The Donald Trump-led US administration on Wednesday announced sanctions on Rosneft and Lukoil, Moscow's two biggest oil producers. (Photo: NDTV Profit) Show Quick Read Summary is AI Generated. Newsroom Reviewed
The Indian government is reviewing the fallout of latest US sanctions on two major Russian oil firms, even as officials downplayed any significant fallout for domestic energy supplies.
According to sources, the Ministry of Oil and Petroleum is assessing the potential impact on state-run oil marketing companies, though initial evaluations suggest the effect will be limited given India's current sourcing patterns.
The Donald Trump-led US administration on Wednesday announced sanctions on Rosneft and Lukoil, the two Russian oil firms which are reportedly linked to the supply of