Indian Oil Corp. to source Russian crude under sanctions
market hours1 source ↓written by the desknot a recommendation
Indian Oil Corp. will source Russian crude from non-sanctioned entities to comply with US and EU sanctions, according to finance director Anuj Jain. This strategy aims to ensure compliance while maintaining supply. Meanwhile, renewable energy credit prices have dropped ahead of the COP30 conference, impacting market sentiment. ⚡
Not investment advice. For informational purposes only.