Energy
India State Refiner Struggles to Get Russian Crude for March
- Harsh US sanctions have tightened supply of Russian oil
- BPCL will source US WTI, sour grades from Middle East
A efinery operated by Bharat Petroleum Corp. Ltd., in Mumbai.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
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Indian refiner Bharat Petroleum Corp Ltd. isn’t able to get Russian crude cargoes for March delivery, underlining how stringent US sanctions have upended Moscow’s oil trade and forced Asian buyers to seek alternatives.