Russia Set to Test New Delhi’s Nerve by Sending Sanctioned Oil and Tankers to India
Blacklisted tankers are hauling Pacific and Arctic crude to India
Russia shipped 2.96 million barrels a day of crude in the four weeks to Jan. 26 after a sharp rebound in flows last week as Russia adapts to the latest oil sanctions.
Source: DEA / C. SAPPA/De Agostini EditorialThis article is for subscribers only.
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here .
Russia is sending cargoes of sanctioned oil to India on tankers that have been blacklisted by the US Treasury — setting up an acid test of Moscow's ability to get around aggressive measures imposed by Washington earlier this month.