India's Reliance Industries, operator of the world's biggest refining complex, has signed a one-year deal with Russia's Rosneft to buy at least 3 million barrels of oil a month in roubles, four sources aware of the matter told Reuters. The shift to rouble payments follows Russian President Vladimir Putin's push for Moscow and its trading partners to find alternatives to the Western financial system to facilitate trade despite U.S. and European sanctions. A term deal with Rosneft also helps privately run Reliance to secure oil at discounted rates at a time when the OPEC+ group of oil producers is expected…
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February 26, 2026
16:25
Source: ChinaMoneyNetwork.com
February 5, 2026
06:11
Source: zeenews.india.com
February 3, 2026
18:40
Source: nakedcapitalism.com
September 1, 2025
18:42
Source: newsmax.com
July 18, 2025
23:44
Source: theguardian.com
July 4, 2025
00:22
Source: indianexpress.com
June 7, 2025
14:13
Source: indianexpress.com
March 31, 2025
08:00
Source: theguardian.com
March 28, 2025
10:27
Source: theguardian.com