The largest state-owned refiners in India have become increasingly cautious about committing to contracted supplies of Russian crude, wary of potentially running afoul of the stricter enforcement of the U.S. sanctions on Russian oil exports, multiple sources with knowledge of the matter have told Bloomberg. The U.S. levied new sanctions against Russia last month, on the second anniversary of the Russian invasion of Ukraine and in response to the death of opposition politician and anticorruption activist Alexey Navalny. Among the…
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