“India reduces Russian oil imports as authorities tighten controls to comply with Western sanctionsIndia is reducing Russian oil imports to 800,000 barrels per day this month. This is due to tighter controls to comply with
Western sanctions and attempts to conclude a trade deal with the United States.
”, — write: unn.ua
DetailsOfficials noted that tighter controls have been introduced in recent weeks. According to their data, in November, India bought about 1.9 million barrels of Russian oil per day, while forecasts for this month were higher. The tightening of controls concerns the so-called “shadow fleet tankers” and payments. The Ministry of Shipping requires additional certificates of origin and registration data.
Ukraine imposes sanctions against almost 700 vessels of Russia’s “shadow fleet” – Zelenskyy13.12.25, 17:26 • 79323 views
These steps by New Delhi come amid attempts to conclude a broader trade agreement with the United States, which previously imposed tariffs on Indian goods, partly as punishment for buying Russian oil.
According to officials, all Indian refineries, except for Nayara Energy Ltd., which is supported by Rosneft, have reduced imports from Russia. Tighter controls are forcing traders and refineries to look for workarounds for sanctioned barrels, while crude oil not subject to restrictions continues to flow.
EU imposes new sanctions against 9 more individuals and entities for supporting Russia’s “shadow fleet”15.12.25, 13:20 • 12845 views
