https://www.taxtmi.com/news?id=67231 India's Russian hydrocarbon imports fell to Euro 2.3 billion in December 2025 from Euro 3.3 billion the prior month, driven mainly by a 50 percent reduction in Reliance's Jamnagar refinery imports and a 15 percent cut by state-owned refineries. Crude accounted for 78 percent (Euro 1.8 billion) of India's purchases. CREA links these reductions to US sanctions on major Russian producers and to timing of pre-sanctions cargoes, noting some refiners halted or curtailed purchases while others continued buying from non-sanctioned suppliers. en-us Tue, 13 Jan 2026 15:16:03 +0530 Tue, 13 Jan 2026 15:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=67231 India's Russian hydrocarbon imports fell to Euro 2.3 billion in December 2025 from Euro 3.3 billion the prior month, driven mainly by a 50 percent reduction in Reliance's Jamnagar refinery imports and a 15 percent cut by state-owned refineries. Crude accounted for 78 percent (Euro 1.8 billion) of India's purchases. CREA links these reductions to US sanctions on major Russian producers and to timing of pre-sanctions cargoes, noting some refiners halted or curtailed purchases while others continued buying from non-sanctioned suppliers. News - Tue, 13 Jan 2026 15:16:03 +0530 https://www.taxtmi.com/news?id=67231