did not immediately reply to an emailed request for comment. It has previously said the U.S. decision to single out India for Russian purchases was "extremely unfortunate"...

· 3h

Russia To Keep Oil Supplies Flowing To India At 5% Discount Amid Trump Tariffs

· 4h

Russia Offers 5% Discount On Oil To India Amid Trump's Tariff Tensions

16h

Daily on Energy: Bessent bashes India, offshore leasing schedule set, and Endangerment Finding hearings

We are following the discussions regarding a peace deal between Russia and Ukraine, and what the negotiations might mean for global energy markets.

Al Jazeera on MSN54m

Did Trump’s tariff war force India and China to mend ties?

China and India have agreed to resume trade ties and move towards resolving their longstanding border dispute.

The Japan Times5h

Modi hails China ties as Washington takes swipe at India's 'richest families'

New Delhi has been recalibrating its foreign policy more toward China and other BRICS group members after U.S. President Donald Trump threatened to boost tariffs.

6hon MSN

'Since when is profit a crime?': Ex-Foreign Secretary blasts US for calling India's oil trade profiteering

Former Foreign Secretary Kanwal Sibal on Wednesday rejected US accusations that India is "profiteering" from Russian oil, calling the claim "pure humbug" and accusing Washington of double standards in its own energy practices.

India’s ‘richest families’ benefitting from reselling Russian oil, claims US

New Delhi’s imports of oil from Russia had jumped from less than 1% before the war to 42%, claimed United States Treasury Secretary Scott Bessent.