India Set to Recalibrate Russian Oil Imports as US Imposes Sanctions on Rosneft and Lukoil
Bhubaneswar, India: India is preparing to scale back imports of Russian crude oil following fresh US sanctions on Moscow-backed producers Rosneft and Lukoil, a move that could reshape global energy trade and ease a key hurdle in the long-pending India–US trade deal, sources told Reuters. The sanctions, announced by US President Donald Trump and enforced…
