The largest oil refinery in India refused Russian oil

IOC refused Urals/Finbalance

Indian IOC excluded from its last tender several grades of oil, which were distinguished by a high sulfur content. Among them is the Russian Urals.

According to media reports, the Indian company abandoned Das, Eugene Island, Thunder Horse and Urals. In total, the IOC holds two tenders during the week for shipping in May-June.

The new EU sanctions package may contain “oil options”

• The EU is currently working on the sixth a package of sanctions against Russia.
• Obviously, it will include restrictions on the import of Russian oil or even an embargo.
• Denmark Foreign Minister Jeppe Kofod stressed that pressure on Russia should be increased.
• Meanwhile, Lithuanian Foreign Minister Gabrielius Landsbergis noted that the sixth package will include “oil options”.