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India second largest importer of Russian crude oil in October; China ranks first – when will impact of Trump’s sanctions be seen?

India has stood its ground, continuing buying crude from Russia, despite repeated objections from US President Donald TrumpIn October, crude oil worth $2.5 billion flowed into the country from Moscow, making it the world’s second-largest buyer. India was second only to China, which purchased $3.7 billion, according to the Helsinki-based Centre for Research on Energy…

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Trump sanctions impact: Reliance, India’s biggest importer of Russian oil, buys millions of barrels of crude from Middle East, US

​ RIL, which has been the largest importer of Russian oil by volume in this year, has bought millions of barrels of crude from the US and Middle East . (AI image)​ In what is being seen as a direct impact of Donald Trump’s sanctions on two major Russian oil firms, Reliance Industries Ltd (RIL)…

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