tradingkey.logo

REFILE-Indian refiners review Russian oil contracts after US sanctions, source says

ReutersOct 23, 2025 2:37 AM

- Indian state refiners are reviewing their Russian oil trade documents to ensure that no supply will be coming directly from Rosneft and Lukoil after both companies were sanctioned by the United States, a source with direct knowledge of the matter said on Thursday.

U.S. President Donald Trump on Wednesday imposed Ukraine-related sanctions on Russia for the first time in his second term, targeting oil companies Lukoil and Rosneft ROSN.MM as his frustration grows with Russian President Vladimir Putin over the war.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI