India’s state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and U.S. President Donald Trump warned against purchasing oil from Moscow, industry sources said. India, the world’s third-largest oil importer, is the biggest buyer of seaborne Russian crude. The country’s state refiners, Indian Oil, Hindustan Petroleum, Bharat Petroleum and Mangalore Refinery Petrochemical Ltd, have not sought Russian crude in the past week or so, four sources familiar with the refiners’ purchase plans told Reuters.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Drone aimed at Eilat crashes in Jordanian territory

A drone aimed at the Israeli city of Eilat crashed into open…

Ukraine, Poland reach deal to speed up transit of cereal exports

Kyiv and Warsaw announced that they had reached a deal speeding up…

Borrell calls for EU sanctions against Israel

The EU’s foreign policy chief has said sanctions against Israel “must be…