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, ...

Sanctions from the European Union and United States have devastated Russia’s coal sector, causing billions in losses, ...

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

Kremlin spokesman Dmitry Peskov shrugged off the EU move, which would, at current prices, aim to cap the price of Russian crude at roughly $47.60 per barrel. Benchmark Brent futures rose marginally on ...

The EU sanctions package also bans transactions related to Russia's Nord Stream gas pipelines and its financial sector.