neutral
24 days agoSome Indian refiners begin trimming Russian crude imports under pressure

Several Indian refineries are reportedly making early moves to reduce their reliance on Russian crude, sources familiar with the matter said. This comes amid increasing U.S. pressure and global expectations that India would curtail such purchases. While Russian oil still offers cost advantages, refiners are assessing supply alternatives and geopolitical risk. The transition is expected to be gradual to maintain feedstock continuity. Analysts say the shift has implications for trade flows, sanction compliance, and margin structures in India’s downstream energy sector.
Reuters• By Sneha Pathak
Explore:Mutual Fund Screening
neutral
24 days agoSome Indian refiners begin trimming Russian crude imports under pressure

Several Indian refineries are reportedly making early moves to reduce their reliance on Russian crude, sources familiar with the matter said. This comes amid increasing U.S. pressure and global expectations that India would curtail such purchases. While Russian oil still offers cost advantages, refiners are assessing supply alternatives and geopolitical risk. The transition is expected to be gradual to maintain feedstock continuity. Analysts say the shift has implications for trade flows, sanction compliance, and margin structures in India’s downstream energy sector.
Reuters• By Sneha Pathak
Explore:High Return Equity Mutual Fund
24 days ago
1 min read
81 words

Indian refiners start trimming Russian crude imports amid U.S. pressure and evolving supply dynamics.
Several Indian refineries are reportedly making early moves to reduce their reliance on Russian crude, sources familiar with the matter said. This comes amid increasing U.S. pressure and global expectations that India would curtail such purchases. While Russian oil still offers cost advantages, refiners are assessing supply alternatives and geopolitical risk. The transition is expected to be gradual to maintain feedstock continuity. Analysts say the shift has implications for trade flows, sanction compliance, and margin structures in India’s downstream energy sector.

Several Indian refineries are reportedly making early moves to reduce their reliance on Russian crude, sources familiar with the matter said. This comes amid increasing U.S. pressure and global expectations that India would curtail such purchases. While Russian oil still offers cost advantages, refiners are assessing supply alternatives and geopolitical risk. The transition is expected to be gradual to maintain feedstock continuity. Analysts say the shift has implications for trade flows, sanction compliance, and margin structures in India’s downstream energy sector.
Companies:
Indian refiners
Tags:
energy
oil
energy
oil
india
global
Oct 16, 2025 • 09:39 IST