India stops taking Russian oil delivered on Sovcomflot tankers, Bloomberg News reports


Reuters | Updated: 22-03-2024 15:49 IST | Created: 22-03-2024 14:42 IST
India stops taking Russian oil delivered on Sovcomflot tankers, Bloomberg News reports
Representative Image Image Credit: Pixabay

All of India's refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to U.S. sanctions, Bloomberg News reported on Friday.

Reuters reported earlier this week that India's Reliance Industries, operator of the world's biggest refining complex, would not buy Russian oil loaded on tankers operated by shipper Sovcomflot (SCF) after recent U.S. sanctions, according to two sources familiar with the matter.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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