Indian state-run oil refiners are likely to continue buying Russian oil, paying entirely in dirhams, despite US President Donald Trump's renewed tariff threats and EU's sanctions, Moneycontrol reported. "EU sanctions wouldn't have direct impact...because we're buying through UAE traders," a refinery official said. "we're not making dollar payments even with $60 price cap," the executive added.
short by
Ashley Paul /
09:46 am on
05 Aug