Indian Oil buys 3 million barrels Russian Urals crude via tender Posted on March 15, 2022 by cngpump Western sanctions against Russia have led many companies and countries to shun its oil, depressing Russian crude to record discount levels. Related posts: EU to phase out Russian energy, offer Ukraine support but no fast-track membership G7 calls on oil, gas producers to boost deliveries to blunt impact on prices Russia seeks Indian investment in its sanction-hit oil and gas sector Indian Oil Corporation to build more crude oil tanks at Adani’s Mundra port Crude oil shoots higher on US Russian oil ban, Asian shares stabilise Oil price falls 5 per cent, cools down from Russian oil shock rally US President Biden announces ban on Russian oil and gas imports NCLT allows liquidator of EPC Construction to initiate arbitration against Indian Oil Russia warns West of $300 per barrel oil, cuts to EU gas supply ONGC fails to get bids in its tender to sell Russian oil- sources