Indian refiners have stopped buying crude oil from Chinese sellers, according to a Reuters report that cited unnamed sources. The move, according to the report, comes as a result of new legislation passed by Indian lawmakers that aims to restrict imports from the country's neighbors after bilateral relations with China deteriorated following a border clash that involved fatalities on the Indian side. Earlier this month, Indian refiners stopped chartering Chinese-owned or China-flagged tankers for oil and fuels, according to a Bloomberg report,…
