Russian oil giant Rosneft isn’t signing new deals with Indian firms amid surge in demand from Asian buyers. Reuters reported that Rosneft has declined oil deals with Bharat Petroleum & Hindustan Petroleum. Indian refiners have been buying cheap Russian oil as the west snapped ties with Moscow over the Ukraine invasion. Earlier this year, Indian Oil corp, Bharat Petroleum & Hindustan Petroleum opened negotiations with Rosneft. But so far, only IOC has managed to seal a deal with Rosneft for 6 million barrels every month. Watch the full video for more.
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