India has resumed imports of Russian Sokol oil after a two-month hiatus, with at least two refiners receiving deliveries in February. Indian state refiners had stopped buying the crude last year due to strained relations with China. The move led to over 10 million barrels of unsold Sokol oil, causing significant disruption to Russian oil trade. India s Hindustan Petroleum Corp and private refiner Nayara Energy have purchased Sokol oil this month.
The rupee gained 39 paise to 82.36 against the US dollar (22.44 against the UAE dirham) in early trade on Thursday as positive macroeconomic data strengthe..
The Indian rupee gained nine paise to 81.29 against the US dollar (22.14 against the UAE dirham) in early trade on Monday supported by broad dollar weaknes..