EghtesadOnline: For the billionaire Ruia brothers, who sold their stake in India’s second-largest refinery to Rosneft PJSC and a group led by Trafigura for about $13 billion, the biggest surprise was the number of suitors for the oil processor.

EghtesadOnline: A $13 billion deal involving Russia in India threatens to weaken the grip of Middle East crude suppliers in the world’s fastest growing oil market.

EghtesadOnline: Tehran hopes to sign contracts with Russian oil and gas companies in 2018, as there is noticeable progress in its cooperation, particularly with Rosneft and Gazprom, Iran's ambassador to Russia said.

EghtesadOnline: Rosneft has undertaken to settle over 2 billion euros ($2.4 billion) owed to Iran for past oil purchases by Essar Group after the biggest Russian oil producer bought the Indian refiner on Monday.

EghtesadOnline: Russian oil major Rosneft hopes to benefit from European court rulings that have allowed some Iranian banks to escape from European Union sanctions.