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Nidhi Verma
U.S. forces patrol the Arabian Sea near the Touska, an Iranian-flagged cargo ship, on Monday.
WORLD
Apr 23, 2026
U.S. intercepts three Iranian oil tankers in Asian waters, sources say
Washington has imposed a blockade on Iran’s trade by sea while Iran has fired ‌on ships ‌to prevent them sailing through the Strait of Hormuz.
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi attend a meeting in New Delhi in December last year.
ASIA PACIFIC / Politics
Mar 28, 2026
Trump’s Iran war pushes India to rekindle old friendship with Russia
Sources say India is considering buying crude oil from Russia, which would be in violation of Western sanctions, as fuel prices skyrocket.
Russian President Vladimir Putin and Indian Prime Minister Narendra Modi attend a meeting on the sidelines of the Shanghai Cooperation Organization (SCO) summit in Tianjin, China, on Sept. 1.
WORLD / Politics
Dec 2, 2025
Russia’s Putin seeks to boost energy and defense exports with India visit
India’s crude imports are set to hit a three-year low this month, after the tightening of sanctions on Russia that coincide with its growing purchases of U.S. oil and gas.
Japan Times
BUSINESS
Feb 8, 2023
Lost Russian oil revenue is bonanza for shippers and refiners
Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars toward shipping and refining firms, some with Russian connections.
Japan Times
BUSINESS
Jan 14, 2023
Russian oil delivered to Asia in Chinese supertankers amid ship shortage
At least four Chinese-owned supertankers are shipping Russian Urals crude to China as Moscow seeks vessels for exports after the G7 enacted a price cap on the country’s oil.
Japan Times
WORLD
Jun 23, 2022
Russian oil tankers get India safety cover via Dubai company
India, which has refrained from condemning Russia given its longstanding security ties, has sharply boosted Russian crude oil purchases in recent months.
Japan Times
BUSINESS / ANALYSIS
Jun 1, 2022
Indian private refiners profit from cheap Russian crude as state refiners suffer
Private refiners have helped drive total Indian fuel exports 15% higher in the first five months of 2022 compared with the same period in 2021.
Japan Times
BUSINESS
May 25, 2022
Insurance is Russian oil’s Achilles’ heel
Insurers from Europe and the United States, which dominate the international marine market, are curtailing coverage for Russian oil tankers, industry sources say.

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