Indian refiners have not placed new orders for Russian oil purchases since sanctions were imposed, as they await clarity from the government and suppliers, sources told Reuters on Tuesday.

Some refiners are tapping the spot markets to meet their crude oil needs, said the sources, who did not want to be named as they are not authorised to speak to media.

State-run Indian Oil has issued a tender for purchase of oil while conglomerate Reliance Industries has boosted purchases from spot markets, according to sources.

The European Union, the UK and the U.S. have imposed a raft of sanctions against Russia over its war in Ukraine, including fresh U.S. sanctions on Thursday that target Russia’s two top oil producers Lukoil and Rosneft.

Indian refiners are poised to sharply curtail import

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