All of India’s refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to US sanctions, further complicating the trade that has flourished since the invasion of Ukraine two years ago.Private and state-run processors including the biggest — Indian Oil Corp. — have stopped taking cargoes if they’re on Sovcomflot tankers,…
External Affairs Minister S Jaishankar is in Germany’s Munich for a security meeting (File). New Delhi: India and Russia share a “stable and very friendly” relationship and Moscow has “never hurt out interests”, External Affairs Minister S Jaishankar told German daily Handelsblatt this week, defending long-standing ties between the two nations as the West pushes…
Russian crude oil tankers are facing some issues in delivering cargoes at Indian ports due to the enforcement of the price cap by the Group of Seven nations and challenges with shipping, the South Asian country’s Oil Minister Hardeep Puri said Tuesday.“In the Russian case, it is a question of price cap and it is…
