India Halts Russia Oil Supplies From Sanctioned Tanker Giant

  • Refiners scrutinize shipowners to avoid US sanctions fallout
  • Sovcomflot said this week penalties put pressure on operations
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All of India’s refiners are now refusing to take Russian crude carried on PJSC Sovcomflot tankers due to US sanctions, further complicating the trade that has flourished since the invasion of Ukraine two years ago.