Sunday, February 8, 2026

India's Russian oil buy to dwindle, some irreplaceable imports to continue for now

India is reportedly scaling back crude oil purchases from Russia following a trade agreement with the United States, which saw the rescinding of a 25% duty on Indian imports. While some refiners have already stopped buying Russian oil, others will wind down existing commitments, with Nayara Energy being a notable exception due to existing sanctions.

from Top Energy News | Latest Energy Industry Information and Updates: ET EnergyWorld : ETEnergyworld.com https://ift.tt/3C7F8uS

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