India doubles down on every major Russian oil variety as flows persist

India has a longstanding relationship with Russia that includes weapons buying, and purchasing of oil adds to the Kremlin's coffers while it tackles financial sanctions

India is doubling down on Russian crude oil purchases despite warnings from the US, snapping up every major grade from the OPEC+ producer as its war in Ukraine nears a third month.

State-run oil refiners are now looking at privately negotiated deals instead of buying through public tenders in order to get better prices, according to Indian refinery officials and traders. The South Asian nation has purchased everything from flagship Urals that ships from ports in the west, to a rare cargo of ESPO from the Far East, typically favored by China.

India has a longstanding relationship with Russia that includes weapons