India’s state-run refiner, Hindustan Petroleum Corporation (HPCL), has bought two million barrels of Russian oil for loading in May, as the country’s refiners step up efforts to secure crude from Moscow at a discount, regional media reported on Thursday. The crude was sold by European trader Vitol and is the ...
Beijing maintains an “independent” stance on the Ukraine crisis, a spokesperson for China’s foreign ministry, Zhao Lijian, said during a press conference on Friday. The remark came in response to threats made by US Secretary of State Antony Blinken, who warned China on Thursday that Washington would “impose costs” on ...