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India does not plan to give up Russian oil: what is known about the new plans

Індія має намір зберегти імпорт нафти з Росії: деталі нових стратегій. Photo: hvylya.net
Ukrainian oil refiners do not intend to reduce imports of Russian oil, despite calls from US President Donald Trump not to cooperate with Russia. Information from Bloomberg confirms that supplies will continue in November and December, although they may be lower than before.

Pressure from Washington led to a temporary halt in imports of Russian oil to India. Ukrainian drone attacks on facilities in Russia also reduced import volumes to the lowest level in two years. However, after a reduction in pressure from the US, a recovery in supply growth is expected, particularly thanks to the actions of Reliance Industries.

A quote from Bloomberg emphasizes that Russian oil is an important and accessible source for India and China, which avoid purchases from other countries under sanctions.
Summarizing all this, despite pressure from the US, India does not plan to reduce imports of Russian oil. The situation led to a temporary halt in oil imports by Indian refiners, but a recovery in shipments is expected due to reduced pressure from the US and actions taken by Reliance Industries. Key players in the Indian market, such as Nayara Energy and Indian Oil Corp, are considering diversifying their sources of oil procurement, including looking into Brazilian oil. The importance of Russian oil for India and China is highlighted by Bloomberg's sources.