Mangalore Refinery and Petrochemicals Ltd has paused plans to buy Russian oil due to risks from new U.S. sanctions. This decision impacts India's energy procurement strategy and geopolitical relations.

Mangalore Refinery and Petrochemicals Ltd (MRPL), a state-owned oil refiner in India, has announced that it will not proceed with plans to purchase Russian oil. This decision is primarily influenced by the recent sanctions imposed by the United States on Russia's top oil producer. The sanctions create significant risks for companies engaging in trade with Russian entities, prompting MRPL to reassess its procurement strategies. This move reflects broader concerns regarding energy security and geopolitical tensions, as countries navigate the implications of sanctions on their energy supplies. The halt in Russian oil purchases may also affect India's overall energy landscape, as the country seeks to balance its energy needs with international diplomatic relations.