Trump sanctions fail to dent flow? India’s oil imports from Russia top cross 1 million barrels a day; show resilience

Trump sanctions fail to dent flow? India’s oil imports from Russia top cross 1 million barrels a day; show resilience

India’s imports of Russian oil are expected to cross 1 million barrels per day this December. (AI image) Donald Trump’s sanctions on Russian oil majors don’t seem to have deterred Indian refiners from procuring crude – though non-sanctioned – from Russia. India’s crude oil imports from Russia are showing resilience in December, days after Trump’s…

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Trump sanctions impact: India looks at Middle-East for oil imports; pulls away from Russian crude

Trump sanctions impact: India looks at Middle-East for oil imports; pulls away from Russian crude

​Oil market participants are intently monitoring India’s immediate and long-term acquisitions of crude oil. (AI image)​ As US President Donald Trump’s sanctions on Russian oil firms come into effect later this week, Indian refineries are already looking at the Middle-East for their crude oil supply. An increase in oil tanker bookings for Middle East-India routes…

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