Indian Oil Corporation Resumes Russian Oil Purchases Amid Sanctions Pressure ...Middle East

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Indian Oil Corporation, the foremost refiner in India, has acquired five cargoes of Russian oil set for December delivery, traders reveal. This move comes despite increasing pressure from Washington for India to cease purchasing Russian oil. Last week, Washington imposed sanctions on Rosneft and Lukoil, Russia's two largest oil producers, intensifying efforts against President Vladimir Putin over the conflict in Ukraine.

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