Businesses in the estimate that there will be a significant break in Russian supplies, as Washington imposes new sanctions to limit Moscow’s revenue. In this way it forces refineries to search for crude oil in the Middle East and the US, today (10.1.2025) sources of India’s refinery sector. Sources said they realize that the new American sanctions will target more than 180 tankers carrying Russian oil as well as Russian shipping insurance companies based in Russia Ingosstrakh Insurance Company and Alfastrakhovanie Group.
New US sanctions on Russian tankers will hit India’s oil supply
—