Indian state refiners eye Russian oil as discounts rise ahead of Trump-Putin talks, sources say

Indian state refiners, including Indian Oil Corp, have resumed exploring purchases of Russia’s Urals crude oil. This decision follows a widening of discounts, prompting renewed interest after a pause in purchases last month when discounts had narrowed. The move occurs ahead of a significant meeting between U.S. and Russian leaders, potentially influencing global oil market dynamics.

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