Daijiworld Media Network – New Delhi

New Delhi, Oct 28: Indian oil refiners have paused fresh orders of Russian crude following new sanctions imposed by the United States and the European Union on Moscow’s energy sector. The refiners are awaiting clarity from suppliers and the government before resuming any new deals, Reuters reported.

The fresh sanctions — announced by the US, EU, and the UK — target Russia’s leading oil companies, including Lukoil and Rosneft. The International Energy Agency (IEA) noted that India had purchased 1.9 million barrels per day of Russian oil during the first nine months of 2025, accounting for nearly 40% of Russia’s total exports.

However, India’s imports of Russian oil declined by 8.4% between April and September compared to the previous year, mainly due

See Full Page