After Donald Trump’s penalty threat, Indian state refiners ‘pause Russian oil purchases’
Private refiners Reliance Industries, and Nayara Energy are the biggest Russian oil buyers in India, but state refiners control over 60% of India’s overall 5.2 million barrels per day refining capacity Representational imageShutterstock picture. Indian state refiners have stopped buying Russian oil in the past week as discounts narrowed this month and US President Donald…