Claims tagged with "Oil"

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Extracted Claims (9)

China buys almost all of Iran’s crude oil exports, which represent 6 percent of Iran’s entire economy and are equal to half of the Iranian government’s annual budget. 0.900

👤 The author 📋 News Article 🏷️ Trade , China , Iran , Oil

Simplified: China buys almost all of Iran's crude oil exports representing 6 percent of Iran's economy

1 sources

3 days ago
There are indications that all of India’s importers of crude were already scaling back their purchases, as European countries prepared to toughen up their constraints. 0.900

👤 The author 📋 News Article 🏷️ Economy , Energy , Oil , India , Europe

Simplified: India's crude importers were scaling back purchases as European countries toughened constraints

1 sources

3 days ago
Reliance’s balance sheet is such that it does not need the Russian oil trade, and Nayara Energy might not, either. 0.800

👤 The author 📋 News Article 🏷️ Business , Energy , Oil , Russia , India

Simplified: Reliance does not need Russian oil trade and Nayara Energy might not either

1 sources

3 days ago
We are completely defenseless against energy costs, because we don’t have oil,” Mr. Saran said. 0.900

👤 Mr. Saran 📋 News Article 🏷️ Economy , Energy , Oil , India

Simplified: India is completely defenseless against energy costs because it doesn't have oil according to Mr Saran

1 sources

3 days ago
For that reason, “the government has actively encouraged the refining sector.” 1.000

👤 The author 📋 News Article 🏷️ Government , Energy , Oil , India

Simplified: The Indian government has actively encouraged the refining sector

1 sources

3 days ago
The pressure those purchases put on India’s balance of trade forces the government to take a strong interest in how its thirst for oil can be met. 1.000

👤 The author 📋 News Article 🏷️ Economy , Energy , Oil , India , Government

Simplified: Oil purchases pressure India's balance of trade forcing government interest in meeting oil needs

1 sources

3 days ago
India, home to 1.4 billion people and the world’s fastest-growing large economy, has only modest oil reserves and needs to import 85 percent of its supply. 1.000

👤 The author 📋 News Article 🏷️ Economy , Energy , Oil , India

Simplified: India has modest oil reserves and needs to import 85 percent of its supply

1 sources

3 days ago
Traditionally that meant spending hard currency in the Persian Gulf. 1.000

👤 The author 📋 News Article 🏷️ Economy , Energy , Oil , India , Persian Gulf

Simplified: India traditionally spent hard currency in the Persian Gulf for oil

1 sources

3 days ago
the Reliance refinery, which gets about a third of its crude oil from Russia. 1.000

👤 The author 📋 News Article 🏷️ Business , Energy , Oil , Russia , India

Simplified: Reliance refinery gets about a third of its crude oil from Russia

1 sources

3 days ago