March 12, 2026
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The United States may consider easing additional tariffs on Indian goods after a sharp decline in India’s imports of Russian crude oil, U.S. Treasury Secretary Scott Bessent indicated on Friday. Speaking at the World Economic Forum, Bessent said India’s reduced purchases of Russian oil marked a “success,” opening a potential pathway to roll back the […]Continue Reading
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Reliance Industries Ltd has announced that it has halted the processing of Russian crude oil at its Special Economic Zone (SEZ) refinery in Jamnagar, Gujarat, in order to comply with new European Union sanctions. The SEZ unit, which exports fuels like petrol, diesel and aviation turbine fuel to markets including Europe and the United States, […]Continue Reading
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