Indian Oil Resumes Russian Crude Purchases From Non-Sanctioned Suppliers Amid U.S. Pressure

Indian Oil Corporation (IOC), India’s largest refiner, has procured five cargoes of Russian crude for December delivery from non-sanctioned suppliers, according to trade sources. The decision marks IOC’s cautious resumption of Russian oil purchases following heightened U.S. sanctions targeting Moscow’s energy sector.The latest sanctions, imposed by Washington on major Russian oil producers
Indian Oil Corporation (IOC), India’s largest refiner, has procured five cargoes of Russian crude for December delivery from non-sanctioned suppliers, according to trade sources. The decision marks IOC’s cautious resumption of Russian oil purchases following heightened U.S. sanctions targeting Moscow’s energy sector.The latest sanctions, imposed by Washington on major Russian oil producers
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