https://www.taxtmi.com/news?id=64494 Sanctions on major Russian oil producers altered trade flows and contractual risk for refiners, causing some private Indian refiners to halt purchases while state owned refineries increased Russian crude intake. The EU bans fuels refined from Russian oil, but Australia, Canada and the US have not enacted equivalent bans, producing shifts in export destinations-most notably increased exports to Australia from a single large Indian refinery-and raising compliance and traceability concerns for exporters and downstream buyers. en-us Fri, 12 Dec 2025 15:31:03 +0530 Fri, 12 Dec 2025 15:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=64494 Sanctions on major Russian oil producers altered trade flows and contractual risk for refiners, causing some private Indian refiners to halt purchases while state owned refineries increased Russian crude intake. The EU bans fuels refined from Russian oil, but Australia, Canada and the US have not enacted equivalent bans, producing shifts in export destinations-most notably increased exports to Australia from a single large Indian refinery-and raising compliance and traceability concerns for exporters and downstream buyers. News - Fri, 12 Dec 2025 15:31:03 +0530 https://www.taxtmi.com/news?id=64494