Lakshmi Mittal’s energy venture bought Russian oil transported on blacklisted ships
Indian refinery received at least four crude shipments this year worth almost $280mn on sanctions-listed vessels
Related reading
Mittal joint venture says it has stopped buying Russian oil
Statement follows FT reporting on crude purchases that had been transported on sanctioned vessels
Trump’s Russian oil sanctions hit India and China’s imports
Largest refineries look at curbing purchases after US measures aim to impede Putin’s war machine
Reliance stops buying Russian crude at major refinery to comply with US…
India’s oil purchases from Russia are chokepoint between Washington and New Delhi
To stop Putin’s war, punish refineries processing Russian oil
Western sanctions will not be effective until the loophole for facilities in India, Turkey and China is closed
Donald Trump’s Russian oil waiver offers little relief for India
US permission to buy ‘on-water’ crude leaves Indian refiners still facing Middle East supply shock
US sanctions threaten major blow to Russian oil groups Rosneft and Lukoil
Decision risks upending the industry by disrupting exports and forcing both companies to adapt