Indian state refiners halt Russian oil purchases amid Trump warnings, turning to Middle Eastern and West African grades.

Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President ...

New European Union sanctions targeting Russia's oil industry will reshuffle global diesel flows for the second time since ...

The halt on Russian oil purchases is followed by a drop in discounts on Russian crude to their lowest levels since 2022, ...

A number of oil tankers carrying Russian crude are currently waiting off India's western coast, raising concerns over New ...

The European Union's sweeping sanctions against Russian oil exports have started affecting Indian entities. The EU has ...

Private refiners Reliance Industries, and Nayara Energy are the biggest Russian oil buyers in India, but state refiners ...

This trend is largely attributed to competitive pricing and alternative transport corridors that bypass high-risk zones such ...

But, in the recent past, crude sourcing by India has been all about economics — cheap oil. India imports much of its crude ...