International
US sanctions cut Russia’s oil revenue as prices fall: Treasury
US says sanctions on Rosneft and Lukoil are lowering Russian oil prices and revenues, with India and China reducing December purchases.
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Indian refiners pause Russian oil purchases as US sanctions tighten. Reliance, IOC shift to costlier crude; fuel price pressure likely to…
Reliance Industries says it will follow US, EU, and UK sanctions on Russian oil, adjusting refinery operations to ensure compliance.
US sanctions target Russian oil firms Rosneft and Lukoil. India reviews its energy imports as Washington pressures Moscow amid Ukraine war.
Trump says India will phase out Russian oil by year-end, currently 40% of crude imports, amid US tariffs and sanctions on Russia.
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