Russian Oil Imports: Defying Trump, Indian Companies Snap Up Purchases Despite US Tariff Threats

Russian Oil Imports: Defying Trump, Indian Companies Snap Up Purchases Despite US Tariff Threats

New Delhi: Even as the United States threatens higher tariffs, a few Indian companies have increased crude oil imports from Russia. The purchases come at a time when overall Russian oil imports into India have fallen because of international restrictions. Government-owned Indian Oil Corporation (IOC) and Nayara Energy, which is linked with Rosneft, have raised…

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