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India-Bound Russian Oil Tanker Makes U-Turn in Baltic Sea After Fresh Us Sanctions

Crude oil futures fall as markets doubt the effectiveness of US sanctions on Russian oil, signaling a bearish outlook.

8 Articles

Lean Left

India's largest refinery company IOC defies US printing and orders Russian oil again. Delivery is scheduled for December.

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India's largest oil company, Indian Oil Corp (IOC), is resuming purchases of Russian oil. The company has placed orders with suppliers not subject to sanctions, RBC-Ukraine reports, citing Reuters. Reuters, citing trade sources, reports that Indian Oil Corp purchased five cargoes for December delivery from suppliers not subject to US sanctions against Russia. These cargoes total 3.5 million barrels of ESPO crude. This means IOC is continuing its…

Indian Oil Corp., India's largest refiner, has resumed purchases of Russian crude from non-sanctioned companies despite U.S. pressure - ReutersIndian Oil Corp., India's largest refiner, has purchased five batches of Russian crude for December delivery from non-sanctioned companies, after the company canceled seven to eight batches of Russian crude due to the latest U.S. sanctions.

·Kyiv, Ukraine
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Indian oil companies apparently continue to buy Russian oil. Meanwhile, the army chief of Ukraine again denied that his soldiers at Pokrovsk were included by the Russian army.

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Fakty.ua ФАКТЫ broke the news in Kyiv, Ukraine on Thursday, October 30, 2025.
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