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Economictimes.indiatimes.com
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2025
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Russian oil import: IndianOil says will abide by all applicable sanctions

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Indian oil companies will adhere to international sanctions. This move is expected to reduce imports of Russian oil. Companies are diversifying their crude oil sources. This shift follows new US sanctions on Russian energy firms. Reliance Industries and Nayara Energy are key players in this evolving scenario. The impact on refiners' margins is being closely watched.



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