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Not just crude import bill, how US’ Russia sanctions law could raise costs for Indian exporters
If the US law is eventually enforced, India could face higher crude costs and pressure on its exports to the US, but refiners are unlikely to abruptly stop buying Russian oil.
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newsbytesapp.com
US sanctions bill unlikely to sway India's Russian crude purchases
India is expected to maintain Russian crude imports despite the US Senate's sanctions bill, raising policy risks for nations reliant on Russian energy supplies.
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energyintel.com
India Still Favors Russian Oil Despite US Sanctions Bill
Industry officials say there is no real alternative to Russian crude, with Mideast export flows sharply constrained again by the US-Iran conflict.
