Financial Market News

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

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Latest Economic News

India reduces purchases of Russian oil under pressure from the United States and refocuses on other markets


August, 08 2025

Indian refineries began actively purchasing alternative oil after the US imposed 25% duties on imports of raw materials from Russia. According to the latest data, state-owned companies Indian Oil Corp (IOC) and Bharat Petroleum (BPCL) purchased at least 22 million barrels of non-Russian oil for delivery in September and October.Since 2022, Indian refineries have barely participated in spot trading, preferring cheaper Russian oil. However, at the end of July, purchases of Russian oil were suspend... Read More

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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.