https://www.taxtmi.com/news?id=33586 Indian Oil Corporation procures Russian crude only when suppliers arrange transportation on a delivered basis using non sanctioned, properly insured tankers; sanctioned or uninsured vessels will be barred from Indian ports except for limited wind down cargoes. Authorities and the company consider the recent sanctions on parts of Russia's energy trade and tanker fleet to have a marginal effect on energy security, with alternative global supplies available and the option for Indian firms to source additional oil from the Middle East and elsewhere. en-us Tue, 11 Feb 2025 12:46:03 +0530 Tue, 11 Feb 2025 12:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=33586 Indian Oil Corporation procures Russian crude only when suppliers arrange transportation on a delivered basis using non sanctioned, properly insured tankers; sanctioned or uninsured vessels will be barred from Indian ports except for limited wind down cargoes. Authorities and the company consider the recent sanctions on parts of Russia's energy trade and tanker fleet to have a marginal effect on energy security, with alternative global supplies available and the option for Indian firms to source additional oil from the Middle East and elsewhere. News - Tue, 11 Feb 2025 12:46:03 +0530 https://www.taxtmi.com/news?id=33586