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Friday, January 16, 2026

Tag: US sanctions

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.

Ukrainian Drone Strikes on Russian Refineries Drive US Fuel Prices Higher

Ukrainian attacks on Russian energy facilities are causing global oil supply shortages, pushing US refining margins to highest levels since 2018 according to Bloomberg analysis.

Reliance Industries Cuts Russian Crude Imports by 13% After US Sanctions

Mukesh Ambani's Reliance reduces Russian oil share from 56% to 43% in October amid US sanctions on Rosneft and Lukoil, shifting to Middle East suppliers.

Indian Refiners Halt Russian Oil Orders After US Sanctions

Major Indian oil companies pause new Russian crude purchases amid sanctions uncertainty, shifting to spot markets and alternative suppliers for energy needs.

Reliance to Comply with New Western Sanctions on Russian Oil

Reliance Industries commits to following latest US and EU sanctions, adjusting refinery operations as Russian crude faces new restrictions affecting India's imports.

Reliance Industries to Comply With US Sanctions on Russian Oil

Reliance Industries announces compliance with Western sanctions on Russian oil, will adjust refinery operations. US sanctions target Rosneft and Lukoil with November 21 deadline.