Indian State-Owned Refiners Seek To Restore Russian Oil Flow
Published on: Sept. 8, 2025, 4:33 p.m. | Source: NDTV Profit
State-owned oil refiners in India want to fully revive purchases of discounted Russian crude — pushing back against US pressure — but plans have been set back by a lack of cargoes. The refiners in the South Asian nation are getting fewer offers for October-loading Russian cargoes, said the people, who asked not to be identified given the sensitivity of the trade. Barrels from Moscow had been redirected to China. Moscow’s oil is also facing heightened competition from other nations.
