Energy Shock: Indian Refiners Scramble After U.S. Sanctions on Russia

Unknown Apr 02, 2026 600 Views

Indian refiners are in a bind as new U.S. sanctions on Russian producers like Gazprom Neft disrupt discounted crude supplies. Major players such as IOC and BPCL are now seeking alternatives from the Middle East and Africa, fearing tightened global supply and rising costs. The sanctions, targeting...

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