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EnergyReportedMedium
4.9

Indian refineries curb Russian crude purchases on price, tariff risk

Indian refiners are limiting Russian crude purchases due to price levels and risks from US tariffs. This marks a shift in India's buying pattern, which had been a major buyer of discounted Russian oil. The move could tighten global supply for Russian barrels and pressure Indian refiners' margins.

Capital.gr4 days agoIN, RU, USCredibility 31%View source

Score Breakdown

Mosaic Score4.9
Model confidence0.5
Significance0.5
Source credibility0.3

Intelligence Tags

#crude oil#india#russia#tariffs#refining

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