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ArticleRelief for India as US puts off tar­iffs over Rus­sia oil

US Pres­id­ent Don­ald Trump on Fri­day used a waiver pro­vi­sion in the Gra­ham Act to hold off tar­iffs of up to 100% that the law would oth­er­wise have triggered against India and four other coun­tries for buy­ing Rus­sian oil and gas, in an...

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ArticleState-run OMCs selling up to 5% blen­ded diesel

State-run refiners are selling up to 5% biod­iesel blen­ded diesel in cer­tain retail out­lets in the coun­try depend­ing on avail­ab­il­ity even as inter­na­tional fuel prices have zoomed because of the war in West Asia, for­cing private pumps to...

ArticleWash­ing­ton’s move may offer only tem­por­ary relief to Indian refiners

Wash­ing­ton’s decision to hold off tar­iffs of up to 100% that a new US sanc­tions law would have triggered against India for buy­ing Rus­sian oil offers only tem­por­ary relief, people famil­iar with the mat­ter said, as Indian refiners have already...

ArticleTrump takes waiver route

“I am hereby waiv­ing the applic­a­tion of such sanc­tions, restric­tions, and duties provided for in the Gra­ham Act. I have sub­mit­ted to the Con­gress a cer­ti­fic­a­tion that the issu­ance of such a waiver at this time is in the national interests...