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HPCL Mulls Russian Oil Alternative
Financial Express Chennai
|August 09, 2025
HINDUSTAN PETROLEUM IS scouting for alternative crudes to protect itself if it were to stop buying Russian oil due to higher prices and sanctions, chairman Vikas Kaushal said on Friday.
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State-run refiners have paused buying Russian oil imports as it has become pricey, and US President Donald Trump's threatened to impose a penalty on the South Asian nation for purchasing Russian
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