India Requests Refiners to Join Long-Term Oil Deal with Russia
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#e5f037fa ver:0.26

Indian refiners request long-term oil deal with Russia to secure a third of their supply at a fixed discount, shielding India's economy from volatile oil prices. US sanctions on Russia have led to increased purchases of US crude by Indian refiners, reducing Russian oil imports. US officials clarify they haven't asked India to reduce imports of Russian oil, but focus on restricting Russia's ability to finance the war in Ukraine. China's imports of Russian oil reach near-record high, while Iran's oil exports reach a six-year high, mostly to China. Russia becomes indispensable to India as a trade partner and shield to its oil economy. #India #Russia #OilTrade #USsanctions #China #Iran...

#newstr #India #Russia #OilDeal #StaterunOilRefiners #RelianceIndustriesLtd #LongtermSupplyDeal #VolatilePrices #UsSanctions #CrudeOil #Discount 

 https://here.news/story/e5f037fa?ver=0.26