New Delhi and Beijing have so far resisted U.S. calls to stop buying Russian crude, but far-reaching sanctions will be hard to ignore. ...

India's oil refiners are currently experiencing a robust supply of Russian crude in the global market, a situation largely attributed to recent geopolitical events. Ukraine's sustained attacks on Russia's energy infrastructure have significantly curtailed Moscow's domestic refining capacity, according to a Reuters report. This reduction in refining capabilities has, in turn, diverted a greater volume ...