India's significant purchases of Russian oil are concluding. Last supertankers are en route before U.S. sanctions take effect. This marks a shift after three years of buying discounted Russian crude. Indian companies are preparing to comply with new rules to avoid penalties. Nayara Energy's situation remains complex due to its ownership structure.
As US sanctions on Russian oil loom, India prepares to end its crude buying spree
The Economy Times Industry2 hrs ago
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