No oil from Russia soon? Trump sanctions to hit India’s crude imports; ‘all but impossible for flows to continue’

Indian refiners anticipate a significant decline in Russian oil imports, potentially even reaching zero. (AI image) The Donald Trump administration’s latest move to sanction major Russian oil firms Rosneft PJSC and Lukoil PJSC will likely make it almost impossible for India to continue procuring crude from Russia. Analytics firm Kpler reports that Russian oil made […]

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‘100% tariff’: US official says Trump proposed higher duties on Russian oil buyers India, China in EU talks – Report

US president Donald Trump (AP photo) United States is considering expanding tariffs on countries that buy Russian oil, including India, but only if the European Union takes similar steps, a US official told news agency AFP on Tuesday. According to the report, dialling in to talks between US and EU officials, president Donald Trump suggested […]

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‘100% tariff’: US official says Trump proposed higher duties on Russian oil buyers India, China in EU talks – Report

US president Donald Trump (AP photo) United States is considering expanding tariffs on countries that buy Russian oil, including India, but only if the European Union takes similar steps, a US official told news agency AFP on Tuesday. According to the report, dialling in to talks between US and EU officials, president Donald Trump suggested […]

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