https://www.taxtmi.com/news?id=61763 India's October imports of Russian fossil fuels remained high, with crude oil purchases at about EUR 2.5 billion and accounting for roughly 81% of Russia-related import value. Private refiners supplied over two thirds of volumes while state owned refineries markedly increased Russian crude intake. New Western sanctions on major Russian producers prompted some Indian companies to halt imports and shifted export and trade patterns, as EU and UK demand fell and non sanctioning markets increased purchases. CREA attributes procurement largely to discounted Urals crude and records month on month changes in volumes and destinations. en-us Sun, 16 Nov 2025 11:01:02 +0530 Sun, 16 Nov 2025 11:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=61763 India's October imports of Russian fossil fuels remained high, with crude oil purchases at about EUR 2.5 billion and accounting for roughly 81% of Russia-related import value. Private refiners supplied over two thirds of volumes while state owned refineries markedly increased Russian crude intake. New Western sanctions on major Russian producers prompted some Indian companies to halt imports and shifted export and trade patterns, as EU and UK demand fell and non sanctioning markets increased purchases. CREA attributes procurement largely to discounted Urals crude and records month on month changes in volumes and destinations. News - Sun, 16 Nov 2025 11:01:02 +0530 https://www.taxtmi.com/news?id=61763