India's stock benchmarks are set to open higher on Monday, buoyed by cooling Russian oil supply concerns after a meeting between the U.S. and Russian Presidents and an S&P ratings upgrade that affirmed the country's macroeconomic stability.

For years, India has balanced close partnerships with both Washington and Moscow, even throughout Ukraine war. Trump is finally demanding it picks a side

Petroleum and Natural Gas Minister Hardeep Singh Puri said on Sunday that India is powering its quest for energy security with a focus on strengthening and expanding energy infrastructure in the country.

Indian state refiners have started making enquiries with trading firms about purchases of Russia's Urals crude oil as discounts widen, three people with knowledge of the matter said on Thursday, ahead of a high-profile meeting of U.

US Treasury Secretary Scott Bessent criticized European countries for purchasing Indian oil products made from Russian raw materials. He also urged EU governments to "do their part" to increase pressure on that country,

India’s purchase of Russian oil has supported US policy objectives by helping stabilise global energy prices, former US Assistant Secretary of Energy Geoffrey Pyatt told CNBC-TV18. Pyatt said New Delhi’s actions aligned with the G7 price cap framework,

India's state-run Bharat Petroleum Corp has awarded a five-month tender for 10 million barrels of U.S. oil to European trader Glencore, two people with knowledge of the matter said, aiding India's efforts to deepen energy ties with Washington.