Trump sanctions: Indian refiners stop placing new orders for Russian oil; await clarity from govt

Indian oil refiners are halting new Russian crude orders following fresh US and EU sanctions targeting Russian energy giants. This strategic shift, driven by a need for clarity and payment facilitation, sees India increasing imports from the US and Middle Eastern nations.

Trump sanctions: Indian refiners stop placing new orders for Russian oil; await clarity from govt
Indian oil refiners are halting new Russian crude orders following fresh US and EU sanctions targeting Russian energy giants. This strategic shift, driven by a need for clarity and payment facilitation, sees India increasing imports from the US and Middle Eastern nations.