Donald Trump tariff impact? State-run oil refiners stop Russia...

Dununu.com Dununu

Patrocinado

Donald Trump tariff impact? State-run oil refiners stop Russia crude oil purchases in spot market; government says no instructions given

RSS Feed Business

Postado

65

Following US tariffs on Indian exports due to trade ties with Russia, state-owned refiners like IOCL, BPCL, HPCL, and MRPL have reportedly ceased spot market purchases of Russian crude oil. Reliance Industries and Nayara Energy, with term agreements, may continue imports. This shift could raise costs and impact refining margins, though India can transition to alternative sources.

Read Full Article

Faça o login para curtir, compartilhar e comentar!

Shubman Gill, KL Rahul, Ravindra Jadeja create historic feat in England

In a historic moment for Indian Test cricket, Shubman Gill, KL Rahul, and Ravindra Jadeja have...

Por 0 10

Trump’s tariff reset: From Canada to Laos, even dealmakers face higher costs as legal fight brews; US allies & rivals hit with steep import taxes under new trade rules

Donald Trump's new tariff policy is creating economic problems worldwide. Countries face high...

Por 0 11

'Pathetic and vile': Kishan Reddy slams Rahul Gandhi over remarks on Arun Jaitley, says late FM died before farm laws; demands apology

Por 0 11

Myanmar junta air strike on ruby mine hub kills 13

A Myanmar junta air strike on the rebel-held ruby mining center of Mogok resulted in 13...

Por 0 21

Palestine statehood: More countries back two-state solution - what's keeping the dream a dream?

France, the UK, and Canada's support for a Palestinian state highlights growing international...

Por 0 21