Most Indian oil refiners skip buying Russian crude for December
Published on: Nov. 11, 2025, 2:27 p.m. | Source: The Economic Times
India's major refiners have halted December orders for Russian crude, signaling a significant shift in purchasing habits. This move follows increased US tariffs on Indian imports and sanctions on Russian oil giants, impacting India's reliance on discounted Russian oil amid accusations of funding the Kremlin's war.
