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Indian Oil, BPCL, and HPCL have reportedly halted Russian crude purchases for October amid US' threats and tariff hikes. US President Donald Trump accused India of aiding Russia's war by buying discounted oil. Meanwhile, Russian President Vladimir Putin is set to meet Trump and PM Narendra Modi soon. Despite the pause, August-September deliveries will proceed, though October imports may shrink.
short by / 04:46 pm on 07 Aug
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