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India, Russia and sanctions
Indian oil buyers pull all levers to replace Russian shipments
Indian oil refiners are urgently seeking alternatives to Russian crude, affected by recent Washington sanctions. They are turning to the spot market and engaging in discussions with Middle Eastern producers to secure long-term supplies.
U.S. sanctions hit Russian oil supply to India; BPCL says supplies may be impacted
The wide-ranging sanctions imposed by the U.S. on the Russian oil sector have started to dent near-term oil flows to India with state-owned Bharat Petroleum Corporation Ltd. (BPCL) saying not enough cargoes are available for March.
India is staring at an ‘oil shock' as U.S. sanctions on Russian crude loom
India is now staring at the possibility of an oil shock after the U.S. decided to implement sweeping sanctions on Russia’s oil industry.
Indian Oil to Rebalance Crude Buying After Russia Sanctions
Crude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow, pushing the South Asian country’s biggest refiner to seek alternatives.
US sanctions’ impact on Russian oil trade showing, Indian refiners seek more oil from Middle East
Industry officials maintain that enough oil supply is available in the global market and replacing the lost Russian oil volumes should not be difficult.
India expands Russian insurers' pool after US sanctions
India has allowed Russian insurer Soglasie Insurance Company to provide marine cover to tankers entering Indian ports, according to Indian ship regulator's website, as New Delhi wants steady supply of cheaper Russian oil despite latest U.
India Rushes to Pay for Russian Oil Ahead of Sanctions Cutoff
India’s state refiners are rushing to speed up payments for Russian crude, hoping to complete their trades before a dramatic expansion of Washington’s curbs on Moscow’s oil industry effectively comes into force next month,
India Ups Efforts To Seek Alternatives To Russian Oil
Following Russia's invasion of Ukraine in 2022, India became a major buyer of Russian crude oil that was widely sanctioned by the West. That may be about to change.
India Oil Buyers Pull All Levers to Replace Russian Shipments
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here.Oil refiners in India are reaching for all available options in the rush to make up for Russian flows hit by Washington’s latest round of sanctions,
Middlemen Have Halted Russian Oil Cargo Offers After US Sanctions, Indian Refiner Says
Middlemen supplying Russian oil are not offering cargoes due to new U.S. sanctions targeting Russian producers, tankers and insurers, according to the finance chief at Indian refiner Bharat Petroleum.
Why Indian refiners can’t access Russian oil cargoes
The recent implementation of new US sanctions targeting Russian oil producers, tankers, and insurers has created a disruption in the supply chain. Middlemen who were previously involved in supplying Russian oil to Indian refiners,
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2d
Rajoli Siddharth Jayaprakash: India and Russia Are Finding New Means of Cooperation
After a five-year hiatus, the Indian Prime Minister, Narendra Modi, visited Russia twice in 2024, reaffirming that both ...
9d
on MSN
India urges Moscow for discharge of nationals after Kerala man's death
The Indian government has taken up the issue with Russian authorities regarding the death of an Indian from Kerala serving in ...
The Economist
10d
India’s Faustian pact with Russia is strengthening
Russia also accounts for about 65% of India’s arms imports over the past 20-odd years. Besides, they argued, India needs to ...
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