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Sunday, January 18, 2026

Tag: Russian crude oil

India’s Russian Oil Imports Set for Sharp Drop as US Sanctions Bite

US sanctions on Russian exporters to cut India's crude imports from 1.8M to 400,000 bpd. Major refiners halt purchases, but no complete stop expected as discounts remain attractive.

Reliance Stops Russian Crude Imports for Export Refinery Operations

Reliance Industries halts Russian crude imports at Jamnagar export refinery to comply with EU sanctions. Full transition to non-Russian oil completed ahead of schedule.