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The development comes amid surging India-Russia oil trade, which reached a record 1.6 million barrels per day in February. Russia has also become the second-largest oil supplier to India after Iraq.
NEW DELHI: Record high imports of crude oil from Russia in fiscal 2022-23 helped India's refiners boost exports of...
NEW DELHI: Record high imports of crude oil from Russia in fiscal 2022-23 helped India's refiners boost exports of...
India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year ends this month to ensure the availability of refined fuels for the domestic market, two government sources with direct knowledge of the matter said
Indian refiners are racing to buy Russian crude cargoes ahead of the EU embargo and price cap on Russian oil