Russia Tests Sanctions with Oil Shipments to India ...Middle East

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Russia Tests Sanctions with Oil Shipments to India
Russia seems to be having little difficulty skirting US Treasury sanctions when it comes to its oil industry, with the country managing to send shipments of sanctioned oil aboard sanctioned tankers to India. The U.S. Treasury’s January crackdown on Russian crude exports doesn’t appear to be a problem for Moscow, with at least five tankers carrying Arctic and Pacific oil seemingly bound for India—despite falling outside the official exemptions. India had previously stated that it would accept oil from sanctioned ships only if loaded…

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