India Refuses Long-Term Contracts with Rosneft Amid Sanctions: Implications for the Oil Sector

India Refuses Long-Term Contracts with Rosneft Amid Sanctions: Implications for the Oil Sector

Due to sanctions, India is refusing long-term contracts with Rosneft of the Kremlin oligarch Igor Sechin. The sanctions noose around Russia continues to tighten. The largest buyer of Russian oil, India, is quickly curtailing cooperation with Moscow in the oil sector. Writes about this Bloombergciting informed sources. Due to sanctions, state-owned oil refineries in India … Read more