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Russia's Disrupted Oil Trade Crimps Margins for Indian Refiners

Russia's Disrupted Oil Trade Crimps Margins for Indian Refiners
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Russia's disrupted oil trade crimps margins for Indian refiners

India s state-run refiners are facing challenges as Russian oil becomes more expensive and less accessible due to higher freight rates and US sanctions. The attacks in the Red Sea by Houthi rebels have disrupted fuel trade, impacting Indian refiners and potentially eroding their competitive edge. ....

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India's Crude Oil Imports From Russia Rebound

Cheaper Russian crude compared to Middle Eastern alternatives has prompted Indian refiners to import more crude from Russia in September compared to a seven-month low in August ....

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