Lakshmi Mittal’s Energy Venture Buys Russian Oil Shipped via US-Blacklisted Vessels: Report
9 Articles
9 Articles
Lakshmi Mittal’s energy venture buys Russian oil shipped via US-blacklisted vessels: Report
Steel tycoon Lakshmi Mittals energy joint venture has purchased Russian oil transported on vessels under U.S. sanctions, according to a Financial Times investigation based on satellite imagery, shipping data, and customs records.
HPCL-Mittal Energy halts Russian oil purchases, clarifies ships used not under sanctions - OrissaPOST
New Delhi: HPCL-Mittal Energy Ltd (HMEL) has suspended purchases of Russian crude oil, the company said Tuesday, clarifying that the vessels, which delivered previous consignments, were not under international sanctions. The private refiner, a joint venture between state-run Hindustan Petroleum Corporation Ltd (HPCL) and steel tycoon Lakshmi Mittal’s Mittal Energy Investments, said it will continue to review its position and comply with governme…
Research reveals how Mittal Energy Limited has imported Russian oil using sanctioned vessels, thus circumventing Western trade restrictions through complex routes and limited surveillance.
An Indian energy company, in which Lakshmi Mittal is involved, is said to have bought Russian oil, which was transported on sanctioned ships.
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium




