India’s Top Refiner Looks to Buy Non-Sanctioned Russian Crude

India’s biggest state-held refiner, Indian Oil Corporation (IOC), is looking to buy non-sanctioned Russian crude oil for delivery in early 2026, a tender document seen by Bloomberg showed on Wednesday. IOC is also looking for crude supply from the United States and West Africa in the tender, which specifies that the sellers must ensure that the Russian Far Eastern grades ESPO and Sokol don’t come from producers, traders, or export terminals sanctioned by the U.S., the EU, the UK, or India. Last month, fo ...