India’s Reliance to buy Russian oil in roubles | Reuters News Agency

India’s Reliance to buy Russian oil in roubles | Reuters News Agency


Trade inPower

Reuters exclusively reported that Republic of India’s Reliance Industries, operator of the arena’s best refining advanced, has signed a one-year offer with Russia’s Rosneft to shop for a minimum of 3 million barrels of oil a pace in roubles. 

Marketplace Affect

Republic of India, the arena’s third-biggest oil importer and client, has change into the most important purchaser of seaborne Russian crude for the reason that West halted purchases and imposed sanctions in opposition to Moscow within the aftermath of Russia’s 2022 invasion of Ukraine.

Article Tags

Subjects of Passion: Trade inPower

Kind: Reuters Best possible

Sectors: Commodities & Power

Areas: Asia

International locations: Republic of India

Win Sorts: Exclusivity

Tale Sorts: Unique / Scoop

Media Sorts: Textual content

Buyer Affect: Important Nationwide Tale

Leave a Reply

Your email address will not be published. Required fields are marked *