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India Pauses Russian Crude Oil Purchases
By Charles Kennedy - Jul 31, 2025, 10:00 AM CDT
Indian state refiners have temporarily ceased purchasing Russian crude oil this week, primarily due to concerns over potential secondary tariffs threatened by U.S. President Donald Trump and reduced discounts on Russian oil.
This decision by state-controlled refiners, which represent over 60% of India’s refining capacity, marks a shift from their regular imports of Russian oil since 2022.
Indian refiners are now seeking alternative crude supplies from the Middle East and West Africa and have requested urgent guidance from the Indian oil ministry regarding future Russian oil flows. |
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发表于 2025-7-31 10:45 AM
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