energy trade

Indian Banks Comply with US Russia Sanctions, Cut Oil Ties

Indian Banks Comply with US Russia Sanctions, Cut Oil Ties

Indian banks comply with US Russia sanctions targeting Rosneft and Lukoil, as refineries pause Russian crude purchases to safeguard Western ties, a U.S. Treasury official confirmed on Thursday in Washington. Compliance Accelerates Amid Deadline Pressure Indian banks are actively severing
Friday, November 21, 2025