Indian Refiners Pivot Away From Russian Oil
By Alex Kimani - Nov 01, 2025, 6:00 PM CDT Indian refiners are moving away from Russian oil following new U.S. sanctions, opting for more expensive U.S. and Middle Eastern grades to avoid repercussions. The sanctions have reduced the attractiveness of Russian oil by narrowing discounts and increasing transaction risks,…
bubmagNovember 2, 2025