Indian state-backed refiner HPCL-Mittal Energy has halted purchases of Russian crude after US President Donald Trump imposed sanctions on Moscow’s two largest oil companies, the firm said. Relations between Washington and New Delhi plummeted in August after Trump raised tariffs to 50 per cent, with US officials accusing India of fuelling Russia’s war in Ukraine by buying Moscow’s discounted oil. Trump has...
Thursday 30 October 2025
wn.com - 16 hours ago
Indian state-backed refinery halts Russian oil
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