Saudi Arabia Maintains Oil Exports From Key Red Sea Port for Now
Saudi Arabia’s oil exports via the Red Sea are holding steady for now, as the impact of a drone attack on its vital cross-country pipeline has yet to filter through.
FILE PHOTO: FILE PHOTO: U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands, at the White House in Washington, D.C., U.S., February 13, 2025. REUTERS/Kevin Lamarque/File Photo/File Photo
By Jarrett Renshaw and Nidhi Verma
WASHINGTON/NEW DELHI, Oct 16 (Reuters) – The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50%, a White House official told Reuters on Thursday.
However, Indian sources said the cut was not visible yet, though it could be reflected in import numbers for December or January. Refiners had already placed orders for November loading that included some cargoes for December arrival as well, the sources said.
The Indian government has not yet informed refiners of a request to cut Russian imports, they added.
India’s oil ministry and all of the Indian refiners that buy Russian oil did not immediately respond to Reuters’ requests for comment.
(Reporting by Jarrett Renshaw and Nidhi Verma; Editing by Chris Reese and Jamie Freed)
(c) Copyright Thomson Reuters 2025.
This article contains reporting from Reuters, published under license.
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