Categories: व्यापार

India already cutting Russian oil imports by 50% after US talks, White House official says

By Jarrett Renshaw and Nidhi Verma WASHINGTON/NEW DELHI (Reuters) -The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%, a White House official told Reuters on Thursday. However, Indian sources said the cut was not visible yet, though it could be reflected in import numbers for December or January. Refiners had already placed orders for November loading that included some cargoes for December arrival as well, the sources said. The Indian government has not yet informed refiners of a request to cut Russian imports, they added. India's oil ministry and all of the Indian refiners that buy Russian oil did not immediately respond to Reuters' requests for comment. (Reporting by Jarrett Renshaw and Nidhi Verma; Editing by Chris Reese and Jamie Freed)

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Inkhabar webdesk

Share
Published by Inkhabar webdesk

Recent Posts

NYC Comptroller and other investors urge Starbucks to restart union talks

(Reuters) -New York City's Comptroller and other Starbucks shareholders have written to the company to…

3 minutes ago

Boeing can hike 737 MAX production to 42 planes per month, FAA says

WASHINGTON (Reuters) -Boeing can hike 737 MAX production to 42 planes per month after the…

14 minutes ago

Trump says 100% tariffs on China not sustainable, still plans to meet Xi

By Doina Chiacu and Andrea Shalal WASHINGTON (Reuters) -U.S. President Donald Trump said his proposed…

25 minutes ago

SPAC backed by Trump Jr., Omeed Malik files for $260 million US IPO

(Reuters) -Colombier Acquisition Corp. III, a blank-check firm backed by Omeed Malik, filed for an…

38 minutes ago

Boeing can hike 737 MAX production to 42 planes per month, FAA says

By David Shepardson and Dan Catchpole SEATTLE/WASHINGTON (Reuters) -Boeing can hike 737 MAX production to…

48 minutes ago

Samsung Electronics family to sell $1.2 billion stake amid share rally

SEOUL (Reuters) -The mother and two sisters of Samsung Electronics Chairman Jay Y. Lee plan…

59 minutes ago