The United States urged India to buy Russian oil cargoes waiting near Chinese refineries and redirect them to Indian refineries to ease supply concerns and curb price spikes during the West Asia conflict, while maintaining that Washington’s policy toward Russia remains unchanged
India’s Russian oil imports dropped by nearly a third after new US sanctions took effect on November 21, prompting refiners to cut purchases from designated companies. Analysts expect December arrivals to fall further as India turns to alternative suppliers and opaque trade routes
