Trump sanctions on Russia oil firms: What does US move mean for Indian refiners? Contracts being reviewed

Oct 23, 2025 - 14:00
Trump sanctions on Russia oil firms: What does US move mean for Indian refiners? Contracts being reviewed

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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, refiners are verifying supplies don't directly originate from sanctioned entities.

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