Skip to main content
Back to feed
EnergyReportedMediumDeveloping
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.gr1 day 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

Entities

countrycountrycountryconcept
Source

Related signals

8 found