russian crude oil

India second largest importer of Russian crude oil in October; China ranks first – when will impact of Trump’s sanctions be seen?

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Despite US objections, India continues to be a major buyer of Russian crude oil, ranking second globally in October with $2.5 billion in purchases. This ...

‘Absolutely not going to discontinue’: IOC to keep importing Russian oil despite US curbs

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Indian refiners are assessing new US sanctions on Russian oil companies. Despite the measures, purchases of Russian crude may continue. This is because sanctions target ...

No impact of Trump pressure? Russia remains India’s main crude oil supplier; most economical option for Indian refiners

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India’s crude oil imports from Russia slightly decreased in September but still comprised over one-third of its total acquisitions, with Russia remaining the top supplier. ...

Trump’s 50% tariffs: Indian refiners may trim Russian crude purchases; but India signals no plans to stop Russia oil trade

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Indian refiners plan to slightly decrease Russian crude oil imports in the coming weeks. While maintaining energy ties with Moscow, projected purchases will fall from ...