India’s Oil Supply From Russia Threatened by New U.S. Sanctions ...Middle East

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India’s Oil Supply From Russia Threatened by New U.S. Sanctions
source : OILPRICE ( Middle East ) () 44
Indian refiners are concerned that the latest U.S. sanctions against Russia could further impact their ability to import cheap Russian crude as freight rates are set to rise and dent refining margins, industry sources in India have told Reuters. The U.S. levied new sanctions against Russia last week, on the second anniversary of the Russian invasion of Ukraine and in response to the death of opposition politician and anticorruption activist Alexey Navalny. Among the 500 targets of the new sanctions, the U.S. Treasury and State are…

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