Vyacheslav Volodin, the Chairman of Russia's State Duma, announced that the trade between India and Russia is expected to reach USD 100 billion by 2030. This was stated during his meeting with Maharashtra Governor C P Radhakrishnan in Mumbai.

Indian refiners are reconfiguring their supply chains, including changing trading partners and insurers, to continue importing Russian crude oil while navigating US sanctions.

U.S. sanctions on Russia should not affect Moscow's oil trade with India, Pavel Sorokin, Russia's first deputy energy minister, said on Tuesday, while adding it was too early to assess the impact of the latest restrictions.

Russia's Deputy Minister of Energy, Pavel Sorokin, highlighted the pragmatic and respectful trade relations with India at India Energy Week 2025. Emphasizing the importance of balanced energy strategies,

Widened sanctions on Moscow by western countries including the United States have roiled global oil trade and forced buyers of discounted Russian crude to find new ways to maintain their purchases. "It is the responsibility of the supplier to deliver to me something that meets my requirements of compliance,