India's State-Run Refiners Ramp Up Russian Oil Buying Despite US Criticism
Published on: Aug. 20, 2025, 4:42 p.m. | Source: NDTV Profit
India’s state-run refiners have returned to buying Russian oil after a brief pause, despite the South Asian nation facing higher tariffs for the trade and a volley of criticism from Trump officials. Processors including Indian Oil Corp. and Bharat Petroleum Corp. bought some cargoes of Russian Urals over the past two days, said traders familiar with the matter who asked not to be identified because they’re not authorized to speak publicly. Shipments are for loading in September
