Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: Russian Oil Exports to India Skyrocket, Reports Foreign Minister Sergey Lavrov
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Trending Now: Stay updated with the latest breaking news from India and around the world
Russian oil exports to India have surged, says Sergey Lavrov
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Russian Oil Exports to India Skyrocket, Reports Foreign Minister Sergey Lavrov
Economy

Russian Oil Exports to India Skyrocket, Reports Foreign Minister Sergey Lavrov

Indianewsweek By Indianewsweek May 17, 2026 2 Min Read
Share
SHARE

Sergey Lavrov confirmed on Friday that Russian crude oil exports to India have significantly increased, reinforcing a strategic partnership that continues to withstand global pressures and Western sanctions. Speaking during a media briefing at the BRICS Foreign Ministers’ Meeting in New Delhi, Lavrov highlighted clear records to substantiate the rise in oil supplies to India.

“We published this data in the global media. This information shows that oil supplies to India have increased, and this doesn’t depend on us, but on our Indian counterparts,” Lavrov remarked.

India’s continued purchase of discounted Russian oil, despite ongoing Western sanctions, underscores its focus on national interests, prioritizing cost-effective fuel sources to support one of the world’s fastest-growing economies. Moscow’s confidence in its energy relationship with India suggests a solidified status as a primary crude supplier, reflecting a larger transformation in the global oil market driven by geopolitical tensions and shifting international regulations.

In a pointed critique of U.S. energy policy, Lavrov accused Washington of seeking to monopolize global energy resources while systematically excluding Russian energy corporations like Lukoil and Rosneft from international supply chains. He asserted that the aim of U.S. leadership is to control “every significant energy supply route.”

Earlier, a Russian diplomat indicated that the U.S. had enacted doctrinal policies aimed at dominating global energy markets.

The BRICS Foreign Ministers’ Meeting, taking place from May 14 to 15, features Lavrov alongside Iranian Foreign Minister Seyed Abbas Araghchi. The summit is set against a complex backdrop of internal divisions within BRICS regarding the escalating tensions in West Asia and the crisis in the Strait of Hormuz.

As regional geopolitics rapidly evolve amid tensions involving Iran, Saudi Arabia, the United Arab Emirates, and the United States, India is attempting to navigate its diplomatic stance carefully, aiming to balance its strategic interests amid the competing demands of these international and regional powers.

The report was published on May 15, 2026.

TAGGED:Economy NewsNews
Share This Article
Twitter Copy Link
Previous Article Bolivia launches early-morning crackdown on roadblocks outside La Paz Bolivia Strikes Early to Dismantle Roadblocks Surrounding La Paz in Surprise Operation
Next Article Stock Market Today Live: Stock to buy today: Triveni Turbine (₹578.45) – BUY TMPV Stock Rises 5% Amid Strong India PV Market, Brokerages Split on JLR Outlook in Q4
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

India’s crude basket price tops $120 a barrel amid West Asia war

India’s Crude Oil Basket Surges Past $120 a Barrel Amid Escalating West Asia Conflict

October 28, 2026
Q2 Results Highlights 27th Oct: Bajaj Auto Q2 PAT up 35%, Maruti Suzuki & Cipla profit down, ACC, Mazagon Dock PAT tumbles, Honeywell Automation PAT up, L&T, Vedanta Iron, Waaree Energies, SAIL, SBI Life, Tata Capital, Star Health, ABDL to announce Q2 results

Bajaj Auto’s Q2 Profit Soars 35%; Maruti, Cipla Face Decline Amid Upcoming Earnings Reports

October 27, 2026
Citi raises Paytm target price to ₹1,940, sees net profit crossing ₹3,000 crore

Citi Increases Paytm Target Price to ₹1,940, Anticipates Net Profit Surpassing ₹3,000 Crore

October 27, 2026
Expiry day nerves: Sensex, Nifty open in red as IT drags; FMCG, Defence buck the trend

Markets Wobble on Expiry Day: Sensex and Nifty Slide as IT Stocks Dampen Performance

October 27, 2026
TSF Investments’ Board approves sale of 3.7% stake in TVS Holdings

TSF Investments Board Greenlights Sale of 3.7% Stake in TVS Holdings

October 27, 2026
How Venezuela’s earthquake amputees adapt to life without limbs

Venezuela’s Earthquake Survivors Adapt to Life as Amputees in Recovery Efforts

October 27, 2026

You Might Also Like

Three-day rally snapped: IT rout and geopolitical jitters pull Nifty down
Economy

Nifty Drops as IT Sector Plummets Amid Geopolitical Concerns, Ending Three-Day Rally

5 Min Read
NHRC pulls up Haryana Police for failing to act in father’s acid attack, attempted murder of teen
Nation

NHRC Criticizes Haryana Police for Inaction in Teen’s Acid Attack and Attempted Murder Case

18 Min Read
VP to AIIMS Graduates: AI can’t replace doctor at patient’s bedside
Nation

VP Assures AIIMS Graduates: AI Will Never Replace Human Touch in Patient Care

2 Min Read
Automobile exports from India rise 14% in April-September period
Economy

Indian automobile exports up by 14% in first half of fiscal year

2 Min Read

About IndiaNewsWeek

IndiaNewsWeek is your trusted source for breaking news, in-depth analysis, and comprehensive coverage of India and the world. We deliver accurate, timely reporting across politics, economy, sports, entertainment, and technology.

contact@indianewsweek.com

Quick Links

  • Nation
  • Politics
  • Economy
  • International
  • Sports
  • Entertainment

More Sections

  • Technology
  • Auto News
  • Education
  • About Us
  • Contact
  • Privacy Policy

Stay Connected

Follow us on social media for the latest updates and breaking news.

Facebook
X (Twitter)
YouTube
Follow US
© 2026 IndiaNewsWeek. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?