India Seeks Tankers for Mideast Oil After Russia Sanctions

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Rakesh Sharma

Yongchang Chin

Weilun Soon

Company Overview

Earnings on benchmark Middle East to Asia route near five-year high

Oil Tanker Costs Rise

TD3C time-charter equivalent freight rates

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A surge in bookings for oil tankers to bring cargoes from the Middle East to India points to higher import flows ahead

India Seeks Ships for Mideast Oil as Sanctions Deadline Looms

A crude oil tanker.

Oil Tanker Costs Rise | Earnings on benchmark Middle East to Asia route near five-year high

A surge in bookings for oil tankers to bring cargoes from the Middle East to India points to higher import flows ahead, as sanctions on major Russian producers force the South Asian importer to seek alternatives.

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