The Economic Times

Indian Oil, Nayara lift Russian crude as RIL skips; IOC accounts for 43% of January imports

India's Russian oil imports have fallen significantly this month. US sanctions have reduced the number of buyers. Indian Oil and Nayara Energy are now the main purchasers, boosting their intake. Reliance Industries has stopped all Russian crude supplies. This shift is prompting Russian suppliers to offer deeper discounts on their oil.