A growing number of Russian insurance firms, some of which sanctioned by the U.S., have applied with India’s authorities to insure tankers shipping Russian crude oil to India, according to various sources familiar with the matter. Sberbank Insurance, which is sanctioned by the U.S., is one of the companies applying for approval to cover oil tankers docking in India, Russia’s key crude customer alongside China, sources have told Bloomberg. Other Russian insurers seeking permits to provide protection and indemnity coverage to Russian…
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