Indian Oil-led refiners seek to fully revive Russia oil imports in pushback to US tariffs

India’s state-owned oil refiners, led by Indian Oil Corp. Ltd., want to fully revive Russian oil imports in a pushback against US tariffs, but plans have been set back due to a lack of cargoes.

The refiners are getting fewer offers for October-loading Russian cargoes, people aware of the matter told Bloomberg, asking not to be identified given the sensitivity of the trade. Russian barrels had been redirected to China, even as they faced heightened competition from other nations.