US moves to penalize India with secondary tariffs for buying Russian oil are expected to push refiners to replace Russian Urals crude with Gulf grades — a move that may strengthen the Dubai benchmark and narrow the price differential with dated Brent, top Indian refining officials say.
India's Push for Gulf Crudes Seen Trimming Brent-Dubai Differential
India's anticipated push to replace Russian Urals with Gulf crude amid tariff turmoil may strengthen the Dubai benchmark, refining officials say.













