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2025.10.2302:49:03UTC+00Indian Refiners Review Russian Oil Contracts after US Sanctions

Indian state refiners are currently scrutinizing their Russian oil trade documents to verify that no supplies are obtained directly from Rosneft and Lukoil. This move follows the recent U.S. sanctions placed on both companies, as revealed by a source familiar with the matter to Reuters on Wednesday. U.S. President Donald Trump, in his second term, has for the first time imposed Ukraine-related sanctions on Russia, specifically targeting the oil companies Lukoil and Rosneft, reflecting his increasing frustration with Russian President Vladimir Putin amid the ongoing conflict.

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