Indian state refiners are reviewing their Russian oil trade documents to ensure no supply will be coming directly from Rosneft and Lukoil after the US sanctioned the companies, a source with direct ...

Oil tankers moored at the St Petersburg Oil Terminal in Russia. The terminal is a key player in Russia’s oil industry and a major logistics hub in the Baltic region. (EPA Images pic) While India ...

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Some Indian refiners are preparing to cut Russian oil imports, three sources told Reuters on Thursday, after US President Donald Trump said India had given an assurance it would stop its buying to ...

India's state-owned refiners are scrutinizing oil contracts following US sanctions on Russian firms Rosneft and Lukoil. While India has significantly increased Russian oil imports due to discounts, ...

Some refiners in India are preparing to reduce their purchases of Russian crude, Reuters has reported, citing unnamed sources in the know. The sources said the reduction would be gradual. The report ...

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Crackdown on Russian oil majors forces Indian refiners to pivot as global supply shifts Dubai: Russia’s two largest oil producers, Rosneft PJSC and Lukoil PJSC, face sweeping U.S. sanctions that put ...

Flows of Russian oil to major Indian processors are expected to fall to near zero after US sanctions on crude giants Rosneft PJSC and Lukoil PJSC, according to senior refinery executives. State ...

The Indian prime minister said he would only attend the ASEAN summit in Malaysia virtually, taking in-person talks with Donald Trump off the table and dimming hopes of a timely detente with Washington ...

Oct. 15 (UPI) --President Donald Trump on Wednesday said Indian Prime Minister Narendra Modi assured him that his nation would halt Russian oil imports. In an escalation of the trade war, Trump ...

India on Thursday once again defended its decision to buy Russian crude oil and said that it has been a consistent priority of the government to safeguard the interests of the Indian consumers in a ...