Russian crude oil – Charm

‘Reduce China’s ability to stockpile discounted oil’: Trump admin extends sanctions waiver on Russian crude

2 months ago05 mins

With a sanctions waiver in place, India has in the last two months aggressively stepped up purchases of Russian crude oil. (AI image) In a U-turn on its earlier decision, the Donald Trump administration has extended the sanctions waiver on purchase of Russian crude oil at sea. The move comes two days after the earlier…

Russian Oil Tanker Bound for China Makes U-Turn to India as Delhi Steps Up Imports Amid Iran War

30 million barrels in a week! India grabs more Russian crude amid US-Iran war; tankers headed to China make U-turn

4 months ago05 mins

Indian refiners have purchased nearly 30 million barrels of Russian crude within a week. (AI image) India is aggressively buying Russian crude oil amidst supply disruptions from Strait of Hormuz caused due to the ongoing US-Iran war and Middle East conflict. In fact, India is buying such huge quantities of Russian crude, that tankers headed…