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149 new news items in the last 24 hours
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  2. International

Refineries in India, including Reliance Industries, are preparing to reduce oil imports from Russia, following the sanctions imposed by the US on Lukoil and Rosneft.

Raluca Ioana Draghici
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23 October 2025, 08:59
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Refineries in India, especially Reliance Industries, the largest Indian buyer of Russian oil, are preparing to significantly reduce imports of crude from Russia, following sanctions imposed by the United States on Lukoil and Rosneft. These measures are part of efforts to limit Moscow's revenues for financing the war in Ukraine. Reliance has stated that it will align with the Indian Government's directives regarding the recalibration of Russian oil imports. State refineries in India are reviewing trade documents to ensure that deliveries do not come directly from the sanctioned companies. Although a significant reduction in imports is expected, some shipments will continue to reach the market before the deadline set by the U.S. India has become the largest buyer of Russian oil, importing approximately 1.7 million barrels per day in the first nine months of the year.

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Lovitură dură pentru Rusia. India reduce masiv importurile de petrol după sancțiunile lui Trump
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EVZ.ro
India ar putea renunța la petrolul din Rusia, contra reducerii tarifelor din partea lui Trump

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Russia acknowledges that it has started to import fuels due to internal shortages. Details about the volumes and sources of the imports have not been provided.
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Russia's diesel production has decreased by 20% in the last two months due to Ukrainian attacks on refineries.
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Lukoil, affected by the sanctions imposed by the USA, is looking for a buyer for its international businesses, valued at 22 billion dollars. The deadline has been extended to allow the completion of the transaction.
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The Russian oil company Tatneft has decided to impose limits on the purchases of gasoline and diesel at all its stations in Russia.
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Russia has imposed a temporary ban on diesel exports until July 31, in order to stabilize the domestic market affected by Ukrainian attacks.
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India Russia Russian oil sanctions imports Ukraine war USA Rosneft Lukoil

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