Russian oil loadings for India plunge as sanctions hit today
India’s crude imports from Russia have remained strong this month but fresh loadings of oil cargo — that will land in the country in the coming weeks — have plunged ahead of the November 21 deadline for the US sanctions to take effect.
On Thursday, Reliance Industries said it had halted the use of Russian crude at its export-only refinery in Jamnagar, Gujarat, to comply with sanctions.
