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Davos 2025: India's Biggest Refiner to Rebalance Crude Buying After Russian Sanctions
Posted
January 24, 2025
Views
2,511
Likes
47
Engagement
1.87%
January 24, 2025
2,511
47
1.87%
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1:19Now PlayingCrude oil purchases by Indian Oil Corp. may shift as the new US sanctions on Russia affect supplies from Moscow. The sanctions may impact daily flows of as much as 2 million barrels to India and China, Arvinder Singh Sahney, chairman of India’s third-largest company by revenue, told Bloomberg Television on the sidelines of the World Economic Forum in Davos, Switzerland.
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