US Secondary Sanctions and Petroleum Imports: Safeguarding India's Energy Security orfonline.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orfonline.org Daily Mail and Mail on Sunday newspapers.
India is expected to lead the liquids storage capacity growth in Asia, contributing about 23% of the total capacity growth between 2022-26. The country is likely to add 23.9 million cubic meters (mmcm) of liquids storage capacity by 2026, forecasts GlobalData, a leading data and analytics company. GlobalData’s report, ‘Global Liquids Storage Industry Outlook to .
The failure of India and the UAE to condemn Russia despite their supposed close ties with the U.S. highlights how Washington’s geopolitical influence is fading in the region
Asian refiners are broadly unfazed by the the Russia-Ukraine conflict and Washington’s focus on sweeping financial sanctions on Moscow as Russian oil makes up only a small portion of many Asian countries’ refinery feedstock import baskets, with many alternatives seen available. With the US and its allies blocking some Russian banks from accessing the SWIFT .